Latest Asx News

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

High-Tech Metals has reported exceptional high-grade gold results from infill drilling at its Wagtail Gold Deposit, reinforcing the existing resource and hinting at further extensions. The company is advancing towards an updated resource estimate and near-term production plans.

Belararox Limited has strategically expanded its Argentine copper exploration by acquiring the El Faro tenement adjacent to its Toro South target, adding 22km² of promising ground to its TMT Project. This move strengthens its position amid ongoing drilling targeting a potentially significant copper system.

Kjerulf David Hastings Ainsworth has initiated a second proportional takeover bid for 5.5% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and cash certainty. The move underscores Ainsworth’s belief that AGI remains undervalued amid a low likelihood of competing bids.

African Gold Ltd has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Montage Gold Corp, setting the stage for pivotal meetings on April 13. The Independent Directors back the deal, pending no superior offers and expert endorsement.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

Evolution Mining has confirmed a fully franked dividend of AUD 0.20 per share for the half-year ending December 2025, alongside a Dividend Reinvestment Plan price set at AUD 14.4695 with no discount.

Challenger Limited has updated its dividend announcement, confirming the suspension of its Dividend Reinvestment Plan (DRP) for the current period. Shareholders will receive a fully franked cash dividend of AUD 0.155 per share on 24 March 2026.

Cobram Estate Olives has secured US Department of Justice approval for its acquisition of California Olive Ranch, paving the way for completion by late March 2026.

Fortescue Ltd has set the allocation price for shares issued under its Dividend Reinvestment Plan at A$19.2518, following its recent interim dividend announcement. Shares will be issued on 30 March 2026, marking a key step in the company’s capital management strategy.