🔥 Friday 23 October 2026 Fri, 23 Oct 2026

CZR Resources shareholders have rejected both approvals needed for the company to acquire Zuleika Gold shares from two major holders, while backing a proposed share buy-back. The vote leaves the broader takeover’s immediate status unclear.

Genetic Signatures has added a new AGM resolution seeking approval to issue up to 340.7 million shares and 129.7 million options under its proposed Microba merger. The all-scrip transaction remains non-binding and subject to further shareholder, court, regulatory and due diligence conditions.

Yancoal Australia will ask shareholders to approve up to US$1.2 billion a year in related-party coal sales from 2027, while companies acquired with Kestrel must guarantee and secure debt facilities worth A$1.5 billion and US$1.4 billion. The resolutions put the economics and governance of the enlarged coal portfolio under the microscope.

Cycliq’s customer receipts rose 21% in the September quarter, but the cycling technology company ended the period with just $382,000 in cash and less than two quarters of funding on its current burn rate. Its proposed $1.5 million placement remains partly dependent on shareholder approval.

Evion Group has secured mining permits for its flagship Maniry graphite project in Madagascar and signed its first binding supply commitment, while its Nevada fluorspar exploration and Indian downstream operations also advanced. The company ended September with A$5.755 million in cash, but major development milestones still depend on funding, approvals and final agreements.

Exultant Mining has completed its maiden Balerion drilling program, with final assays confirming silver-zinc-lead-copper mineralisation and local gold enrichment. The explorer is now shifting its near-term attention to three targets across the 390km² Black Hammer project while holding A$2.729 million in cash.

OZZ Resources has completed its return to the ASX with a new critical minerals focus, but its $3.884 million cash balance is yet to translate into Bedaburra exploration spending. The company is now seeking to expand the Western Australian project while it rebuilds its exploration pipeline.

Premier Investments’ FY26 profit from continuing operations fell 10.3% as Smiggle sales weakened, while Peter Alexander delivered another record year. The retailer is entering FY27 with cleaner inventory, a stronger dividend and a costly UK retreat still to absorb.

Westgold Resources delivered record FY26 production, earnings and cash generation while expanding its gold reserves and laying out a path towards 500,000 ounces a year. The challenge now shifts from funding growth to executing a crowded pipeline of mine, mill and exploration projects without losing operational discipline.

Strata Minerals advanced technical and environmental work at its Zelica Gold Project during the September quarter, while a 42,000oz maiden resource announced after quarter end gave the project a clearer development base. The company ended the period with A$1.4 million in cash and no debt, but remains pre-production and dependent on approvals, further studies and its BML Ventures partnership.

C29 Metals ended September with $219,000 in cash and estimated funding for just 0.59 quarters, while its proposed $2.4 million placement remains subject to shareholder approval. The explorer reported no on-site exploration during the quarter, as it moved to cut costs and rationalise its portfolio.

Evergold Minerals has completed a busy exploration quarter at Mt Monger, where drilling confirmed broad and high-grade gold mineralisation and identified the new Vanguard zone. The progress comes with a lower cash balance of $2.765 million and an estimated 2.28 quarters of funding at the latest spending rate.

Sports Entertainment Group delivered sharp FY26 operating growth, with revenue up 39% and underlying EBITDA up 73% to A$18.2 million. The result arrives as SEG takes on MediaWorks New Zealand, suspends its final dividend and shifts from a largely Australian sports media business towards a larger trans-Tasman platform.

Janus Electric has secured A$11 million in Commonwealth Bank facilities to fund working capital, equipment and production expansion as it prepares to deliver its 118-truck North American order book. The first US conversions are scheduled for 2Q FY2, subject to applicable conditions.

Saluda Medical delivered 28% FY26 revenue growth and expanded its spinal cord stimulation opportunity with CAP24, but its annual report warns that additional capital may be needed within 12 months. The ASX-listed medical device company also begins FY27 under new CEO Michael Mathias.

Kinatico has started FY27 with SaaS revenue up 17.8% and cash 21.8% higher, while its expanded compliance platform moves into production with Civeo and new customers. The company is also pursuing an exclusive childcare partnership with OWNA, but the commercial terms remain undisclosed.

AML3D has carried $16.8 million of orders into FY27, with its US defence expansion driving a sales pipeline above $80 million. Customer receipts rose 19% in the September quarter, while the company retained $24.42 million in cash to fund capacity expansion.

Steadfast Group’s proposed takeover has cleared a key procedural hurdle, with the Supreme Court of New South Wales approving the shareholder meeting and distribution of the Scheme Booklet. An independent expert says the deal is in shareholders’ best interests in the absence of a superior proposal.

Kinetiko Energy has moved its Brakfontein project closer to production, adopting a Phase 1 development plan and advancing permitting and CNG engineering. The progress comes with only 1.54 quarters of funding available, leaving the company reliant on pending capital and project payments.

Reef Casino Trust’s independent directors have unanimously recommended Iris Capital’s $4.67-per-unit takeover offer, supported by an expert valuation that puts the bid above RCT’s assessed control value. Iris already held a 96.33% relevant interest as at 21 October, leaving the offer just below the stated compulsory acquisition threshold.

Bass Oil’s September-quarter production rose 21% to 23,944 barrels after Bunian 6 came online, while sales revenue reached A$2.82 million. Cash fell to A$2.07 million as drilling and development spending continued, leaving the company with an estimated two quarters of funding under its Appendix 5B calculation.

Challenger Gold has completed the first US$15 million tranche of its convertible debenture raise, giving the Hualilan development a near-term funding base. A further US$15.3 million is agreed in principle, but part of it remains subject to shareholder and potentially ASX approval.

European Metals has given in-principle approval to replace Cinovec’s two gas-fired rotary kilns with a single kiln that can run on gas or electricity. Testwork indicates comparable or improved lithium recovery at lower temperatures, with expected reductions in processing-plant capital and operating costs.

dorsaVi has commercially launched its first wearable capable of analysing movement and delivering feedback directly on-device, while its RRAM chip program moves into fabrication and testing. The progress comes alongside a post-quarter A$3.0 million capital raising, against quarter-end cash of $1.12 million and operating cash outflow of about $996,000.