Latest Asx Transactions News

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

Caprice Resources has completed the sale of a 75% stake in its West Arunta Project to Maverick Minerals for A$2.7 million cash, while preserving a free-carried interest and minority stakes. The deal bolsters Caprice’s cash position, enabling intensified focus on its Murchison gold assets and a maiden resource estimate this year.

Emmerson Resources shareholders have overwhelmingly approved Pan African Resources’ takeover scheme, clearing a key hurdle ahead of court approval and scheme implementation slated for July.

Powerhouse Ventures holds $6.14 million in liquid assets and advances new technology fund launch despite challenging market conditions.

Powerhouse Ventures Limited reports a robust quarter with an 18% increase in net tangible assets and a standout 35.1% return from its Aliwa Alpha Fund, while preparing to launch a new Critical Infrastructure Opportunities Fund focused on AI and Quantum technologies.

Powerhouse Ventures Limited has issued its first-ever cash profit guidance for FY25, signalling a pivotal shift towards self-sustaining operations backed by strong corporate advisory and treasury performances.