Latest Asx Quotation News

New World Resources Limited has had its trading suspension lifted immediately following a key announcement, reopening market access for investors.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

InVert Graphite Limited has been reinstated to ASX quotation following its compliance with key listing rules, ending its trading suspension.

Genetic Technologies Limited has signed binding term sheets to acquire Ellerfield Wealth and Walker Capital, marking a strategic shift into wealth management backed by a $7.8 million valuation and pending ASX approvals.

Asra Minerals Limited has launched a substantial options offer linked to a recent $3 million placement, aiming to enhance liquidity and satisfy obligations under the placement. The company plans to list these options on the ASX by the end of June 2025.

Mount Hope Mining Limited has announced a non-renounceable pro-rata Loyalty Option Offer to raise approximately $103,125, aiming to bolster exploration funding and reward shareholder loyalty.

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

Rare Foods Australia Limited has requested an immediate suspension of its shares on the ASX, paving the way for its voluntary removal from the exchange next month. This move follows shareholder approval earlier this year.

Aston Minerals and Torque Metals have secured court approval for their merger schemes, setting the stage for a significant consolidation in the mining sector. Trading of Aston Minerals shares will be suspended from May 29 as the merger moves toward implementation.

Inoviq Ltd’s shares have been suspended from trading on the ASX following a price query response, with the suspension to remain until the company meets listing rule requirements.

Macarthur Minerals has announced a fully underwritten pro-rata rights issue to raise nearly A$2 million, aiming to fund corporate operations and advance strategic options for its Lake Giles Iron Project.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.