Latest Competition News

Rox Resources has locked in A$350 million in debt facilities from a top-tier bank syndicate, fully funding the development of its Youanmi Gold Project in Western Australia. The company is poised to make its Final Investment Decision this quarter, moving closer to production.

Activeport Group clarifies that shareholder approvals for director and senior management subscriptions in a recent $6.8 million capital raising have expired, prompting the company to consider alternative funding options.

BluGlass Limited has confirmed it is finalising a significant customer order following a sharp rise in its share price and trading volumes, with a formal announcement expected on 9 March 2026.

Argosy Minerals reports strong progress on its 12,000 tonnes per annum Rincon Lithium Project in Argentina, achieving 96% lithium recovery in test work and advancing critical energy infrastructure with a 40MW power supply line.

Albright Metals has completed the sale of part of its Bryah Basin tenements to Catalyst Metals, securing $1 million in cash and shares to advance its Golden Pike gold and antimony project in Canada.

Pearl Gull Iron Limited’s shares have been suspended from ASX trading following the sale of its main asset, the Cockatoo Island Project, as the company works to meet compliance requirements.

Felix Group Holdings has appointed seasoned tech leader Chris Atkin as CEO, aiming to drive growth and integrate its Nexvia platform. Atkin’s track record in scaling SaaS businesses signals a strategic push for disciplined expansion.

Cluey Ltd announces significant leadership changes including the retirement of a long-serving director and a CEO stepping down, while affirming continuity in its strategic direction.

Little Green Pharma Ltd (ASX: LGP) has proposed a full acquisition of Cannatrek Ltd via a scheme of arrangement, creating a vertically integrated medicinal cannabis group with pro forma FY26 revenues exceeding AUD 100 million. The scheme, supported by an independent expert, offers liquidity and strategic growth opportunities amid regulatory and market risks.

Insurance Australia Group has updated its dividend announcement to include key pricing details for its Dividend Reinvestment Plan, confirming a fully franked payout with no discount on reinvestment shares.

Pioneer Credit has raised its FY26 net profit after tax guidance to at least $23 million, driven by significant interest savings from repricing its debt facilities. This marks a notable upgrade reflecting stronger earnings and a healthier capital structure.

LTR Pharma has finalised recruitment for its Phase II clinical trial of SPONTAN, a rapid-acting intranasal spray for erectile dysfunction, with initial results expected in the second quarter of 2026.