Latest Australian Securities News

Battery Age Minerals Ltd (ASX, BM8) has responded to an ASX price query following a notable jump in its share price and trading volume, attributing the activity to recent public communications and exploration progress.

Elph Investments has raised and finalised its off-market takeover bid for Engenco Limited shares at $0.31 per share, applying to all shareholders including those who already accepted. This move signals a decisive step in the ongoing acquisition process.

Challenger Gold Limited has voluntarily suspended its ASX trading pending a significant capital raising announcement, signaling potential strategic moves ahead.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

Mont Royal Resources has announced the appointment of Nicholas Holthouse as President and CEO of Commerce Resources, setting the stage for their upcoming merger. Holthouse's extensive rare earths expertise is expected to drive the merged entity's growth in critical minerals.

OFX Group Limited has responded to ASX concerns over its FY25 earnings disclosure, confirming earnings below consensus but no breach of continuous disclosure rules.

Loyal Lithium Limited remains suspended from ASX trading after missing its deadline to disclose details of a proposed acquisition and respond to a price query, raising fresh questions about the company’s compliance and strategic direction.

Vinyl Group Ltd has voluntarily suspended trading on the ASX pending a Federal Court decision on its application for relief after failing to lodge required cleansing notices on time.

Opthea Limited faces a pivotal moment as four board members resign following disappointing Phase 3 trial results and a major workforce reduction. The company’s future hinges on ongoing funding negotiations amid trading suspensions.

Victor Group Holdings has requested a voluntary suspension of its shares starting June 2, pending a significant acquisition announcement expected by June 5.

Fintech Chain Limited reported a 24% revenue increase to RMB55.9 million for FY2025 driven by new SaaS products, yet it remains in the red with a net loss of RMB4.8 million. The company has also applied for delisting from the ASX.

Ballard Mining Limited is set to raise $25-$30 million through an IPO to advance the Mt Ida Gold Project, boasting a 1.1 million ounce resource and significant exploration upside. The move follows a strategic demerger from Delta Lithium, positioning Ballard as a focused gold developer with an experienced leadership team.