Latest Australian Stock Exchange News

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

SDI Limited has dispatched its Scheme Booklet to shareholders as it moves closer to a $1.40 per share acquisition by a Beijing Guoci subsidiary. The virtual shareholder meeting is set for 22 June 2026 with strong backing from the board and largest shareholder.

Carnavale Resources has lifted its Kookynie Gold Project Mineral Resource Estimate by 2.5% to 120,000 ounces at 4.4 g/t, with a significant upgrade to Measured resources that reduces early-stage mining risk.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Solstice Minerals has pushed the Nanadie Copper-Gold Project’s mineralised system deeper by completing its longest diamond drillhole to date, intersecting extensive visible copper sulphides well below the current resource boundary.

National Storage REIT has been acquired by a Brookfield-GIC consortium, with all stapled securities bought at $2.80 each and key board changes implemented. The company is set to delist from the ASX following the transaction.

Toro Energy has sent its Scheme Booklet to shareholders outlining the proposed takeover by IsoEnergy, backed by an independent expert and the company’s board. Key dates for shareholder voting and court approval are set for June.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Great Boulder Resources has raised $40 million through a two-tranche placement to fund its acquisition of Westgold’s Peak Hill Gold Project, positioning the company for an aggressive drilling campaign and a pathway to capital light production.

Kaili Resources has reported encouraging rare earth element assay results from its South Australian tenements, particularly within the Coodalya Mallee Project, while securing extended related-party financing to support ongoing exploration.

Global X Management updates estimated distribution amounts for three ASX-listed ETFs ending April 2026, confirming Dividend Reinvestment Plan eligibility and key payment dates.

Carnaby Resources has delivered a robust Pre-Feasibility Study and declared its maiden Ore Reserve at the Greater Duchess Copper Gold Project, setting sights on first production in the second half of 2026.