Latest Asx News

Comms Group has $24.3 million in cash after selling its onPlatinum IT managed services division, but the size and tax structure of any shareholder distribution remain unresolved. The company is seeking an ATO ruling before its board decides how much surplus capital to return.

Iltani Resources has secured firm commitments for a $4.6 million placement, anchored by a $1.5 million investment from QIC’s Queensland Critical Minerals Fund. The funding will support a 145-hole drilling program at the Orient Silver-Zinc-Indium Project before the wet season, with further work planned in 2027.

OFX Group is investigating unauthorised access to data involving some clients and people who have interacted with the company. The fintech says there is currently no evidence that client accounts, funds or services were affected, but the scope of the incident remains unclear.

Osmond Resources’ preliminary study has put a US$2.31 billion post-tax NPV on its Spanish rare earths and mineral sands project, but the headline economics rest on a scoping-level model and a US$300 million funding requirement. The next test is whether drilling, metallurgy, permitting and financing can turn the attractive concept into a financeable mine.

Patriot Resources has completed 38 surface samples at its Tassa silver-gold project in Peru, where mapping identified a 120-metre breccia interpreted as the upper part of a preserved epithermal system. The company is now moving south into the newly acquired Tassa 5 tenement while its maiden drill permit application progresses.

Unity Metals has extended its Camp stockwork gold discovery in Cambodia by 35 metres to the northeast, with a new hole returning 1 metre at 10.2 grams per tonne gold. The mineralisation remains open at depth and along strike, although a nearby southwest test returned no significant intersections.

Stakk has executed a five-year US$9 million agreement with US banking technology provider Candescent, with its AI-powered cheque and document intelligence already deployed. The contract commits approximately US$1.8 million in annual revenue through 2030 and is expected to contribute above Stakk’s FY2027 revenue milestone.

Artrya has signed a five-year agreement with Huntsville Hospital Health System, converting the first participant in its SAPPHIRE Study into a commercial customer. The deal carries a minimum contracted value of US$0.5 million for Salix Coronary Anatomy, with further usage-based revenue possible from other modules.

Felix Group Holdings has opened a non-underwritten share purchase plan seeking up to A$1 million from eligible Australian and New Zealand shareholders at A$0.038 per share. The offer gives investors access to the same price paid under the institutional placement, but leaves the final amount raised and any scale-back uncertain.

First Au will acquire six exploration licences in Western Australia’s Ora Banda district for A$150,000 upfront, with a further A$500,000 deferred at the seller’s discretion. The deal expands its Riverina tenure but comes with a A$250,000 drilling commitment and remains subject to completion conditions.

Sigma Lithium has temporarily halted all mining and industrial production at its Grota do Cirilo operation in Brazil while awaiting a Federal Court of Appeals ruling over an environmental dispute involving Quilombola community rights. The company is maintaining its FY2027 production target of 330,000 tonnes, but has delayed its 240,000-tonne 12-month guidance by three months.

Capstone Copper has agreed to sell its Cozamin mine in Mexico to Luca Mining in a deal featuring US$275 million upfront and as much as US$110 million in deferred and copper-linked payments. The proposed sale would give Capstone fresh balance-sheet capacity while preserving indirect exposure to the asset through Luca shares.