Latest Asx News

Vection Technologies has reported its first positive underlying EBITDA for FY2025, driven by strong growth in its Defence sector. The company sets ambitious FY2026 revenue targets of $70 million, underpinned by a robust $50 million sales pipeline and cutting-edge AI and spatial computing solutions.

Greenvale Energy has significantly expanded its Douglas River Uranium Project in the Northern Territory’s Pine Creek region, nearly doubling its exploration footprint with two new licence applications. This strategic move positions the company strongly within one of Australia’s premier uranium provinces.

Pinnacle Minerals Limited has launched a new options prospectus offering nearly 40 million options, potentially raising $3.18 million if exercised. The options carry an exercise price of $0.08 and expire in 2028, aiming to reward shareholders and fulfill placement obligations.

Minbos Resources has poured the main concrete slab for its Subantando Fertilizer Plant in Angola, marking a pivotal step toward its 2026 production goal.

SRJ Technologies has opened the retail component of its fully underwritten entitlement offer, inviting eligible shareholders to participate in a significant capital raising initiative aimed at supporting its advanced asset integrity services.

Solstice Minerals has identified promising new geophysical targets at its Nanadie Copper-Gold Project, setting the stage for a maiden drilling campaign aimed at expanding its existing resource.

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Miramar Resources has extended the closing date for its Share Purchase Plan to mid-August as it awaits critical drilling and survey results from its Western Australian projects.

Red Mountain Mining has confirmed promising gold mineralisation at its Kiabye Gold Project in Western Australia, with initial drilling returning a best intercept of 2.92 g/t Au over 1m. The company also discovered new alluvial gold nuggets at Prospectors Patch, expanding its exploration potential.

Geopacific Resources reports significant high-grade gold trench results extending mineralisation at Little MacKenzie within its Woodlark Gold Project, Papua New Guinea. A major 30,000-metre drilling campaign is now underway to expand the resource base and explore new targets.

Domain Holdings Australia Limited shares are suspended from ASX trading following Supreme Court approval of its acquisition by Andromeda Australia SubCo Pty Limited. This marks a pivotal shift for the online real estate services company.

Neometals has agreed to sell its 50% stake in the lithium-ion battery recycling joint venture Primobius to SMS Group for €5 million upfront plus future royalties, marking a strategic pivot away from capital-intensive projects.