Latest Asx News

Energy Technologies Limited reported a modest revenue increase and significant cash outflow improvement in its latest quarterly update, while preparing strategic moves to manage liquidity.

Melbana Energy has commenced continuous oil production from its Amistad-2 well in Cuba, building a significant crude inventory while preparing for further drilling. The company maintains a solid cash position as it markets its Australian offshore assets.

Moho Resources has completed the sale of its Empress Springs Project, securing over $700,000 in cash inflows, while unveiling a significant new gold anomaly at its Silver Swan North Project in Western Australia.

Gibb River Diamonds has secured a contract mining agreement for its Edjudina Gold Project, aiming to start open pit mining at the Neta Prospect by August 2025, subject to permit approvals. The deal minimizes financial risk while positioning the company to capitalise on gold production.

North Stawell Minerals has raised $518,123 from its recent entitlement offer, falling short of the $2.1 million target, with plans to place shortfall shares to fund key exploration projects.

Prescient Therapeutics has raised nearly $10 million through a placement and share purchase plan to advance its promising PTX-100 targeted cancer therapy into pivotal clinical stages.

NoviqTech launches Quantum Intelligence Pty Ltd, introducing hybrid quantum computing solutions with a $1.25 million placement to accelerate growth and product rollout.

C29 Metals has announced its strategic exit from Kazakhstan to concentrate on advancing its Australian copper and gold projects, notably the Mayfield site, with $1.05 million cash in hand.

Astute Metals NL has successfully raised $5.5 million through an oversubscribed placement to advance its Nevada lithium and gold projects, including a maiden resource estimate and new drilling campaigns.

AGUIA RESOURCES reported a $1.2 million net increase in cash for Q2 2025, underpinned by financing activities, as it prepares to launch underground operations at its Santa Barbara Mine.

Felix Group Holdings Ltd reported a strong FY25 with record contract expansions and new customer acquisitions, boosting enterprise ARR by 20% and achieving positive operating cash flow for the first time. The company is now focused on monetising its growing Vendor Marketplace and expanding internationally.

Lord Resources announces the resignation of CEO Andrew Taylor as exploration at the Ilgarari Copper Project advances under Georgina Clark’s management.