Latest Asx News

Middle Island Resources announces the immediate resignation of CEO Roland Bartsch, with the company opting to pay out his full notice period and his unlisted options lapsing as per contract terms.

Megaport Limited has launched a Share Purchase Plan (SPP) targeting up to A$20 million, following a successful A$200 million institutional placement. Eligible shareholders in Australia and New Zealand can acquire shares at a discount, supporting the company’s recent acquisition and expansion plans.

Linius Technologies has secured a 12-month extension with Racing.com and reported ahead-of-schedule progress on its AI-powered proof of concept with a top European soccer league, signaling growth in sports media technology.

Polymetals Resources has restarted mining and milling at its Endeavor silver zinc mine following a tragic accident, with shipments and exploration activities ramping up.

Green Technology Metals advances its Ontario lithium projects with a streamlined environmental footprint and strong government backing, positioning for a lithium market recovery in 2026.

Tryptamine Therapeutics has enrolled its second patient in a pioneering clinical trial using IV-infused psilocin to treat Binge Eating Disorder, with first dosing scheduled for December and results expected early next year.

L1 Group Limited has completed its transformative merger between Platinum Asset Management and L1 Capital, creating a $16.7 billion funds under management powerhouse, backed by a $286 million capital raise to fuel growth.

Southern Cross Gold Consolidated Ltd has reported exceptional high-grade drill results from its Golden Dyke prospect, confirming a robust gold-antimony system within the Sunday Creek Project. The standout intercept includes 9.2 meters at 34.6 g/t gold equivalent, highlighting significant resource expansion potential.

Excelsior Capital has settled its Federal Court dispute with London City Equities, paving the way for a capital return, fully franked dividend, and eventual delisting from the ASX.

Aurum Resources has reported exceptional high-grade gold intercepts from its Boundiali project in Côte d’Ivoire, including a standout 3.10m at 70.78 g/t Au. The company is ramping up drilling efforts with 12 rigs and targets major resource upgrades and a Pre-Feasibility Study in early 2026.

Power Minerals has partnered with Australian tech firm Gega Elements to develop a gallium extraction process from its Santa Anna Project in Brazil, aiming to establish a vertically integrated supply chain amid rising global demand and supply risks.

Infomedia Ltd shareholders have overwhelmingly approved a scheme of arrangement for acquisition by TPG Capital, valuing the company at approximately AUD 651 million. The deal, supported by the board and an independent expert, is set to complete by early December 2025.