Latest Financials News

Platinum Asset Management has entered preliminary talks with L1 Capital about a potential merger that would combine their funds under management to approximately A$18 billion. L1 Capital has also acquired a significant stake in Platinum, signaling serious intent in this strategic consolidation.

Wide Open Agriculture Limited has clarified that its recently signed offtake and distribution agreement with Univar Solutions China carries no immediate financial impact, outlining a phased market entry and sales timeline.

Dreadnought Resources has partnered with Teck Resources in a $15 million farm-in and joint venture to advance the Money Intrusion Ni-Cu-Co-PGE prospect at Mangaroon, WA. This deal brings a major global player into the project, accelerating exploration while preserving Dreadnought’s gold ambitions.

GPT Group unveiled a strategic pivot towards co-investment alongside capital partners, reporting resilient 2024 earnings and expanding its retail management platform through key partnerships and asset acquisitions.

The ASX has suspended the securities of Aneka Tambang, MCS Services, and Metalstech due to failure to lodge periodic reports on time, signaling regulatory enforcement and potential market impacts.

A1 Investments & Resources Limited reported negative operating cash flows and no business activity in Q1 2025, drawing down $200,000 of a $300,000 loan as it seeks a transaction to regain ASX listing status.

Taruga Minerals has exercised its option to acquire 100% of the Thowagee Project in Western Australia's northern Gascoyne province, revealing promising high-grade assays of lead, silver, zinc, copper, and gold. This acquisition significantly expands Taruga's contiguous landholding, positioning the company for further exploration success.

Dimerix Limited has announced a US licensing transaction for its Phase 3 asset DMX-200 targeting FSGS, alongside progress updates on its clinical trial. The move underscores the company’s push to address a rare kidney disease with no approved therapies.

Rewardle Holdings reported a strong March quarter with positive operational cash flow of $1.36 million, driven by its strategic partnership with MedTech firm CloudHolter, while progressing towards ASX relisting.

RareX Limited has won a $175,000 government-backed drilling grant to advance exploration of significant gallium mineralisation at its Khaleesi Project in Western Australia, underpinning the project’s critical minerals promise.

Solstice Minerals has initiated a significant Reverse Circulation drilling campaign targeting advanced gold prospects in Western Australia, aiming to expand on promising historical intercepts and recent exploration success.

Assetora Limited has dramatically reduced its net liabilities and strengthened its balance sheet through strategic capital raises and debt conversions, while unveiling a comprehensive rebrand and leadership expansion to drive its next growth phase.