Latest Asx News

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.

Universal Biosensors reports a $1.59 million improvement in operating cash outflows for Q2 2025, maintaining $2.55 million in cash as it advances commercialization across blood, wine, and water testing markets.

Yumbah Aquaculture has completed its acquisition of Clean Seas Seafood, with shareholders receiving cash or Yumbah shares as consideration. Clean Seas shares will be delisted from the ASX and OSE by 25 July 2025.

Gold Hydrogen Limited has locked in a $14.5 million strategic investment from major Japanese corporations to fund expanded drilling and appraisal at its Ramsay Project in South Australia. This capital injection aims to advance the company’s pioneering work in Natural Hydrogen and Helium exploration.

DroneShield Limited has secured a $5 million contract under Australia’s Project LAND156 to supply portable counter-drone systems to the Australian Defence Force, positioning itself as a key player in the nation’s evolving defence technology landscape.

Corella Resources has successfully raised over $1 million through a Rights Issue and Placement, positioning itself to advance exploration and development at its Tampu Project and other tenements.

DeSoto Resources has accelerated its exploration efforts with promising gold assay results in Guinea and initial rare earth drilling in Australia’s Northern Territory, supported by a strong cash position.

Catalina Resources has reported significant exploration progress with multiple high-grade gold and rare earth intercepts at its Central Yilgarn and Laverton Projects, alongside strategic leadership changes and a successful capital raise.

Collins Foods Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.15 per share and revealing the Dividend Reinvestment Plan price at AUD 8.92 per share.

Income Asset Management Group Limited delivered its strongest quarter ever in Q4 FY2025, reporting record revenue and robust growth in funds under advice alongside positive operating cash flow.

Zelira Therapeutics has locked in a $650,000 loan facility secured against its anticipated FY25 R&D tax rebate, aiming to accelerate its HOPE SPV clinical trial and strengthen working capital.

European Lithium has sold 0.5 million shares of Critical Metals Corp to a US institutional investor for approximately US$1.8 million, underscoring the significant value of its remaining stake.