♟️ Thursday 18 June 2026 Thu, 18 June 2026

Pengana Private Equity Trust (ASX:PE1) estimates its net asset value could jump by about AU$79 million after SpaceX's Nasdaq debut, lifting NAV per unit by roughly AU$0.29 based on mid-June pricing.

NoviqTech Limited has clarified that its planned divestment of Non-Coralia assets was not foreseen during its Coralia acquisition and reflects a strategic pivot to biochar carbon removal, with leadership changes aligned to this refocus.

Australian Agricultural Company (ASX:AAC) defied North Queensland floods to deliver a 23% jump in operating profit, driven by strong beef pricing and herd valuation gains.

Acrow Limited (ASX:ACF) is set to expand its Industrial Access and Construction Services footprint with a $54.5 million acquisition of Ausgroup and Preston SuperDeck, funded by a fully underwritten $70 million equity raise and a $10 million share purchase plan. The company also upgraded its FY27 revenue and EBITDA guidance by 21% and 15% respectively.

Melbana Energy halts direct involvement in its Cuban Block 9 project following US sanctions on CUPET, its contractual counterparty, while it seeks legal clarity on the complex regulatory landscape.

Antilles Gold’s Cuban joint venture Minera La Victoria has been designated a US Specially Designated National, forcing suspension of management and mine construction activities while the company seeks a resolution.

Power Minerals has landed a A$1.7 million investment from a prominent international resources fund, reinforcing its financial firepower to push ahead with diamond drilling and metallurgy work at the Morro do Ferro Rare Earths Project in Brazil.

Challenger Limited is merging its Fidante funds management business with Channel Capital, creating Channel Group with $150 billion in assets. Challenger will hold a 45% stake and expects a $100 million pre-tax gain in FY27.

Aruma Resources has reported standout wide, high-grade copper and silver drill results from its Phase 1 program at the Tillex Project in Ontario, reinforcing its potential as a major copper development asset.

Askari Metals has expanded its Uis Project pipeline in Namibia by uncovering seven high-priority pegmatite targets through advanced hyperspectral analysis, setting the stage for upcoming reverse circulation drilling and trenching programs.

Pure Resources has demonstrated that its Carbon Nanotube Fibre matches copper’s thermal conductivity while weighing up to 5.5 times less, positioning it as a breakthrough for weight-sensitive thermal management in AI and defence sectors.