Latest Asx News

Mirrabooka Investments Limited has launched a $85 million non-renounceable entitlement offer at $3.06 per share, inviting eligible shareholders to increase their holdings with a top-up facility. The offer aims to bolster the company’s investment capacity amid evolving market conditions.

Brightstar Resources has locked in a US$11.5 million revolving finance facility with Ocean Partners, bolstering working capital to fuel production expansion and exploration across its Western Australian gold projects in 2025.

Magellan Financial Group’s assets under management fell to A$38.5 billion in April, reflecting $1 billion in net outflows, even as it expanded its portfolio with a new Vinva fund.

Augustus Minerals advances exploration at its Ti-Tree Money Intrusion project, planning a detailed Moving Loop EM survey to refine drill targets following promising VTEM results and nearby discoveries.

Silex Systems reports steady progress on its TRL-6 uranium enrichment demonstration, targeting completion by end-2025, while securing initial US government funding to support commercialisation efforts.

Iceni Gold’s latest RC drilling at the Guyer Prospect reveals a standout high-grade gold intersection, reinforcing the potential of its 14 Mile Well Gold Project in Western Australia.

Dropsuite secures Foreign Investment Review Board approval for its acquisition by NinjaOne, clearing a major regulatory hurdle ahead of the upcoming shareholder vote. Meanwhile, ASIC grants an extension for Dropsuite’s 2025 AGM, reflecting the pending transaction timeline.

White Cliff Minerals has reported a landmark copper intersection at its Rae Copper Project in Nunavut, Canada, with drill hole DAN25008 delivering 175 metres at 2.5% copper from near surface. This discovery signals a major step forward in defining a potentially world-class copper resource.

Premier1 Lithium’s first reverse circulation drilling program at the Yalgoo Project has confirmed multiple high-grade gold intersections, revealing both extensions of known mineralisation and new targets.

Kingsland Minerals has appointed GR Engineering Services to lead a scoping study for its Leliyn Graphite Project, aiming to unlock the economic potential of one of Australia’s largest graphite resources. The study, supported by new project management expertise and existing off-take agreements, is set to complete by year-end.

Southern Cross Media Group reports robust audio revenue growth exceeding expectations and signals a return to dividends for FY25, underpinned by disciplined cost management.

EZZ Life Science Holdings Limited has announced a fully franked ordinary dividend of AUD 0.02 per share for the six months ending December 2024, signaling steady returns for shareholders.