Latest Asx News

Alara Resources Limited has addressed an ASX query regarding the late filing of a director's interest notice, attributing the delay to complexities in share ownership disclosure. The company confirms existing compliance arrangements remain robust.

The Star Entertainment Group has terminated its binding Heads of Agreement with joint venture partners over Brisbane and Gold Coast developments, retaining its assets but incurring significant repayment and reimbursement obligations.

SRJ Technologies Group plc has announced a fully underwritten 8-for-9 entitlement offer to raise A$2.53 million, aiming to accelerate its strategic expansion in the Middle East through a UAE acquisition and a significant joint venture contract.

SRJ Technologies has inked a US$6 million joint venture in the Middle East and launched a fully underwritten A$2.5 million entitlement offer to accelerate its regional expansion.

Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.

BirdDog Technology Limited offers shareholders a voluntary off-market buy-back at 7 cents per share, a significant premium to recent trading prices, as it prepares for delisting from the ASX.

Kincora Copper Limited has updated the timetable for its planned 10-for-1 security consolidation, affecting shares and multiple option classes with adjusted key dates and exercise prices.

Silk Logistics Holdings shareholders overwhelmingly approved the $174.5 million acquisition by DP World Australia, endorsing a 45.6% premium cash offer. The deal now awaits final court approval to complete by mid-August.

Forrestania Resources Limited has had its trading suspension lifted following the announcement of a proposed acquisition, signaling a pivotal moment for the mining explorer.

Forrestania Resources has signed a binding agreement to acquire IMD Gold, owner of the British Hill gold project in Western Australia, adding a near-surface JORC-compliant resource of approximately 56,000 ounces. The acquisition enhances Forrestania’s regional footprint and development pipeline amid promising metallurgical results.

The ASX has suspended the securities of Antilles Gold, Heramed, and Syntara due to missed periodic report deadlines, signaling compliance concerns ahead of potential reinstatement.

Syrah Resources has successfully completed a A$42 million institutional placement and entitlement offer, with a fully underwritten retail offer set to raise a further A$28 million, bolstering its capital for key operations.