Latest Government It News

Osmond Resources has secured the maximum €250,000 provisional grant in the first round of Spain’s national mineral exploration program, while preparing to start a 13-hole campaign at its Orión project. The company has also issued 85 million shares to retain its 80% interest in the project-owning vehicle.

Aurora Labs has appointed Andrew Garth as chief executive, moving former CEO Rebekah Letheby into a newly focused chief operating role. The reshuffle is intended to separate commercial strategy from technical execution as the company pursues scaled manufacturing and defence opportunities.

AdAlta and Shanghai Cell Therapy Group have approved the FDA briefing pack and manufacturing transfer plan for EW-001, bringing the mesothelioma CAR-T therapy closer to an Australian Phase 1 trial. The FDA meeting is scheduled for November, while two Chinese patients remain under follow-up, including a second complete responder.

Xstate Resources has secured preferred tenderer status for a 305 square kilometre block in Queensland’s Taroom Trough, with the company set to initially operate a four-party joint venture. The prospective acreage offers exposure to basin-centred gas, associated liquids and light crude, but the licence remains subject to government processes.

oOh!media has sent shareholders the scheme booklet and voting materials for I Squared Capital’s proposed acquisition, moving the transaction into its decisive shareholder approval phase. The vote is scheduled for 2 November, with the board continuing to recommend the deal subject to key conditions.

6K Additive has completed a six-year, US$27.4 million secured loan with the US Export-Import Bank to expand production of critical metal powders in Pennsylvania. The financing gives the company access to project funding through June 2028, but the final interest rate and the expansion’s eventual output remain to be established.

Island Pharmaceuticals has begun GMP production of Galidesivir, with the first 5kg batch targeted for an investigational Ebola treatment program in Uganda. A second batch is intended to support a pivotal Marburg animal study under the FDA’s Animal Rule pathway.

Rubicon Water has told ASX that the selection of a joint venture bid containing about A$12 million of its technology was price-sensitive information. The company said it only learned of the decision when it appeared on Morocco’s procurement portal, then lodged its announcement after an overnight review and a four-second technical delay.

Comms Group has $24.3 million in cash after selling its onPlatinum IT managed services division, but the size and tax structure of any shareholder distribution remain unresolved. The company is seeking an ATO ruling before its board decides how much surplus capital to return.

Unity Metals has extended its Camp stockwork gold discovery in Cambodia by 35 metres to the northeast, with a new hole returning 1 metre at 10.2 grams per tonne gold. The mineralisation remains open at depth and along strike, although a nearby southwest test returned no significant intersections.

Embark Early Education has requested a general meeting to install its chair and managing director on Mayfield Childcare’s board and remove three directors. The move comes after Embark lifted its stake in Mayfield to 50.04%, raising the prospect of a board with no directors independent of the majority shareholder.

xReality Group has identified unaudited adjustments that deepen its FY26 loss by $5.79 million and cut net assets from $14.0 million to $6.7 million. Customer revenue and cash flow are unchanged, but trading is suspended until the audit and amended accounts are completed.