Latest Government It News

Sunrise Energy Metals has nearly doubled its scandium resource at the Syerston Project and attracted significant US government financing interest, underscoring the strategic value of its critical minerals assets amid tightening global supply.

Supply Network Limited reported robust FY2025 results with double-digit revenue growth, expanded capacity across Australia and New Zealand, and announced a new auditor appointment at its AGM.

Supply Network Limited reported strong FY2025 financial results with robust revenue and profit growth, alongside strategic network expansions and IT upgrades. The company is on track to meet its $50 million revenue growth target for FY2026, supported by a new three-year business plan.

JAYRIDE Group Limited has secured $200,000 through the issuance of convertible notes, aiming to support its SaaS platform expansion and meet ASX requotation requirements. The raise includes participation from a sophisticated investor and a company director, with shareholder approval pending.

NSX Limited has been fully acquired by a Canadian entity, leading to the suspension and imminent delisting of its shares from the ASX. A new non-executive director has been nominated as part of the transition.

Jindalee Lithium has raised approximately A$8 million through a share placement priced at 55 cents per share, while also issuing options to key participants. Further share and option issuances await shareholder approval in December.

Prime Financial Group has secured two strategic acquisitions across its Wealth and Business segments, alongside executing a Non-Binding Indicative Offer for a major Wealth sector target and appointing a new CFO.

EMU NL has appointed John Anderson as Chair and Adrian Griffin as Managing Director and CEO, marking a significant step in its board renewal process aligned with ASX governance standards.

Boom Logistics reports steady revenue growth and significant capital expenditure cuts in Q1 FY26, while advancing a share buyback and navigating leadership changes.

Amotiv Limited reported steady FY25 financials with marginal revenue growth and a slight EBITA dip, while unveiling its ambitious Amotiv2030 strategy to drive future shareholder value amid ongoing market challenges.

Chilwa Minerals has successfully raised A$8.125 million through a private placement anchored by the Mota family office, aiming to fast-track its critical minerals project in Malawi.

Lake Resources has strengthened its financial position with a $12 million capital raise and delivered a 16% cut in capital expenditure for its flagship Kachi Lithium Brine Project, advancing its path toward low-cost lithium production.