Latest Asx News

L1 Global Long Short Fund Limited is raising up to AUD 415 million through a pro-rata entitlement offer to support its transition to L1 Capital's Global Long Short Strategy, following a management change and portfolio overhaul.

L1 Global Long Short Fund Limited has announced a $415 million non-renounceable entitlement offer alongside a strategic shift under new management. The capital raise supports the transition to the L1 Global Long Short Strategy following a portfolio monetisation.

Resolution Minerals Ltd reports compelling drill results from its Horse Heaven Project in Idaho, confirming a large, continuous gold system open along strike and at depth. The initial six diamond core holes reveal broad mineralisation over 600m, with further drilling underway.

Titomic Limited has successfully completed a hot fire test on a solid rocket motor thrust chamber made with its Titomic Kinetic Fusion cold spray technology, marking a significant milestone in aerospace additive manufacturing.

National Australia Bank has updated its dividend distribution details, confirming an 85-cent fully franked payout and finalising Dividend Reinvestment and Bonus Security Plan prices at $40.45 per share.

Critica Limited has produced a second high-grade rare earth product from its Jupiter Project, achieving 86% total rare earth oxide and confirming the repeatability of its beneficiation process. This milestone reinforces Jupiter's status as Australia's premier rare earth resource amid growing global supply chain concerns.

Ava Risk Group’s BQT Solutions has inked a five-year supply and co-development agreement with US-based UniKey Technologies, targeting the booming mobile credential access market with new NFC/BLE readers.

Altair Minerals has kicked off trenching at its South Oko project ahead of schedule, with initial results confirming geological continuity with neighbouring gold deposits. The company is rapidly advancing towards drilling, supported by mechanised sampling and upcoming geophysical surveys.

Entropy Neurodynamics has successfully administered its proprietary IV-infused psilocin, TRP-8803, to the first patient in a clinical trial targeting Binge Eating Disorder, marking a world first in neuropsychiatric treatment.

Brightstar Resources has completed its largest-ever ore processing campaign from its Laverton underground mines, recovering approximately 6,300 ounces of gold. The company also discovered a high-grade extension at the Second Fortune mine, potentially reshaping its production outlook.

Falcon Metals has reported compelling high-grade gold assay results from its Blue Moon drilling program near the historic Bendigo Goldfield, revealing wide mineralised quartz zones and visible gold that underscore the project's potential.

AusQuest has kicked off an extensive Stage 3 drilling campaign at its Cangallo copper-gold project in Peru, aiming to expand mineralisation and pinpoint higher-grade zones. The results could reshape the project’s potential and set the stage for deeper exploration.