Latest Asx News

Elph Investments has secured a 92.68% stake in Engenco, making its 31-cent takeover offer unconditional and prompting the board to urge shareholders to accept before the June 27 deadline.

Riedel Resources launches a $1.3 million capital raise through a two-tranche placement and a Share Purchase Plan to advance its high-grade Kingman Gold Project in Arizona.

Zoono Group Limited is raising nearly $1.8 million through a non-renounceable rights issue to fund its supermarket shelf-life extension project in Asia and reduce related party debt.

AIC Mines has locked in a US$40 million prepayment facility tied to a copper offtake agreement with Trafigura, aiming to boost processing capacity at its Eloise mine.

Galan Lithium has locked in a A$20 million equity placement from strategic partner Clean Elements, providing crucial funding to complete Phase 1 construction of its Hombre Muerto West lithium project in Argentina, targeting first production in early 2026.

Odyssey Gold Commitments Limited has secured $4 million through a share placement to accelerate drilling and development at its Tuckanarra Gold Project, aiming to unlock near-term production potential.

New World Resources Limited has had its trading suspension lifted immediately following a key announcement, reopening market access for investors.

New World Resources has agreed to an enhanced acquisition proposal from Central Asia Metals, including increased cash consideration and a strategic A$10 million placement to accelerate project development.

Ryder Capital Limited has announced an on-market buy-back program targeting up to 10% of its ordinary shares, signaling a strategic move in capital management.

PolarX Limited has obtained a US$2 million unsecured loan from its largest shareholder Northern Star Resources to accelerate exploration at its Alaska Range Copper-Gold Project. The funding will support an extensive 2025 drilling and geophysics program targeting resource expansion at the Caribou Dome site.

Pure Hydrogen Corporation has officially handed over the Taurus Hydrogen Fuel Cell Prime Mover to Barwon Water, marking a milestone in Australia’s hydrogen transport adoption and supporting Barwon Water’s net zero emissions goal by 2030.

Osmond Resources has reported strong assay results from Zone 2 of its Orion EU Critical Minerals Project in Southern Spain, revealing high-grade rutile and zircon mineralisation. The company is now prioritising a maiden drilling program to validate these findings and advance project development.