Latest Asx News

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.

Way2VAT has secured a significant three-year contract with global real estate giant JLL, deploying its AI-driven VAT recovery and compliance platform across 25 entities worldwide. This deal positions Way2VAT as a key player in automated VAT solutions for multinational corporations.

Aguia Resources has announced a $3 million Share Purchase Plan offering shares at a 9% discount, aiming to fund exploration and development at its key projects.

Canyon Resources has locked in a US$140 million syndicated credit facility alongside a AU$24.5 million option exercise by a major shareholder, positioning the company to fast-track operations at its Minim Martap Bauxite Project in Cameroon.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Elders Limited has reported a robust 67% increase in underlying EBIT for the half-year ending March 2025, driven by livestock market recovery and real estate growth, alongside five new acquisitions and ongoing transformation initiatives.

Lanthanein Resources has withdrawn from its farm-in agreement on the Lady Grey Lithium Project, signaling a strategic pivot. The company is now focusing on other growth opportunities to boost shareholder value.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.

Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.

Elders Limited reported a robust half-year performance for the period ending 31 March 2025, with profit after tax surging 190% to $33.6 million and revenue rising 5% to $1.41 billion. The company’s growth was driven by strong livestock prices, real estate acquisitions, and disciplined cost management.

Focus Minerals has agreed to sell its Laverton Gold Project to Genesis Minerals for A$250 million in cash, aiming to boost shareholder value and fund ongoing operations.

The Calmer Co. International Limited has significantly expanded the distribution of its flagship kava products in Coles supermarkets, reflecting growing consumer appetite for natural relaxation alternatives to alcohol.