🔥 Monday 13 January 2025 Mon, 13 Jan 2025
31 Big Stories
Telix Surpasses FY24 Revenue Targets with US$142M Q4 Surge
Telix Pharmaceuticals has exceeded its full-year 2024 revenue guidance, driven by strong sales of its prostate cancer diagnostic Illuccix® and strategic pipeline advancements.
13 Jan
Ada Torres
Foresta’s Kawerau Project Gains Fast-Track Approval in New Zealand
Foresta Group Holdings secures a significant regulatory boost as its Kawerau renewable energy project is included in New Zealand’s Fast-Track Approvals Act 2024, expediting the path to construction and operation.
13 Jan
Victor Sage
McLaren Minerals Secures $1.5M to Propel McLaren Project Pre-Feasibility Study
McLaren Minerals has successfully raised $1.5 million through a shortfall placement, bolstering its efforts to advance the Pre-Feasibility Study for its McLaren Mineral Sands Project in Western Australia.
13 Jan
Maxwell Dee
DomaCom Secures $1.5M Placement from Lumiere, Launches Three New Funds
DomaCom Limited has announced a $1.5 million placement to Lumiere Lifestyle Group, alongside the launch of three innovative funds targeting care and disability accommodation sectors, reinforcing its growth strategy and financial position.
13 Jan
Claire Turing
Eumundi Board Reaffirms Support for SEQ Takeover in Second Supplementary Statement
Eumundi Group has issued a second supplementary target's statement endorsing SEQ Hospitality Group's takeover offer, maintaining the recommendation to accept in the absence of a superior proposal and reaffirming the offer's fairness.
13 Jan
Victor Sage
Element 25 Secures Crucial Approval for Butcherbird Expansion, Boosting Manganese Output
Element 25 has obtained key regulatory approval from WA's DEMIRS for its Butcherbird Expansion Project, paving the way for a twelve-year production run at 1.1 million tonnes per annum of manganese concentrate. The final hurdle remains the Works Approval, expected imminently.
13 Jan
Maxwell Dee
Way2VAT Secures A$1.3 Million Convertible Note Raise to Fuel Growth
Way2VAT has locked in A$1.3 million through convertible notes aimed at bolstering working capital and accelerating client expansion, pending shareholder approval for conversion.
13 Jan
Victor Sage
Chilwa Minerals Uncovers Strong Niobium and REE Signals in Malawi Soil Tests
Chilwa Minerals has reported compelling geochemical results from initial soil sampling at its Lake Chilwa project, revealing significant concentrations of niobium and rare earth elements. These findings bolster the company's dual exploration strategy and set the stage for accelerated drilling campaigns.
13 Jan
Maxwell Dee
AVL Advances with EPA Nod for Gabanintha Vanadium Project
Australian Vanadium Limited has secured critical EPA approval for its Gabanintha Vanadium Project, marking a significant step toward construction and production within its broader Australian Vanadium Project.
13 Jan
Maxwell Dee
Raiden Unveils High-Grade Lithium Zones at Andover South, Eyes Larger Southern Corridor
Raiden Resources has reported promising high-grade lithium mineralisation in its maiden drilling at Andover South, while identifying a potentially larger, untested Southern Corridor target for future exploration.
13 Jan
Maxwell Dee
Syrah Secures US$165M Tax Credit to Boost Vidalia Anode Expansion
Syrah Resources has been awarded a US$165 million tax credit under the US Inflation Reduction Act to support the expansion of its Vidalia active anode material facility in Louisiana, potentially increasing production capacity to 45ktpa.
13 Jan
Maxwell Dee
Myer Holds Steady Amid Challenges, Eyes Apparel Brands Merger
Myer reports flat comparable sales and a slight dip in total sales for the 22 weeks to December 2024, while reaffirming support for its transformative merger with Premier Investments' Apparel Brands.
13 Jan
Logan Eniac
Unith Boosts Cash with AudioStack Sale, Hits $1.15M B2C Revenue Milestone
Unith Ltd has strengthened its financial position through a partial divestment in AudioStack while renewing a key public health contract and achieving its highest B2C subscription revenue in two years.
13 Jan
Sophie Babbage
True North Copper Resumes Trading Amid Voluntary Administration Uncertainty
True North Copper Limited (ASX: TNC) has been reinstated to trading following the appointment of voluntary administrators, signaling a critical juncture for the copper miner’s future.
13 Jan
Maxwell Dee
Pointerra Secures US$2M DOE Boost to Advance Hurricane Grid Resilience
Pointerra has won a US$2 million contract extension from the US Department of Energy to expand its hurricane impact analysis program, leveraging its Pointerra3D digital twin technology to enhance electric grid resilience across North America.
13 Jan
Sophie Babbage
True North Copper Completes $53M Recapitalisation, Eyes Exploration Over Production
True North Copper has successfully completed a $53.44 million capital raising and debt restructuring, exiting voluntary administration and securing ASX reinstatement. The company shifts focus to exploration at Mt Oxide and Cloncurry, retracting prior production plans for the next 12 months.
13 Jan
Maxwell Dee
Antilles Gold Unveils Maiden Ore Reserve and Robust PFS for Nueva Sabana Project
Antilles Gold Limited has declared a maiden Probable Ore Reserve of 1.76 million tonnes at the Nueva Sabana copper-gold project in Cuba, supported by a comprehensive Pre-Feasibility Study outlining strong financial metrics and a clear path to production.
13 Jan
Maxwell Dee
Vection Technologies Accelerates European Expansion with Synergy Deal and DigiLens Partnership
Vection Technologies has secured a key distribution agreement to enter the Bulgarian market and partnered with DigiLens to integrate XR apps into advanced smart glasses, signaling a strategic push into Europe and global industrial sectors.
13 Jan
Sophie Babbage
FBR Secures A$6.3M R&D Rebate, Boosting Cash Reserves Amid US Program Completion
FBR Limited has received a substantial A$6.3 million R&D tax incentive rebate from the Australian Taxation Office, strengthening its financial position as it wraps up its US Demonstration Program with additional funding from CRH Ventures.
13 Jan
Sophie Babbage
Livium and MinRes Advance LieNA® Lithium JV with Extended Funding and Commercialisation Plan
Livium and Mineral Resources have agreed to extend their joint development agreement, funding additional optimisation activities for the LieNA® lithium extraction technology and setting the stage for a 50/50 joint venture.
13 Jan
Maxwell Dee
Invictus Energy Secures 3-Year Extension for Mukuyu Gas Licence
Invictus Energy has successfully renewed its SG 4571 licence in Zimbabwe’s Cabora Bassa Basin for an additional three years, enabling continued exploration and development at the Mukuyu gas discovery.
13 Jan
Maxwell Dee
PhosCo Secures Sekarna Phosphate Permit, Cementing Tunisian Expansion
PhosCo has formally secured the Sekarna phosphate exploration permit in Tunisia, marking the first time the Tunisian Government has granted a phosphate permit 100% to a foreign investor. This milestone follows the recent approval of the Gassaat project and a strategic MoU with Tunisian authorities and the EBRD.
13 Jan
Maxwell Dee
4DMedical Secures US DoD Pilot for CT:VQ™ Lung Imaging Ahead of FDA Nod
4DMedical has landed a paid pilot contract with the US Department of Defense to deploy its CT:VQ™ lung imaging technology on active-duty personnel, marking a significant step before FDA submission and spotlighting a billion-dollar market opportunity.
13 Jan
Ada Torres
Pacific Edge Battles Medicare Non-Coverage for Cxbladder Amid Legal and Clinical Pushback
Pacific Edge faces a significant Medicare reimbursement setback as Novitas finalizes a non-coverage decision for its Cxbladder tests, prompting the company to activate legal challenges and operational restructuring.
13 Jan
Ada Torres