Latest Asx Market News News

FirstAu Limited is gearing up to drill at its First Hit gold deposit, aiming to define a maiden Mineral Resource Estimate based on historic high-grade production and extensive data.

Regis Resources has declined to counter Genesis Minerals' superior takeover proposal for Vault Minerals, triggering an expected termination of the merger agreement and a $50.7 million break fee payment to Regis.

Genesis Minerals has disrupted the proposed Vault-Regis merger with a superior $5.6 billion takeover bid, offering Vault shareholders a mix of cash and shares. Regis Resources meanwhile reported strong FY26 production hitting the top end of guidance, underpinning its robust cash position.

Forrestania Resources is set to acquire Ramelius Resources’ Edna May Gold Hub for A$300 million, aiming to restart the 2.9Mtpa Edna May mill by mid-2027 and expand its processing capacity.

Pro Medicus Limited has announced an on-market buy-back program targeting up to 10% of its ordinary shares, aiming to return capital to shareholders without requiring approval.

Tourism Holdings Limited has agreed to sell its UK & Ireland operations to Indie Campers for NZ$8 million, aiming to streamline its portfolio and reduce debt. The deal is expected to deliver a one-off gain but will impact earnings in the short term.

Vection Technologies has secured a $2.2 million defence contract for its new FEDRA edge data appliance, marking a significant step in its AI-powered military technology portfolio under a $22.3 million framework agreement.

A shareholder dispute over Humm Group's handling of competing acquisition bids has escalated to the Takeovers Panel, spotlighting governance and transparency concerns ahead of a pivotal shareholder meeting.

Credit Corp Group has submitted a non-binding indicative proposal to acquire Humm Group, marking a potential consolidation in the consumer finance sector. The proposal remains conditional as due diligence information is yet to be provided.

Electro Optic Systems has resolved ASIC's investigation into its 2022 revenue guidance breaches by agreeing to a $4 million penalty, paving the way for renewed focus on growth and governance.

The Foreign Investment Review Board has formally objected to Cosette Pharmaceuticals’ proposed acquisition of Mayne Pharma, casting serious doubt on the deal’s future and prompting Mayne to explore alternative paths.

SHAPE Australia has agreed to acquire Arden Group, expanding its footprint in retail fitout and facilities maintenance with an earnings accretive deal.