Latest Asx News

Weebit Nano has reported a record quarter with A$7.3 million in customer receipts, securing three key product agreements and progressing critical technology milestones at leading semiconductor fabs.

Lynch Group Holdings Limited proposes a scheme of arrangement for acquisition by Hasfarm Bidco at a 23% premium, with unanimous board support and an independent expert endorsement. Shareholders will vote in November on a deal that would delist Lynch from the ASX.

Lynch Group Holdings Limited is moving closer to a $269 million acquisition by Hasfarm Bidco, with a shareholder meeting scheduled for 21 November 2025 to vote on the proposed scheme of arrangement. The transaction offers Lynch shareholders a 23% premium and is backed by an independent expert report and unanimous board recommendation.

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Besra Gold has disclosed a significant reduction in its Mineral Resource Estimate to 2.28 million ounces, addressing ASX concerns over recent unusual trading activity. Despite the downgrade, the company’s share price has risen sharply, leaving investors questioning the market dynamics.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Sunrise Energy Metals secures renewed interest from the US Export-Import Bank for substantial debt financing, reinforcing the strategic importance of its Syerston Scandium Project amid a landmark US-Australia minerals pact.

Region Group delivered solid financial results for FY25 with modest growth in funds from operations and assets under management, while announcing a planned CEO retirement and maintaining positive guidance for FY26.

EMVision Medical Devices has closed its $2 million Share Purchase Plan ahead of schedule due to strong investor demand, signaling robust market interest in its neurodiagnostic technology.

Western Yilgarn has launched ground exploration at its Ida Holmes Junction and New Norcia projects, aiming to expand high-grade gallium mineralisation critical for semiconductor and green energy technologies.

SIV Capital Limited reported a $110,000 net cash outflow for Q1 FY26, maintaining a strong cash reserve of $8.07 million despite its securities suspension by ASX since December 2024.

Austral Resources Australia has locked in $40 million through a discounted share placement, setting the stage for its ASX reinstatement and ambitious expansion in Queensland's copper belt.