🔥 Tuesday 12 May 2026 Tue, 12 May 2026

BWP Group has launched the retail tranche of its fully underwritten $228 million entitlement offer at $3.77 per security, aiming to fund a $163 million development pipeline and reduce gearing.

OD6 Metals has pinpointed the historically noted Big Jim Fluorspar Lode within its Quinn Project, revealing grades up to 98.6% CaF2 and defining a new, substantial drill target in a district-scale system.

Metallium has successfully completed a 12-hour continuous run of its commercial-scale Flash Joule Heating reactor, demonstrating stable operation and exceeding throughput expectations. This milestone reduces scale-up risks ahead of planned multi-reactor deployment at its Texas facility.

SHAPE Australia forecasts FY26 revenue up nearly 23% and NPAT soaring 47%, driven by sector diversification and modular expansion.

Critical Resources has launched a systematic field exploration program at the Corona Pegmatite Field, aiming to expand its lithium resource pipeline within the Mavis Lake Project in Ontario, Canada.

Energy Transition Minerals has secured a non-binding MOU with Traxys Europe for the potential exclusive offtake of tin, tantalum, and niobium concentrates from its Penouta mine, positioning the project as a strategic Western source of critical minerals.

Desert Metals has confirmed a continuous 1.5km gold mineralised corridor at Tiogo, Côte d'Ivoire, highlighted by a standout 4m at 19.48g/t gold intercept, while the highest-grade mineralisation remains untested at depth.

Bioxyne has locked in a two-year, $50 million exclusive supply agreement with German pharmaceutical distributor ADREXpharma, granting exclusive rights to its Dr Watson® brand in Germany and reinforcing its foothold in Europe’s largest medicinal cannabis market.

Bindi Metals has kicked off its first diamond drilling campaign at the Ravni Gold Project, targeting a promising 2km mineralised corridor with high-grade gold results and strong geophysical anomalies.

EDU Holdings delivered a transformational FY25 with nearly doubled revenue and a debt-free balance sheet, driven by strong growth in its higher education arm Ikon. The company started FY26 on a solid footing despite regulatory headwinds.

Pioneer Minerals has uncovered previously hidden fault structures at its Springfield Project in Idaho, enhancing prospects for tungsten, gold, and gallium mineralisation ahead of planned surveys and drilling.

Life360 surged to $143.1 million in Q1 2026 revenue, powered by 27% growth in paying subscribers and a 329% jump in advertising following the Nativo acquisition. The company raised its full-year guidance as it navigates temporary user growth headwinds.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.