♟️ Friday 25 July 2025 Fri, 25 July 2025

Ainsworth Game Technology shareholders will vote on a scheme of arrangement for acquisition by Novomatic AG, offering $1.00 cash per share including a potential fully franked dividend. The deal, valued at a 35% premium, awaits court approval in September.

Greenvale Energy has completed the acquisition of the Oasis Uranium Project and is preparing for its maiden drilling program, while airborne surveys reveal promising uranium targets across its Northern Territory portfolio.

Summit Minerals appoints Dr Matthew Cobb as Managing Director and reports encouraging early metallurgical results from its Equador Niobium Project, underpinning a strategic refocus on its Brazilian exploration portfolio.

Oceana Lithium Limited advanced its lithium, uranium, and base metals exploration across Australia and Brazil in the June 2025 quarter, supported by a $667,000 capital raise and key board appointments.

Bod Science Limited reports a dramatic reduction in half-year losses alongside revenue growth driven by a strategic shift to THC products. The company remains under a Deed of Company Arrangement with key corporate actions pending shareholder approval.

Raptis Group Limited completed a nearly $2 million capital raise and announced plans to acquire a related party management business, alongside significant board changes and steady cash flow from its property management operations.

Korvest Ltd reported a strong FY25 with revenues up 16.2% and net profit after tax rising 19.1%, supported by major infrastructure projects and operational resilience. The company declared a fully franked final dividend plus a special dividend, while advancing plans to expand its Kilburn manufacturing site.

Mount Burgess Mining NL has secured agreements to extinguish nearly $4.7 million in legacy debt, converting a small portion into equity and options, positioning the company for renewed growth.

Surefire Resources NL has responded to ASX inquiries concerning multiple breaches of its Securities Trading Policy by Executive Chairman Vladimir Nikolaenko, committing to enhanced compliance measures and policy revisions.

Aldoro Resources has confirmed a major expansion of its Kameelburg polymetallic deposit in Namibia, doubling the mineralisation footprint and enhancing drilling capabilities to deepen resource definition.

Openn Negotiation Ltd has successfully exited voluntary administration following creditor approval of a recapitalisation plan, supported by an interest-free loan from its major shareholder. Despite no substantive business activity this quarter, the company now has over two quarters of funding runway.

Lunnon Metals reports a first-ever gold Mineral Resource at Lady Herial alongside strong financial outcomes from its Scoping Study, while advancing negotiations with Gold Fields Ltd for ore processing.

Tennant Minerals announces CEO Vincent Algar's resignation effective July 31, with Algar transitioning to a consulting role as the company advances key copper-gold projects.

Rewardle Holdings Limited remains suspended from ASX trading due to prolonged delays in lodging financial reports, with the exchange warning of imminent delisting unless compliance is demonstrated by mid-September.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.

St George Mining has raised A$5 million through a premium-priced placement to upscale its diamond drilling program at the Araxá Project, aiming to expand its globally significant rare earths and niobium resource.

Astute Metals reports a major lithium discovery at its Red Mountain project in Nevada, intersecting over 170 metres of mineralisation and setting the stage for a maiden resource estimate by year-end.

Leo Lithium has received the final US$177.6 million payment from Ganfeng for its Goulamina stake and is advancing multiple lithium hard rock acquisitions, aiming to relist on the ASX.

Peako Limited halted field exploration in the June quarter due to seasonal and logistical challenges, surrendered two tenements, and announced the resignation of its CEO, while maintaining a solid cash position.

Sierra Nevada Gold (ASX – SNX) has completed the purchase of the New Pass Gold Mine claims in Nevada, gaining 100% ownership and reporting promising gold grades in historic tailings. The company advances plans for bulk sampling and underground mining, while exploration at its Warrior project reveals new targets.

Rapid Critical Metals has completed its acquisition of Silver Metal Group’s subsidiaries, marking a strategic expansion into silver, while appointing Byron Miles as its new Managing Director to steer the company’s next growth phase.

BlinkLab is advancing its FDA 510(k) clinical trials for autism and ADHD diagnostics, completing its U.S. autism pilot phase and expanding European ADHD recruitment. A recent $7.66 million capital raise supports these efforts as the company targets regulatory approvals in 2026.

Dimerix has secured a significant licensing agreement with Amicus Therapeutics for its kidney disease drug candidate DMX-200 in the US, receiving a US$30 million upfront payment and advancing its Phase 3 trial with FDA endorsement of a key clinical endpoint.