Latest Asx News

Sandon Capital Investments has reported a robust 17.7% portfolio return for the half-year ending December 2024, driving net profits up to $16.78 million and announcing an increased fully franked dividend yield of 6.8%.

Sandon Capital Investments Limited reported a robust half-year performance with double-digit growth in revenue and profit, alongside a strategic shift to quarterly dividend payments starting March 2025.

ADX Energy has strategically optimised its Upper Austria licences, significantly expanding its shallow gas prospects and securing high-impact oil and gas targets, positioning itself for rapid production growth amid rising European gas prices.

LCL Resources has cleared major hurdles in its sale of Colombian gold assets to Tiger Gold Corp, with shareholder approval the final step before a $1 million payment is triggered.

Eagle Mountain Mining has closed its renounceable entitlement offer, raising $1.62 million to advance copper and base metals exploration at its Silver Mountain and Wedgetail projects in Arizona.

Astute Metals NL has announced a significant JORC-compliant Exploration Target for its Red Mountain Lithium Project in Nevada, highlighting substantial lithium potential and outlining aggressive drilling plans for 2025.

Vanadium Resources Limited (ASX: VR8) has been reinstated to trading following a suspension linked to new funding arrangements, signaling renewed operational momentum.

Vanadium Resources Limited has raised A$783,000 through a convertible note issue to fund working capital and progress strategic equity partnerships for its Steelpoortdrift Vanadium Project.

Adelong Gold Limited has secured an additional $400,000 through a placement, increasing total funds raised to $1.573 million. This capital injection aims to fast-track exploration and development at its flagship gold project and lithium assets in Brazil.

Lithium Universe Limited has forged a strategic partnership with Polytechnique Montréal to boost lithium processing expertise and education in Canada, aiming to strengthen the local battery materials supply chain and promote sustainable innovation.

RareX has finalized a critical access agreement with Deep Yellow and secured two additional licenses, enabling a fully optimised drilling program targeting carbonatite intrusions at the Khaleesi Project.

Caprice Resources responds to ASX price query by releasing validated exploration results from its Island Gold Project, following a trading halt triggered by unusual market activity.