Latest Asx News

Kinetiko Energy is advancing a staged development strategy to unlock its 6 trillion cubic feet gas resource in South Africa, targeting first revenues within 18 months through a capital-efficient, risk-managed approach.

Patrys has raised A$3.2 million through a share placement to fund its injectable quetiapine program’s Phase 1A clinical trial and FDA pre-IND preparations.

Critical Metals Corp has consolidated its stake in the Tanbreez Rare Earths Project, gaining government approval to increase ownership to 92.5%, while European Lithium retains a 7.5% interest. This clearance removes a key hurdle, enabling the project’s development to accelerate.

Emyria has unveiled the Empax Global Partnership Program, a high-margin clinical delivery platform targeting international drug sponsors amid growing demand for psychedelic-assisted mental health treatments.

Fitch Ratings has maintained Karoon Energy’s credit ratings while revising its outlook to Negative, citing operational disruptions and production decline risks despite solid liquidity and manageable debt. Karoon is actively working on restoring production at key assets with updates expected in its upcoming quarterly report.

G11 Resources has completed a $7.5 million capital raise and is aggressively pursuing copper-gold exploration in Tasmania and NSW, with over 900 metres drilled at Sedgwick Bluff and fresh EM anomalies identified at the Linda project.

Green360 Technologies has produced its first commercial batch of Eco-Clay under a tolling deal with Calix, advancing its low-carbon cement alternative towards market entry in Victoria by mid-2026.

Regal Partners Limited’s funds under management fell 3% to $20.2 billion in the March quarter, pressured by investment losses amid geopolitical turmoil, even as net inflows remained positive for the tenth consecutive quarter.

Calix Limited has secured an initial A$5.7 million payment following the completion of its lithium Mid-Stream Project restructure with PLS Group, releasing $11.4 million in capital and shifting to a capital-light licensing model.

ION Video has trimmed its monthly cash burn to $148,000, beating management’s forecast, and expects to maintain sufficient funding until at least mid-2027. Meanwhile, early-stage discussions with tech giants Meta and Alphabet remain active but non-binding.

DXN Limited has secured a A$5.3 million contract to deliver a modular Cable Landing Station in South America, marking its first foray into the Latin American market and reinforcing its role in hyperscale internet infrastructure.

Nex Metals Explorations is progressing metallurgical test work at its Kookynie Tailings Project, targeting a capital-light gold production pathway and completion of drilling by October 2026.