🔥 Monday 2 June 2025 Mon, 2 June 2025
42 Big Stories
Atturra Bolsters SAP Expertise with DalRae Acquisition in $20M Deal
Atturra Limited has completed its acquisition of DalRae Solutions, a specialist SAP consultancy, aiming to deepen its footprint in SAP services across Australia and New Zealand. The deal includes upfront and performance-based payments totalling up to $20 million.
2 June
Sophie Babbage
Coolabah Metals’ $15M Raise Backs Acquisition of Broken Hill Mines
Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.
2 June
Maxwell Dee
Metal Powder Works Doubles Output Without Extra Capital
Metal Powder Works has doubled its production capacity for advanced metal powders using its patented DirectPowder™ process, achieving this milestone without additional capital expenditure. The company also cut production cycle times by up to 40%, positioning itself as a key US supplier for defence applications.
2 June
Victor Sage
Soul Patts and Brickworks Unite to Form $14B ASX Powerhouse
Soul Patts and Brickworks have announced a transformative merger to create Washington H. Soul Pattinson, a new $14 billion ASX-listed company. The deal simplifies ownership, boosts liquidity, and offers shareholders a premium on Brickworks shares.
2 June
Claire Turing
Soul Patts and Brickworks Unite to Form $14B ASX Powerhouse
Soul Patts and Brickworks have announced a transformative merger to create Washington H. Soul Pattinson, a new $14 billion ASX-listed company that promises simplified ownership and enhanced shareholder value.
2 June
Claire Turing
Soul Patts and Brickworks Forge $14 Billion ASX Powerhouse
Washington H. Soul Pattinson and Brickworks Limited have agreed to merge, creating a $14 billion ASX-listed entity with enhanced scale, liquidity, and diversification. The deal simplifies a long-standing cross-shareholding and offers shareholders significant premiums and growth opportunities.
2 June
Victor Sage
Soul Patts and Brickworks Forge $14 Billion Merger to Reshape ASX Landscape
Washington H. Soul Pattinson and Brickworks Limited have agreed to merge, creating a $14 billion ASX-listed entity that promises greater scale, liquidity, and diversification for shareholders.
2 June
Victor Sage
Opthea Board Shaken as Four Directors Resign Amid Trial Setbacks
Opthea Limited faces a pivotal moment as four board members resign following disappointing Phase 3 trial results and a major workforce reduction. The company’s future hinges on ongoing funding negotiations amid trading suspensions.
2 June
Ada Torres
Infini Resources Poised for Breakthrough with Canadian Uranium Drilling Resumption
Infini Resources is set to resume drilling at its Portland Creek Uranium Project in Q3 2025, following promising early indicators and a seasonal pause. The company also advances exploration with new airborne surveys over its Athabasca Basin projects, positioning itself as a leading junior uranium explorer amid rising nuclear energy interest.
2 June
Maxwell Dee
Articore Revamps Leadership Amid Shareholder Pressure and Growth Focus
Articore Group Limited has announced a major leadership overhaul, appointing Robin Mendelson as Chair and Vivek Kumar as CEO, signaling a strategic pivot to strengthen its North American market position.
2 June
Sophie Babbage
Chilwa Minerals Confirms High-Grade Mineral Sands at Mpyupyu Dune
Chilwa Minerals Limited has reported strong assay results from its Mpyupyu Dune deposit in Malawi, reinforcing the potential for a significant upgrade to its mineral resource estimates. Improved assay turnaround times are accelerating progress across multiple deposits.
2 June
Maxwell Dee
Genmin Secures US$3M Convertible Notes from US Family Office to Boost Baniaka Project
Genmin Limited has signed a non-binding term sheet for a US$3 million convertible notes offer with a prominent US family office, aiming to accelerate development of its Baniaka iron ore project in Gabon.
2 June
Maxwell Dee
Vection Technologies Secures $1M Defence Contract Boosting Cybersecurity Solutions
Vection Technologies has landed a $1 million contract to enhance cyber and data protection for national security intelligence, extending its footprint in the defence sector. This deal builds on previous engagements and signals potential for further growth.
2 June
Sophie Babbage
Variscan Mines Uncovers High-Grade Zinc Beyond Current Resources at Udías
Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.
2 June
Maxwell Dee
Sarytogan Graphite Hits >90% Purity in Central Zone, Poised for Market Upswing
Sarytogan Graphite Limited has achieved flotation concentrate grades exceeding 90% Total Graphitic Carbon in its Central Graphite Zone, marking a significant improvement over previous results and enhancing its market potential.
2 June
Maxwell Dee
Castile Resources Breaks New Ground with IOCG Discovery at Pathfinder 38
Castile Resources has successfully detected Iron Ore, Copper, and Gold mineralisation at Pathfinder 38 using innovative Ambient Noise Tomography Survey technology, marking a first in exploration targeting. This breakthrough could redefine the company’s strategy to expand its Rover 1 style deposits.
2 June
Maxwell Dee
Cash Converters Accelerates UK Expansion with £12m Lloyds Funding and Store Acquisition
Cash Converters has secured a £12 million growth facility from Lloyds Bank and agreed to acquire 10 UK franchise stores, marking a significant step in its UK expansion strategy.
2 June
Claire Turing
Mayfield Bolsters Manufacturing with $7M BE Switchcraft Buyout
Mayfield Group Holdings has agreed to acquire BE Switchcraft for $7 million, enhancing its manufacturing footprint and product range in energy management and automation. The deal positions Mayfield as a stronger player in Australia's electrical infrastructure market.
2 June
Victor Sage