🔥 Tuesday 20 May 2025 Tue, 20 May 2025
36 Big Stories
Yowie Rebuts Keybridge Director Notices, Confirms $6.6M Debt and Share Placement
Yowie Group Ltd has firmly rejected the validity of director removal and nomination notices purportedly from Keybridge Capital, while confirming its status as Keybridge’s largest creditor with over $6.6 million owed. The company also detailed a recent share placement amid ongoing regulatory scrutiny.
20 May
Claire Turing
Kingston Resources Divests Misima for $95M, Fuels Mineral Hill Expansion
Kingston Resources has agreed to sell its Misima Gold-Silver Project for $95 million, bolstering its balance sheet to accelerate growth at the Mineral Hill gold-copper operation. The transaction positions Kingston to expand production and exploration in the southern Cobar Basin.
20 May
Maxwell Dee
Terrain Minerals Launches Major Drilling Push at Smokebush Gold Prospects
Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.
20 May
Maxwell Dee
Spacetalk Accelerates Growth with 47% Subscriber Surge and $20M ARR Target
Spacetalk Ltd reports robust 3QFY25 results, showcasing strong revenue growth and a sharp reduction in losses as it pivots to a subscription-driven family safety platform.
20 May
Sophie Babbage
Whitefield Industrials Delivers 10% Profit Growth and Boosts Dividends Amid Market Volatility
Whitefield Industrials Limited reported a 10% increase in core operating profit for the year ended March 2025, outperforming its benchmark with a 7.5% portfolio return and raising fully franked dividends to 10.5 cents per share.
20 May
Claire Turing
Chimeric Therapeutics Secures $6.6M to Propel CAR-T and NK Cell Trials
Chimeric Therapeutics has raised $6.6 million through a discounted two-tranche placement to accelerate its promising CAR-T and NK cell therapy clinical programs. The capital raise, strongly backed by institutional and professional investors, signals growing confidence in the company’s oncology pipeline.
20 May
Ada Torres
Axel REE Unveils High-Grade Rare Earth Expansion at Caldas Project
Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.
20 May
Maxwell Dee
Zoono Secures Exclusive UK Deal to Extend Shelf-Life of Soft Fruits
Zoono Group has inked a five-year exclusive contract with Sharpak and OSY to apply its antimicrobial technology on UK soft fruit packaging, aiming to reduce food waste and boost shelf-life.
20 May
Ada Torres
Clarity Pharmaceuticals Launches Pivotal Phase III Trial for Prostate Cancer Imaging
Clarity Pharmaceuticals has initiated its second registrational Phase III AMPLIFY trial for the Cu-SAR-bisPSMA PET imaging agent targeting biochemical recurrence of prostate cancer. The multi-centre study aims to generate critical data supporting FDA approval and could redefine prostate cancer diagnostics.
20 May
Ada Torres
Aguia Resources Launches Drilling to Unlock Santa Barbara’s Gold Potential
Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.
20 May
Maxwell Dee
VirginMedia O2 Contract Loss Hits Dubber’s Margins by $7 Million
Dubber Corporation faces a significant setback as VirginMedia O2 declines to renew its call recording contract, prompting urgent cost-cutting and strategic reassessment.
20 May
Sophie Babbage
Riversgold Advances Northern Zone with 92.5% Gold Recovery and Strong Drilling
Riversgold Limited reports metallurgical tests confirming over 90% gold recovery at its Northern Zone project near Kalgoorlie, alongside promising drilling results that pave the way for a maiden resource estimate.
20 May
Maxwell Dee
Mithril Unveils High-Grade Gold-Silver Discovery at Copalquin’s Target 2
Mithril Silver and Gold Limited reports a significant maiden drill intercept at its Copalquin project in Mexico, revealing high-grade gold and silver mineralization at the Target 2 area. The company advances multiple exploration fronts, underscoring the district’s growing potential.
20 May
Maxwell Dee
Thunderbird Resources Unveils High-Grade Gold and Antimony at NSW Projects
Thunderbird Resources has confirmed significant high-grade gold, antimony, and silver mineralisation at its Rockvale and Kookabookra projects in New South Wales, setting the stage for targeted drilling later this year.
20 May
Maxwell Dee
Many Peaks Unveils Expanding High-Grade Gold Zones at Ferké
Many Peaks Minerals reports promising diamond drilling results at its Ferké Gold Project, revealing expanding high-grade gold mineralisation and prompting accelerated exploration efforts.
20 May
Maxwell Dee
Kogan.com Drives 24% Sales Growth Amid Mighty Ape’s Recovery Struggles
Kogan.com Ltd reports robust sales and profit growth for the first four months of 2025, powered by strong marketing investment, while its subsidiary Mighty Ape faces technical setbacks but shows early signs of recovery.
20 May
Logan Eniac
Sayona Mining Advances Merger and Boosts FY25 Lithium Output Amid Market Recovery
Sayona Mining reports solid FY25 operational gains and outlines strategic merger progress with Piedmont Lithium, positioning itself as a leading North American lithium producer amid a recovering market.
20 May
Maxwell Dee
Green360 Advances Low-Carbon Cement with Premium Metakaolin Production
Green360 Technologies has successfully produced high-quality metakaolin from its kaolin resources, surpassing industry benchmarks and initiating commercial-scale trials with PERMAcast to validate its low-carbon cement formulations.
20 May
Maxwell Dee
Avecho Accelerates Phase III CBD Trial with New Sites and Sandoz Partnership
Avecho Biotechnology has expanded its pivotal Phase III clinical trial for a CBD insomnia treatment by adding new recruitment sites and partnering with pharmaceutical giant Sandoz to boost patient enrolment and regulatory progress.
20 May
Ada Torres
American West Metals Ignites 2025 Drilling at Storm Copper Project
American West Metals is launching a comprehensive 2025 exploration campaign at its Storm Copper Project in Nunavut, targeting resource expansion and new discoveries along a 110km copper belt.
20 May
Maxwell Dee
Midas Minerals Secures $6.5M to Accelerate Otavi Copper Ambitions
Midas Minerals has locked in $6.5 million through a two-tranche placement to fund its strategic acquisition and exploration of the Otavi Copper Project in Namibia, alongside advancing its broader project portfolio.
20 May
Maxwell Dee
Worley Reaffirms FY25 Growth with $9.4B Bookings and Bold Digital Shift
Worley Limited has reaffirmed its FY25 financial outlook, targeting low double-digit EBITA growth and margins between 8-8.5%, supported by a robust $9.4 billion bookings pipeline and a strategic operational reorganisation.
20 May
Victor Sage
Sky Metals Doubles Drilling at Tallebung, Uncovers High-Grade Tin Extensions
Sky Metals reports promising high-grade tin results from the first three holes of its expanded drilling program at the Tallebung Tin Project, prompting a significant increase in drilling activity to further grow the resource.
20 May
Maxwell Dee
Kingston Resources Sells Misima Gold Project for $95 Million, Eyes Copper Growth
Kingston Resources has agreed to sell its Misima Gold Project to Ok Tedi Mining for $95 million, strengthening its balance sheet and enabling a strategic pivot towards expanding its Mineral Hill copper and gold operations.
20 May
Maxwell Dee