Latest Connectivity News

Infinity Metals has cut the equity consideration for its Tule Canyon acquisition option by A$10,000, reducing the maximum issue from 10 million to 9 million shares. The revised terms are designed to keep the related-party transaction below the ASX threshold requiring shareholder approval and an independent expert report.

GenusPlus has won approximately $255 million of power infrastructure work from Western Power and Fortescue, extending its project pipeline into 2029. The awards span renewable energy connections, network maintenance and mine-site decarbonisation infrastructure, although individual contract values and margins remain undisclosed.

Locality Planning Energy has returned to statutory profit and sharply reduced borrowings, but its next test is converting a large contracted pipeline into active service points. The company has given no numerical FY2027 guidance and is operating under an interim leadership structure while it searches for a permanent CEO.

Berkeley Energia says it is unaware of any undisclosed information that could explain a sharp rise in its shares, after ASX sought answers as the stock approached $0.95. The company pointed only to Spain’s decision to bring forward its general election.

Kinetiko Energy is preparing to submit a permit that could allow limited gas sales from its Brakfontein project in early 2027, while engineering, procurement and drilling plans advance in parallel. The company has also shortlisted three candidates for its next chief executive.

Baby Bunting has reaffirmed its FY27 earnings and sales targets despite underlying comparable store sales growth moderating to 2.2% in the first 14 weeks. The retailer says its Store of the Future refurbishments are now delivering a 20% average sales uplift across 17 stores.

WiseTech Global’s FY26 annual report charts a year of extraordinary expansion, with revenue up 79% after the e2open acquisition and underlying EBITDA up 56%. But the stronger earnings base comes with heavier debt, a major workforce reset and unresolved regulatory risks.

Wia Gold has extended several underground targets at Kokoseb after 18,476 metres of diamond drilling returned broad and high-grade gold intercepts. The results strengthen the geological case for growth beyond the project’s maiden 0.56 million ounce underground inferred resource, although the larger exploration target remains conceptual.

Cobre has outlined a three-stage plan to lift Sierra Atacama’s copper cathode capacity from its existing configuration to 18,000 tonnes per annum, then 25,000 tonnes, with a larger 50,000-tonne case under consideration. The targets depend on refurbishment, permitting, further drilling and resource modelling.

PC Gold has extended three gold lodes north of its Spring Hill resource, including a newly identified Link-style zone with grades as high as 10.03 g/t Au. Ten of 32 RC holes remain unassayed, leaving the scale and continuity of the extensions unresolved.

Sports Entertainment Group has completed the second tranche of its institutional placement, raising a further A$4.75 million at A$0.28 per share. The top-up takes total placement proceeds to about A$14.54 million before costs as the company funds its MediaWorks transaction.

FortifAI says independent verification found its NOL8 AI Data Plane delivered up to 118 times more data per infrastructure dollar than Google RE2 at the highest workload tested. The result supports NOL8’s commercialisation push, while also triggering the vesting of 52,516,667 Class C Performance Rights.