🔥 Wednesday 18 June 2025 Wed, 18 June 2025
48 Big Stories
Keybridge Challenges Yowie’s Takeover Bid Over Control and Disclosure Concerns
Keybridge Capital has lodged formal applications with the Takeovers Panel contesting Yowie Group’s off-market takeover offer, citing alleged legal circumvention and disclosure issues. The dispute raises questions about control dynamics and shareholder rights in the unfolding corporate tussle.
18 June
Claire Turing
Clean Seas Revises Yumbah Scrip Ratio Amid $23M-$28M Asset Impairment
Clean Seas Seafood updates shareholders on a revised equity conversion ratio for the Yumbah scrip alternative following significant impairment charges by Yumbah Aquaculture. The scheme meeting is now set for 8 July 2025.
18 June
Victor Sage
Blackstone Finalizes IDM Acquisition, Unlocking Major Copper-Gold Asset
Blackstone Minerals has completed its acquisition of IDM International, gaining full control of the Mankayan copper-gold project in the Philippines. The scheme of arrangement is now effective, marking a significant expansion of Blackstone’s Southeast Asia portfolio.
18 June
Maxwell Dee
Mayne Pharma Shareholders Back Cosette Takeover Amid Legal Hurdles
Mayne Pharma shareholders have overwhelmingly approved a scheme for Cosette Pharmaceuticals to acquire the company, setting the stage for a pivotal court hearing later this year.
18 June
Victor Sage
Canadian Phosphate Secures Key Permit to Advance Fernie Project Bulk Sampling
Canadian Phosphate Limited has obtained a 10,000-tonne bulk sample permit for its Barnes deposit at the Fernie Project, marking a significant step toward establishing a domestic phosphate supply in British Columbia. Additional permits are underway, supporting the company’s growth and critical minerals strategy.
18 June
Maxwell Dee
Codeifai Acquires Trust Codes to Lead AI-Powered QR Traceability Revolution
Codeifai Limited has agreed to acquire its main competitor Trust Codes Global Limited, significantly expanding its footprint and product capabilities ahead of the 2027 global shift to 2D barcodes.
18 June
Sophie Babbage
Opyl’s TrialKey Powers New Insurance Against Costly Clinical Trial Failures
Opyl Limited’s AI platform TrialKey has partnered with UK insurer Innovatrix to launch a pioneering parametric insurance product that protects biotech firms from the financial risks of clinical trial failures.
18 June
Ada Torres
Lithium Universe Secures Breakthrough Solar Panel Recycling Tech Amid Lithium Slump
Lithium Universe Limited has acquired exclusive global rights to a pioneering microwave-based technology for recycling photovoltaic solar panels, offering a strategic pivot while awaiting lithium market recovery.
18 June
Maxwell Dee
Lithium Universe Secures Game-Changing Solar Panel Recycling Tech
Lithium Universe has acquired exclusive global rights to a pioneering microwave-based solar panel recycling technology from Macquarie University, aiming to revolutionize critical metal recovery and sustainability in the solar industry.
18 June
Victor Sage
Krakatoa Raises $1.3M to Drill Zopkhito’s Antimony-Gold Riches
Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.
18 June
Maxwell Dee
Karoon Secures Six Santos Basin Blocks, Boosts 2025 Capex Guidance
Karoon Energy has successfully acquired 100% interests in six offshore blocks in Brazil’s Santos Basin, reinforcing its strategic position and increasing its 2025 capital expenditure guidance to US$120-140 million.
18 June
Maxwell Dee
Aguia Resources Slashes SPP Price, Boosts Growth with Drilling and $4M Loan
Aguia Resources Limited has reduced its Share Purchase Plan price to 3.6 cents and extended the closing date, while reporting promising initial drill results at its Santa Barbara gold project and securing a $4 million loan to kickstart phosphate production in Brazil.
18 June
Maxwell Dee
Blaze Minerals Secures 80% Stake in Congo’s Loulombo Project with $2.52M Capital Raise
Blaze Minerals has inked a binding deal to acquire a major interest in the Loulombo Base Metals Project in the Republic of Congo, backed by a $2.52 million capital raise to fund exploration and development.
18 June
Maxwell Dee
Lumos Diagnostics Advances FebriDx Study, Secures Key BARDA Milestone Payment
Lumos Diagnostics has enrolled 500 patients in its FebriDx CLIA waiver clinical study, unlocking a significant milestone payment from BARDA and moving closer to FDA approval that could open a US$1 billion market.
18 June
Ada Torres
Emyria Secures Medibank Funding to Expand PTSD Care Nationwide
Emyria has landed a multi-year funding deal with Medibank to support its Empax PTSD program at Perth Clinic, marking a first for private insurer-backed psychotherapy in Australia. The company also announces a $4 million capital raise to fuel national expansion.
18 June
Ada Torres
How Viva Leisure’s Tech-Driven Expansion Is Reshaping Fitness Globally
Viva Leisure has grown from 29 gyms in 2019 to over 480 locations, leveraging proprietary technology and a multi-brand strategy to lead fitness innovation across Australia and beyond.
18 June
Victor Sage
Turaco Gold Secures $60M to Accelerate Afema Project Expansion
Turaco Gold has raised A$60 million through a strongly supported placement, positioning the company to fast-track growth and exploration at its flagship Afema gold project.
18 June
Maxwell Dee
Critical Metals Secures US$120M Backing for Greenland Rare Earths Project
Critical Metals Corp has landed a conditional US$120 million funding letter from the US Export-Import Bank to advance its Tanbreez rare earth project in Greenland, a move that could reshape Western critical minerals supply chains.
18 June
Maxwell Dee
NEXTDC Secures A$2.2 Billion Debt Boost to Power Data Centre Growth
NEXTDC has locked in a substantial A$2.2 billion senior debt facility, lifting its total borrowing capacity to A$5.1 billion to support expanding data centre operations and recent contract wins.
18 June
Sophie Babbage
Firetail Uncovers 800m High-Grade Copper Trend at Skyline Project
Firetail Resources has identified an 800-metre strike of high-grade copper-only mineralisation at the Earl’s Target within its Skyline Copper Project in Newfoundland, bolstering the case for Cyprus-style VMS deposits in the region.
18 June
Maxwell Dee
Matsa Resources Confirms Multiple High-Grade Gold Lodes at Fortitude North
Matsa Resources has reported significant high-grade gold intercepts from recent drilling at its Fortitude North project, reinforcing the presence of multiple stacked lode structures and expanding exploration potential.
18 June
Maxwell Dee
Ionic Rare Earths Expands Viridion JV to Build US Rare Earth Refinery
Ionic Rare Earths is broadening its Viridion Joint Venture to include a US-based rare earth refinery, aiming to strengthen a secure supply chain for critical magnet and heavy rare earth oxides outside China.
18 June
Maxwell Dee
Waratah Minerals Unveils Expanding 1km Spur Gold Corridor with High-Grade Drilling
Waratah Minerals has confirmed significant extensions to its Spur Gold Corridor in NSW, revealing high-grade gold intercepts and promising porphyry copper-gold mineralisation. The expanded drilling program aims to unlock further potential in this emerging gold discovery.
18 June
Maxwell Dee
Mayne Pharma Shareholders Back $7.40-a-Share Cosette Takeover Amid Legal Hurdles
Mayne Pharma shareholders have overwhelmingly approved the scheme of arrangement for Cosette Pharmaceuticals to acquire the company at $7.40 per share, despite ongoing legal challenges and regulatory approvals still pending.
18 June
Victor Sage