♟️ Tuesday 29 July 2025 Tue, 29 July 2025

Trinex Minerals has completed a significant capital raise and board restructure during the June 2025 quarter, positioning itself for renewed focus on lithium exploration in Australia and Canada.

My Foodie Box Ltd reported a $1.39 million profit for FY24 following the sale of its meal kit business to MFB (WA) Pty Ltd, receiving a 40% stake and vendor financing arrangements. The company now seeks new assets to restore shareholder value amid ongoing financial uncertainties.

AuKing Mining Limited has strengthened its financial position with a $5 million loan facility and progressed its strategic Cloncurry Gold Project acquisition, while its Koongie Park JV reports promising scoping study results.

Godolphin Resources has reported significant exploration advances at its Lewis Ponds project, revealing new high-grade gold and copper prospects and entering a joint venture to accelerate regional development.

Bellavista Resources is progressing bioleaching trials at its Brumby Project while conducting due diligence on over 50 potential gold, silver, and copper projects worldwide. The company maintains a solid cash position of $4.15 million as it seeks to expand its portfolio.

PolyNovo Limited reports a robust FY25 with nearly 29% sales growth, a significant cash increase to A$33.5 million, and expanding global market presence. The company’s strategic investments and product innovations signal strong momentum ahead.

Patrys Limited has completed a modest capital raise and restructured its leadership as it advances its deoxymab antibody program, with a larger entitlement offer announced to fund clinical development and business growth.

Linius Technologies reports a 17.7% rise in quarterly billings, secures a paid proof of concept with a major European football league, and strengthens its board with two new appointments while raising $2.35 million to fuel its SaaS video platform commercialization.

Gateway Mining Ltd has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, significantly expanding its gold resource base and exploration potential in Western Australia.

Energy Transition Minerals Ltd made significant strides in its Greenland arbitration and secured preferred bidder status for a strategic Spanish critical minerals project, maintaining a robust cash position.

Killi Resources continues to build momentum at its Mt Rawdon West and West Tanami projects, progressing exploration and preparing for drilling while maintaining a solid cash position.

Andromeda Metals has advanced funding and technical milestones for its Great White Project, securing a $75 million debt facility and validating its kaolin product for industrial ceramic applications.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Merino & Co reported a robust quarter highlighted by the successful launch of its Merino possum range, strategic international hires, and a solid cash position of $3.02 million, positioning the company for sustained expansion.

Riedel Resources Limited has progressed its Kingman Project in Arizona, securing $1.4 million in fresh capital to fund drilling and development activities at the high-grade Tintic deposit. The company also strengthened its board with the appointment of an experienced independent director.

Noronex Limited reports promising new copper mineralisation from diamond drilling at its Fiesta Project and extends its strategic alliance with South32 into Botswana, alongside appointing a new CEO to spearhead growth.

Environmental Clean Technologies has announced that CEO John Tranfield will resign effective 29 October 2025, with a transition period planned to support ongoing strategic initiatives.

Biotron Limited has successfully raised $1.27 million through an entitlement issue to fund its antiviral drug development, including a promising Hepatitis B compound that cleared its initial animal safety study.

Haranga Resources is poised to complete its acquisition of the Lincoln Gold Project in California, bolstered by strong due diligence results, while advancing uranium and gold exploration projects in Senegal with permit renewals and maiden drilling.

ENRG Elements Limited has appointed new management and implemented significant cost reductions while renewing key uranium exploration permits in Niger. The company is also exiting lithium projects in Canada to focus on core assets and new opportunities.

Yandal Resources reports promising drilling results from its Caladan and New England Granite targets, highlighting potential for significant gold discoveries in Western Australia’s Yandal Greenstone Belt.

Hot Chili Limited confirms a significant copper-gold mineralisation footprint at its La Verde discovery in Chile, completing phase-one drilling and advancing strategic funding discussions for its key projects.

Mount Burgess Mining advances metallurgical test work at its Nxuu deposit, navigates leadership changes, and pursues a significant legacy debt extinguishment as it refines its strategic focus.

Chimeric Therapeutics has advanced its CHM CDH17 CAR-T program with dose escalation and FDA Fast Track status, alongside promising early results in AML trials and a successful $6.6 million capital raise.