Latest Asx News

H&G High Conviction Limited has completed a major asset divestment, distributing over 63 million Hancock & Gore shares to its shareholders and signaling potential delisting and strategic shifts ahead.

Arika Resources is set to recommence a significant 6,000m reverse circulation drilling program at its Yundamindra Gold Project, targeting extensions at Pennyweight Point and Landed at Last prospects following recent high-grade gold discoveries.

Connected Minerals Ltd has advanced its uranium exploration in Namibia with impressive trench sampling results and commenced a significant drilling campaign, while also initiating base metal exploration in Western Australia.

Harmoney has raised its FY25 cash NPAT guidance to $5.5 million and announced an on-market share buy-back, setting the stage for accelerated loan book growth and improved returns in FY26.

Rimfire Pacific Mining reports standout scandium drilling results at Murga and Currajong prospects, supported by a $3.65 million equity placement to accelerate exploration amid tightening global supply.

Sarama Resources has completed a large-scale soil geochemistry survey at its Cosmo Gold Project in Western Australia, marking the first systematic exploration phase on this underexplored gold belt. Analytical results from approximately 5,000 samples are now under review, setting the stage for potential drill targets.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.

Medical Developments International reported a robust Q3 FY25 with $8.9 million revenue and $1.7 million operating cashflow, driven by strong Penthrox demand and pricing. New distribution agreements in France and Switzerland position the company for further European expansion.

GreenHy2 Limited reports a strategic push in Europe with new contracts for its advanced supercapacitor and hydrogen storage technologies, alongside a cash position of $814K and four quarters of funding runway.

Vital Metals is nearing completion of a pivotal Scoping Study for its Tardiff deposit in Canada, while spearheading a new Canadian rare earths consortium and securing fresh funding to support its development ambitions.

Peet Limited has upgraded its FY25 net profit forecast, buoyed by a robust project pipeline and solid settlement progress, signaling sustained growth in the property development sector.

LTR Pharma reports strong Q1 2025 progress with FDA pre-IND meeting success, scientific acclaim for SPONTAN’s rapid absorption, and strategic launch of ROXUS to fast-track US market entry.