Latest Government It News

PWR Holdings announces founder and Managing Director Kees Weel’s phased return from medical leave and planned transition to Non-Executive Chairman after the October AGM, as the company embarks on a global CEO search.

Wrkr Ltd reports sustained positive operating cash flow and strategic investments positioning it for growth despite an anticipated FY25 EBITDA loss. The company’s landmark deals and platform enhancements signal readiness for upcoming regulatory reforms.

Universal Biosensors reports a $1.59 million improvement in operating cash outflows for Q2 2025, maintaining $2.55 million in cash as it advances commercialization across blood, wine, and water testing markets.

Stavely Minerals reports exceptional gold assay results from its Stavely Project in western Victoria, highlighting promising shallow mineralisation and metallurgical testwork confirming efficient gold recovery. The company also secures government grants to advance its Hawkstone nickel-copper exploration.

Yumbah Aquaculture has completed its acquisition of Clean Seas Seafood, with shareholders receiving cash or Yumbah shares as consideration. Clean Seas shares will be delisted from the ASX and OSE by 25 July 2025.

DroneShield Limited has secured a $5 million contract under Australia’s Project LAND156 to supply portable counter-drone systems to the Australian Defence Force, positioning itself as a key player in the nation’s evolving defence technology landscape.

Corella Resources has successfully raised over $1 million through a Rights Issue and Placement, positioning itself to advance exploration and development at its Tampu Project and other tenements.

Income Asset Management Group Limited delivered its strongest quarter ever in Q4 FY2025, reporting record revenue and robust growth in funds under advice alongside positive operating cash flow.

Tivan Limited has forged binding joint ventures with Sumitomo Corporation and JOGMEC, secured significant equity investments, and launched a major drilling campaign to advance its Speewah Fluorite Project in Western Australia.

Green Technology Metals (ASX – GT1) announces a significant maiden Rubidium Mineral Resource at its Seymour Project in Ontario, positioning the company at the forefront of critical minerals supply with a valuable by-product alongside lithium.

American Rare Earths has raised A$15 million through a well-supported placement to accelerate its Halleck Creek rare earths project in Wyoming, signalling a strategic pivot with new leadership focused on U.S. operations.

Blue Energy’s subsidiary Eureka Petroleum has been granted two significant Potential Commercial Areas in Queensland’s North Bowen Basin, alongside a renewal of its ATP 814 exploration permit. These awards position the company to advance substantial gas resources toward production.