🔥 Friday 11 July 2025 Fri, 11 July 2025
35 Big Stories
Platinum Capital Proposes Scheme to Convert Shares into ETF Units; Buy-Back Planned if Scheme Fails
Platinum Capital Limited has unveiled a proposed restructure via a scheme of arrangement, offering shareholders the option to exchange their shares for units in the Platinum International Fund Complex ETF (PIXX). The move aims to address the persistent discount to net tangible asset value (NTA) and improve liquidity.
11 July
Claire Turing
Platinum Asia Investments Proposes Scheme to Convert Shares into ETF Units
Platinum Asia Investments Limited (PAI) has announced a proposed restructure via a scheme of arrangement to exchange its shares for units in the Platinum Asia Fund Complex ETF (PAXX), aiming to resolve a persistent discount to net tangible asset value (NTA). The scheme, supported by independent directors and deemed fair by an expert, includes a potential special dividend and awaits shareholder and court approval.
11 July
Claire Turing
AVJennings Shareholders Back $1.2B Acquisition Scheme, Court Approval Next
AVJennings shareholders have overwhelmingly approved the proposed acquisition by Proprium Capital Partners and AVID, setting the stage for final court approval and a significant shift in ownership.
11 July
Eva Park
Spartan Shareholders Back Ramelius Deal with Over 90% Support
Spartan Resources shareholders have overwhelmingly approved the proposed acquisition by Ramelius Resources, clearing a major hurdle for the deal. The next step is court approval, with the transaction expected to complete by the end of July.
11 July
Maxwell Dee
Top Shelf International Unveils $10M Convertible Note Raise to Fuel Restructuring
Top Shelf International Holdings is set to raise up to $10 million through convertible notes to support a strategic business restructure and operational improvements, alongside forging a key sales partnership with Amber Bev.
11 July
Victor Sage
Jatcorp Flags $8M FY2025 Loss Amid China Sales Halt, Eyes FY2026 Recovery
Jatcorp anticipates a significant net loss for FY2025 driven by halted sales in China and legal disputes, yet remains cautiously optimistic about growth prospects in FY2026.
11 July
Victor Sage
AVJennings Shareholders Back $0.655 Cash Scheme in Major Takeover Move
AVJennings shareholders have overwhelmingly approved a scheme of arrangement for a $0.655 per share cash acquisition by Proprium Capital Partners and AVID Property Group, marking a significant premium and a pivotal moment for the residential property developer.
11 July
Eva Park
ASM Slashes Dubbo Project Capital Costs by 56% with Heap Leach Strategy
Australian Strategic Materials unveils a transformative heap leach approach for its Dubbo Project, cutting upfront capital costs by over half and accelerating rare earth oxide production amid rising global demand.
11 July
Maxwell Dee
BMG Resources Validates Large Gold System at Abercromby with Phase 1 Drilling
BMG Resources confirms a substantial gold system at its Abercromby Gold Project through Phase 1 drilling results, validating its geological model and setting the stage for resource expansion. The company is advancing plans for Phase 2 drilling and a scoping study to explore commercial mining potential.
11 July
Maxwell Dee
Takeovers Panel Orders Emu NL to Rerun Shareholder Vote Amid Governance Failings
The Takeovers Panel has mandated Emu NL to hold a new shareholder meeting after finding serious irregularities in the recent extraordinary general meeting, including share issuance timing and proxy voting issues.
11 July
Victor Sage
Mithril Silver & Gold Secures C$11.5M to Boost Copalquin Exploration
Mithril Silver and Gold Limited has arranged a placement to raise up to C$11.5 million, aiming to accelerate exploration at its Copalquin project in Mexico’s prolific Sierra Madre Trend.
11 July
Maxwell Dee
Tissue Repair Accelerates Global Reach with Key Distributor Deals and Manufacturing Scale-Up
Tissue Repair Limited has secured major distribution partnerships in Australia, New Zealand, and Thailand for its TR Pro+® product line, marking a pivotal shift from development to commercialisation. The company is also scaling up manufacturing and advancing regulatory approvals to support its global expansion ambitions.
11 July
Ada Torres
FirstWave Boosts Microsoft Contract by 18%, Eyes AI Growth
FirstWave Cloud Technology has secured a $770k contract renewal with Microsoft, marking an 18% uplift and signaling strong growth potential through new AI-powered products and expanded licensing.
11 July
Sophie Babbage
Falcon Metals Strikes 543 g/t Gold in Blue Moon Wedge Hole
Falcon Metals has reported a spectacular high-grade gold intersection of 1.2 metres at 543 g/t from its first wedge hole at the Blue Moon Prospect, confirming the potential for Bendigo-style mineralisation in Victoria’s historic goldfield.
11 July
Maxwell Dee
HITIQ Launches PROTEQT with NHS 111 Link in UK Concussion Market
HITIQ Limited is set to debut its PROTEQT concussion management system in the UK on August 4, 2025, uniquely integrating with NHS 111 telehealth services to offer free medical guidance. This launch marks HITIQ’s first international consumer market entry and a strategic step in its global expansion.
11 July
Victor Sage
Almonty Confirms Sangdong Mine Phase I Start, Eyes 1.2Mtpa Expansion
Almonty Industries has released an updated JORC technical report for its Sangdong Tungsten Mine, affirming Phase I production commencement in late 2025 and outlining plans for a fully permitted Phase II expansion to double throughput.
11 July
Maxwell Dee
Castile Resources Leverages Bismuth Surge Amid China Export Ban to Boost Rover 1 Project
Castile Resources has integrated bismuth as a by-product into its Rover 1 Bankable Feasibility Study following China’s export restrictions, positioning itself as a key supplier amid global supply shocks. The company also advances exploration with innovative technology and secures strategic partnerships in critical mineral supply chains.
11 July
Maxwell Dee
Titan Minerals Confirms Wide, High-Grade Gold from Surface at Cerro Verde
Titan Minerals has reported significant high-grade gold and silver mineralisation from surface trenching at its Cerro Verde prospect, bolstering confidence ahead of a mineral resource update expected in late Q3 2025.
11 July
Maxwell Dee
RMX Unveils New Gold Assays and Launches Major Trenching at Armidale
Red Mountain Mining reports promising gold assays at Oaky Creek and announces a fully funded trenching and soil sampling program to advance its Armidale Antimony-Gold project.
11 July
Maxwell Dee
Bryah Resources Seizes High-Grade Golden Pike Gold Project in Canada
Bryah Resources has exercised its option to acquire the Golden Pike gold and antimony project in New Brunswick, Canada, aiming to add significant value with a high-grade resource. The acquisition follows thorough due diligence and complements Bryah’s existing Australian portfolio.
11 July
Maxwell Dee
Service Stream Secures $360M Extension for ACT Fibre Upgrade
Service Stream Limited has extended its contract with NBN Co to continue upgrading the ACT’s fibre network, securing $360 million in revenue over 3.5 years.
11 July
Sophie Babbage
Cambium Bio Clears FDA to Launch Phase 3 Trials for Dry Eye Therapy
Cambium Bio has secured FDA clearance to begin Phase 3 dosing of Elate Ocular, a promising treatment for moderate to severe dry eye disease, pending additional financing.
11 July
Ada Torres
Ventia Secures $280M NBN Fibre Upgrade Contract in New ACT Region
Ventia has expanded its partnership with NBN Co through a $280 million contract amendment to upgrade fibre infrastructure in the Australian Capital Territory, marking a strategic geographic expansion.
11 July
Victor Sage
Kingston Secures $50M from Misima Sale, Sets Sights on Copper Growth
Kingston Resources has received the first $50 million payment from the sale of its Misima Gold Project, bolstering its balance sheet and enabling a strategic pivot towards expanding its Australian copper operations.
11 July
Maxwell Dee