Latest Equity Stake News

Tasman Resources updates shareholders on Eden Innovations’ ongoing sale of a Georgia industrial property and the extension of its iBorrow financing facility, aiming to unlock value amid protracted negotiations.

News Corporation reported a robust half-year performance with revenues up 4% to $4.33 billion and net income soaring 80% to $334 million, while advancing its strategic pivot through the planned sale of Foxtel.

Winsome Resources has announced a significant new high-grade spodumene pegmatite discovery at its Sirmac-Clapier Project in Quebec, featuring lithium grades up to 3.0% Li2O alongside notable cesium and tantalum mineralization.

News Corporation reported a robust second quarter for Fiscal 2025, with revenues climbing 5% to $2.24 billion and net income soaring 58%, while announcing the strategic sale of Foxtel to DAZN for A$3.4 billion.

X2M Connect reported a 51% revenue drop in Q2 FY25 as it shifts from hardware to SaaS, yet improved margins and EBITDA signal progress. Strategic partnerships in the Middle East and Taiwan offer promising growth avenues.

Global Uranium and Enrichment reports a successful maiden drilling program at its Maybell Uranium Project, confirming high-grade uranium continuity, alongside a strategic sale of its Enmore Gold Project to Koonenberry Gold.

Aurora Energy Metals has executed a landmark Option Agreement with Eagle Energy Metals for its flagship Aurora Uranium Project, unlocking up to US$26 million in share consideration and retaining significant exposure through a 40% equity stake. The company also reports improved uranium recovery rates and strategic expansion into Western Australia.

Cobre Limited’s December 2024 quarterly report reveals promising copper mineralisation in Botswana and a significant high purity quartz target in Western Australia, supported by a successful $4.6 million capital raise.

Emerald Resources NL has reported record quarterly gold production at its Okvau Gold Mine, alongside significant resource expansions in Cambodia and Australia, positioning the company for robust growth.

Gas2Grid navigates regulatory headwinds in Australia by pursuing new petroleum ventures in the Philippines while contesting a significant legal claim in France. The company’s ASX suspension persists as it seeks to restore compliance through fresh contracts.

Canterbury Resources reports significant drilling success at its Briggs copper-molybdenum project, with an updated resource estimate and scoping study underway, while exploration at Bismarck yields no economic mineralisation.

Apollo Minerals reports exceptional drilling results at its Salanie Gold Project in Gabon, revealing high-grade gold mineralisation and securing $1.25 million through a recent entitlement offer.