♟️ Friday 4 July 2025 Fri, 4 July 2025

Ardea Resources announces a key milestone as a Japanese consortium earns a 17.5% interest in the Kalgoorlie Nickel Project following half of the DFS budget spent. This marks a significant step towards developing a major nickel-cobalt operation with strong ESG credentials.

Site Group International faces a $10 million Federal Court penalty for unconscionable conduct, while its subsidiary Site Institute Pty Ltd moves forward under a Deed of Company Arrangement.

MaxoTel, already Vonex’s largest shareholder, has agreed to acquire the remaining shares of Vonex at a significant premium, setting the stage for full ownership pending shareholder and court approvals.

Butn Limited announces the planned retirement of Co-CEO Walter Rapoport, transitioning him to a Non-Executive Director role by September 2025, marking a significant leadership shift for the fintech.

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Provaris Energy has raised $1.08 million through a share placement to accelerate its hydrogen and carbon dioxide storage and transport infrastructure development in Europe, including a prototype hydrogen tank program in Norway.

Po Valley Energy appoints its largest shareholder Kevin Bailey AM as Executive Chair and CEO, aiming to accelerate natural gas production growth in Italy amid strong financial footing.

Creditors of Mosaic Brands Limited and its associated companies have resolved to place the group into liquidation, marking a significant development in the retailer’s ongoing financial distress.

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Aumake Limited unveils a major FY26 restructuring, splitting operations into two focused units and targeting acquisitions in health supplements to boost profitability and market reach.

Nimy Resources reports outstanding high-grade gallium assay results from Phase 2 drilling at its Block 3 Gallium Project in Western Australia, reinforcing its potential as a world-class resource ahead of a maiden JORC estimate.

Lanthanein Resources Ltd is raising $2.1 million through a fully underwritten entitlement offer, proposing a 30, 1 share consolidation and a rebrand to Fortuna Metals Ltd. The capital raise aims to fund exploration and working capital, but will dilute existing shareholders by approximately 50% if they do not participate.

Infini Resources’ Phase 1 drilling at Portland Creek confirms promising uranium pathfinders and hydrothermal alteration, setting the stage for a targeted Phase 2 program in Q3 2025.

Marimaca Copper has reported exceptional high-grade copper intersections at its Pampa Medina deposit, significantly expanding the known mineralized area and hinting at a major new sediment-hosted copper system in Chile.