♟️ Monday 5 May 2025 Mon, 5 May 2025

Kip McGrath Education Centres announces the departure of long-serving CEO Storm McGrath, with Chair Damian Banks stepping in as Executive Chair during the leadership transition.

Epsilon Healthcare reports ongoing operational challenges post-voluntary administration while unveiling a new pharmacy subsidiary aimed at diversifying revenue streams and rebuilding market confidence.

Finexia Financial Group announces the resignation of Interim CEO Marc Duncan as the Board intensifies its review of credit operations and pursues ASX securities reinstatement.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Bio-Gene Technology Limited is progressing its development of two novel insecticidal compounds, Qcide and Flavocide, targeting major global markets with strong commercial validation and significant US Department of Defense funding.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

Hazer Group has entered a binding six-year strategic alliance with global engineering leader KBR to exclusively market and license its methane pyrolysis technology, targeting the ammonia and methanol sectors. This partnership aims to accelerate commercialisation, expand global reach, and materially de-risk Hazer’s business plan.

ABx Group has discovered a new rare earth element province 52 km east of its Deep Leads resource in northern Tasmania, revealing exceptionally high grades of terbium and dysprosium critical for advanced technologies. This discovery aligns with shifting global supply dynamics amid US incentives and Chinese export restrictions.

Unico Silver Limited has reported exceptional high-grade silver intercepts from its Phase 2 drilling at Cerro Leon, confirming multiple new discoveries and launching an expanded Phase 3 program to upgrade resources and explore deeper polymetallic zones.

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Endeavour Group reports a challenging Q3 with Retail sales down 3.1% and Hotels up 5.1%, while announcing Jayne Hrdlicka as incoming CEO and maintaining capital and finance guidance.

Gold Road Resources has entered a definitive agreement for acquisition by Gold Fields Limited, offering shareholders a compelling 43% premium and a special dividend. The scheme awaits shareholder and court approval, targeting completion by October 2025.

Rox Resources has raised A$40 million through a strongly supported institutional placement to accelerate early development works at its high-grade Youanmi Gold Project, significantly de-risking the pathway to production.

Gale Pacific has sharply downgraded its full-year EBITDA guidance due to tariff-driven demand softness in the US, while its Australia, New Zealand, and developing markets hold steady.

Quickstep Holdings Limited has completed its acquisition by ASDAM Operations Pty Ltd through a scheme of arrangement, resulting in a full board resignation and immediate delisting from the ASX. Shareholders received $0.575 per share as part of the transaction.

Turaco Gold has announced a significant 40% increase in its Afema Project gold resource in Côte d’Ivoire, now totaling 3.55 million ounces at an improved grade of 1.2g/t. The company is advancing towards a pre-feasibility study and environmental assessments, underpinning the project’s growing stature in West Africa.

Barton Gold Holdings has released an Optimised Scoping Study for its Tunkillia Gold Project, revealing significant improvements in project economics, including a sub-one-year payback and reduced capital expenditure. The study paves the way for accelerated feasibility work and funding efforts.

PlaySide Studios announces the resignation of co-founder and Creative Director Gerry Sakkas, who will also leave the board. The company will not replace his role following a recent restructure, while Sakkas commits to a significant share escrow.

Advance Metals reports robust assay results from its maiden drilling at Myrtleford, confirming high-grade gold mineralisation and revealing multiple new regional targets. The company is poised to expand exploration following a successful capital raise.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource, enhancing geological confidence and contained metals, setting a robust stage for production targeted in 2027.

Immutep’s combination of eftilagimod alfa (efti) and KEYTRUDA® delivers a striking 17.6-month median overall survival in head and neck cancer patients with low PD-L1 expression, a group with limited treatment options.

Westpac Banking Corporation reported a modest 1% decline in net profit to AUD 3.317 billion for the six months ended March 2025, maintaining its interim dividend and advancing key digital and sustainability initiatives.