Latest Asx News

Arika Resources has responded to an ASX price query, confirming no undisclosed information behind recent share price movements and highlighting its active drilling program and recent $5 million capital raise.

Resolution Minerals has addressed ASX concerns over recent share price and volume spikes, attributing the activity to ongoing developments in its US Horse Heaven project acquisition.

WAM Income Maximiser (ASX – WMX) has declared its first monthly fully franked dividend, marking a significant milestone shortly after its April 2025 IPO. The company aims to steadily grow dividends while targeting a yield above the RBA cash rate.

Yowie Group has arranged a $1 million short-term funding facility from parent Keybridge Capital to manage cash flow while investigating former directors' use of funds and intra-group loans.

Australian Pacific Coal faces creditor pressure as Vitol Asia reserves rights on a parent guarantee, while the company insists it remains solvent amid uncertainty.

Yugo Metals Limited has launched a $100,000 capital raising through a new options offer, aiming to bolster working capital while navigating significant geopolitical and operational challenges in Bosnia and Herzegovina.

Ironbark Capital Limited has announced an on-market buy-back of up to 10.46 million ordinary shares, commencing July 21, 2025, and running through to July 2026. This move signals a strategic capital management initiative without requiring shareholder approval.

Pentanet Limited has secured a $2 million finance facility to fund the final payment for its 5G spectrum licence, reinforcing its growth strategy in telecommunications and cloud gaming.

Rimfire Pacific Mining accepts an arbitration ruling that reinstates key project agreements and prepares for a capital raising amid continued voluntary suspension.

Strickland Metals plans a capital return by distributing 1.2 billion Gateway Convertible Preference Shares to its shareholders, significantly reducing its stake and reshaping ownership. The move awaits shareholder approval and hinges on conditions tied to an asset sale agreement.

Orbminco Limited has executed a binding agreement to acquire the Majestic North Gold Project in Western Australia and commenced maiden drilling, marking a significant step in its growth strategy.

Connected Minerals reports promising uranium grades from its maiden drilling at Namibia’s Etango North-East project, aligning closely with nearby world-class deposits, while advancing rare earth exploration in Western Australia.