Latest Australian Stock Exchange News

Bastion Mining has tabled a recommended $0.08 per share cash offer for Xanadu Mines, representing a significant premium and backed unanimously by Xanadu's independent directors and largest shareholder.

Atturra Limited is set to acquire DalRae Solutions, a specialist SAP consultancy, in a deal valued up to $20 million that aims to deepen its SAP capabilities and market reach.

State Gas Limited faces a land access blockade at its Rolleston West Project, prompting legal action to resume critical drilling operations. The dispute threatens to delay progress on promising coal seam gas assets in Queensland's Bowen Basin.

Aguia Resources has announced a $3 million Share Purchase Plan offering shares at a 9% discount, aiming to fund exploration and development at its key projects.

Aurora Energy Metals has received a further US$550,000 from Eagle Energy Metals, extending the option to acquire the Aurora Uranium Project and underpinning key development milestones.

Clara Resources has launched a strategic review of its Kildanga polymetallic project following unsolicited interest, weighing options from divestment to joint ventures to enhance shareholder value.

Kaiser Reef Ltd has completed its acquisition of the Henty Gold Mine, instantly boosting its annual gold production to over 30,000 ounces and setting a clear path to 50,000 ounces. The deal also brings significant infrastructure, a skilled workforce, and strategic partnerships that could reshape the company’s growth trajectory.

Hastings Technology Metals has entered a binding agreement with Wyloo to form a 60:40 joint venture on the Yangibana Rare Earths and Niobium Project, with Wyloo taking the lead on funding and management. This partnership aims to de-risk project development and accelerate progress toward final investment decision.

Lindsay Australia has announced the acquisition of Tasmania’s leading refrigerated logistics provider, SRT Logistics, for $108.2 million, marking a strategic expansion into the Tasmanian and Trans Bass Strait markets. The deal is expected to boost Lindsay’s FY25 earnings per share by approximately 15%.

Ridley Corporation has agreed to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, backed by a $125 million equity raise. This move positions Ridley as a leading diversified agricultural services provider with a new growth pillar.

Growthpoint Properties Australia has raised its FY25 funds from operations guidance and expanded its logistics portfolio with a $40 million industrial asset acquisition in Queensland, signaling strong operational momentum.

SelfWealth Ltd has officially been acquired by Syfe’s holding company, with shareholders receiving $0.28 per share and the company set to delist from the ASX on May 8.