Latest Asx News

Pursuit Minerals has successfully completed the first tranche of a $7 million placement, issuing nearly 47 million shares at 9.5 cents each, with a second tranche and incentive options pending shareholder approval.

Evergold Minerals has raised A$5.23 million to accelerate gold exploration at its Mt Monger and Leonora projects in Western Australia, setting the stage for imminent drilling and resource expansion.

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.

Cosmo Metals has secured $1.55 million through a fully underwritten entitlement offer to fund near-term drilling at its Kanowna Gold Project in WA and the Bingara and Nundle projects in NSW. The capital raise includes free attaching options, with strong backing from major shareholders and management.

Acusensus Limited has settled its patent litigation with Redflex Traffic Systems, issuing over six million shares and paying US$6 million in cash to resolve the dispute. The agreement clears the way for Acusensus to continue its road safety technology operations unimpeded.

Careteq Limited has agreed to sell its Embedded Health Solutions business for $5 million, aiming to strengthen its balance sheet and focus on expanding its home medication review platform amid ongoing tax disputes.

Provaris Energy has successfully completed the first phase of engineering design for a pioneering large-scale liquefied CO₂ tank, advancing carbon capture storage solutions with Yinson Production.

Macro Metals Limited has secured shareholder approval for a A$5.3 million budget to push the Extension Iron Ore Project in Western Australia towards mine construction readiness, marking a significant step in its development.

Aruma Resources Limited has had its AAJOA securities suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

HMC Capital has forged a strategic partnership with global investor KKR, securing up to $603 million to expand its Energy Transition Platform focused on battery storage and wind projects. This deal aims to boost Australia’s renewable capacity while enhancing shareholder returns.

Native Mineral Resources’ board members have converted $1.62 million in options into 63 million new shares, reinforcing their commitment to the company’s growth strategy and key projects in northern Queensland.