Latest Asx News

Silk Logistics Holdings has secured court approval for its acquisition by DP World Australia, with shares set to be suspended on the ASX and a cash payout scheduled for shareholders.

The Supreme Court of New South Wales has approved DP World Australia’s acquisition of Silk Logistics, paving the way for a $2.14 per share cash payout to Silk shareholders and imminent suspension of Silk shares on the ASX.

AVJennings Limited has completed payment of a fully franked special dividend, reducing the Scheme Consideration per share ahead of the upcoming Scheme implementation.

Lowell Resources Fund (ASX – LRT) has announced a 12-month on-market unit buy-back of up to 10% of its units, aiming to boost unitholder returns and capital efficiency without compromising future growth.

Rhythm Biosciences has responded to an ASX price query following a sudden surge in its share price and trading volume, confirming no undisclosed information is driving the activity.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.

Far Northern Resources has updated its Inferred Mineral Resource Estimate for the Ios Gold Project, reporting 24,100 ounces of gold at 1.49 g/t grade. This strengthens its foothold in the Northern Territory’s Pine Creek Goldfields and sets the stage for further resource growth.

Manhattan Corporation has successfully raised $2.2 million to fund exploration activities at its Hook Lake Project, initiating fieldwork and commissioning an airborne magnetics survey to unlock new gold and polymetallic targets.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.

Peet Limited has announced an extension of its on-market share buy-back program, with a remaining 2.68 million shares to be acquired over the next year. The buy-back will be managed by UBS Securities Australia Limited and is set to run from September 2025 to September 2026.

Resolution Minerals has received a non-binding $225 million offer from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project in Idaho, signaling potential major shifts for the company’s US operations.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.