Latest Asx News

The Reject Shop Limited has entered a recommended scheme of arrangement with Dollarama Inc., offering shareholders $6.68 cash per share, a substantial premium over recent trading prices. The Independent Expert deems the deal fair and reasonable, with a shareholder meeting set for June 23.

Mantle Minerals has secured a $65,000 co-funded drilling grant from the WA Government to advance its Mt Berghaus gold exploration in the Mallina Basin.

Patagonia Lithium has reported outstanding Nuclear Magnetic Resonance survey results from its Formentera Lithium Brine Project, revealing high porosity and lithium concentrations that reinforce the site’s production potential.

Resource Mining Corporation Limited (RMI) has responded to a sharp surge in its share price and trading volume, denying any undisclosed material information while pointing to ongoing copper-gold exploration activities at its Mpanda Project in Tanzania.

Kaiser Reef Ltd has completed its acquisition of the Henty Gold Mine, instantly boosting its annual gold production to over 30,000 ounces and setting a clear path to 50,000 ounces. The deal also brings significant infrastructure, a skilled workforce, and strategic partnerships that could reshape the company’s growth trajectory.

Australian Bond Exchange Holdings has completed a $683,180 private placement, issuing over 17 million shares to strengthen its financial position and support expansion and cost-cutting initiatives.

Legacy Minerals Holdings has raised A$7.75 million through a strongly supported equity placement to accelerate drilling and exploration at its key Drake and Thomson projects in New South Wales.

Great Divide Mining is poised to restart operations at its Challenger Gold Mine in Adelong, NSW, marking a pivotal shift from exploration to production with first gold expected imminently.

Mantle Minerals has won a co-funded drilling grant from the WA Government and completed its Mt Berghaus tenement package, setting the stage for targeted exploration in the Pilbara.

Empire Energy Group has launched a $28 million equity raise to fund critical development activities at its Beetaloo Basin shale gas project, aiming for first gas sales in 2025. The capital will support fracture stimulation, flow testing, and installation of the Carpentaria Gas Plant.

Empire Energy has successfully raised $28 million through a placement and launched a $3 million Share Purchase Plan to fund critical development of its Carpentaria-5H well in the Beetaloo Sub-basin.

Recce Pharmaceuticals has successfully raised A$8.4 million through an entitlement offer and placement to fund pivotal Phase 3 clinical trials, advancing its synthetic anti-infective pipeline towards commercialisation in 2026.