May 2025

Alma Metals has announced a pro-rata non-renounceable rights offer to raise approximately $1.06 million, aiming to fund critical drilling and a scoping study at its Briggs Copper Project in Queensland.

TruScreen Group Ltd reports a dip in FY25 sales but forecasts a robust rebound in FY26 driven by resumed programs and expansion in key emerging markets. Strategic partnerships and AI-enabled technology underpin its growth ambitions.

Jade Gas Holdings has completed Mongolia’s inaugural horizontal coal bed methane wells at the Red Lake field, setting the stage for initial gas production by early June 2025. The company is advancing commercial partnerships to leverage this milestone for cleaner energy solutions in the South Gobi region.

TruScreen Group Limited reported a 19% revenue decline in FY2025 due to delayed rollouts in key emerging markets but anticipates a strong rebound with FY2026 sales forecast to exceed NZ$2.8 million.

Noble Helium has secured significant cost savings by negotiating the removal of the Marriott rig from Tanzania at no economic risk, while preparing a leaner drilling approach with the BorExpert rig.

Patriot Resources has successfully raised $2.2 million through an oversubscribed share placement, signaling strong investor confidence as it advances exploration in Zambia and other projects.

Nimy Resources has identified a new outcropping chlorite schist 480 metres east of its initial gallium discovery at Block 3, prompting an accelerated drilling program to explore this promising extension.

Ionic Rare Earths has signed a pivotal MOU with EMR to develop a circular supply chain for rare earth magnets, supporting its Belfast recycling plant and the UK’s net-zero ambitions.

VEEM Limited has been awarded $2 million in government grants to enhance its manufacturing capabilities for critical naval components, supporting Australia's nuclear submarine and defence programs.

Rhythm Biosciences has successfully validated its second-generation ColoSTAT® Beta assay, confirming its readiness for commercial application in colorectal cancer detection. The Beta kit offers improved precision and faster turnaround times compared to its predecessor.

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.

Way2VAT unveils a bold growth strategy leveraging patented AI technology to dominate the expanding digital tax processing market, targeting rapid profitability in 2025. The company’s unified SaaS platform integrates VAT reclaim, real-time invoice validation, compliance services, and e-invoicing across 40+ countries.

Way2VAT has secured a significant three-year contract with global real estate giant JLL, deploying its AI-driven VAT recovery and compliance platform across 25 entities worldwide. This deal positions Way2VAT as a key player in automated VAT solutions for multinational corporations.

Aguia Resources has announced a $3 million Share Purchase Plan offering shares at a 9% discount, aiming to fund exploration and development at its key projects.

Canyon Resources has locked in a US$140 million syndicated credit facility alongside a AU$24.5 million option exercise by a major shareholder, positioning the company to fast-track operations at its Minim Martap Bauxite Project in Cameroon.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Zenith Minerals advances its Split Rocks Project with the discovery of new regional shear structures and encouraging gold results from initial drilling at the Fuego prospect, signaling untapped potential beyond its flagship Dulcie Far North site.

Elders Limited has reported a robust 67% increase in underlying EBIT for the half-year ending March 2025, driven by livestock market recovery and real estate growth, alongside five new acquisitions and ongoing transformation initiatives.

WiseTech Global has announced its acquisition of E2open Parent Holdings, Inc. for $2.1 billion, significantly broadening its footprint in global trade and logistics software. The deal is expected to accelerate WiseTech’s vision of becoming the operating system for global trade and logistics.

Lanthanein Resources has withdrawn from its farm-in agreement on the Lady Grey Lithium Project, signaling a strategic pivot. The company is now focusing on other growth opportunities to boost shareholder value.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.

Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.

Elders Limited reported a robust half-year performance for the period ending 31 March 2025, with profit after tax surging 190% to $33.6 million and revenue rising 5% to $1.41 billion. The company’s growth was driven by strong livestock prices, real estate acquisitions, and disciplined cost management.

Elders Limited has announced a fully franked ordinary dividend of AUD 0.18 per share for the half-year ending March 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount on new shares.