Latest Growth Initiatives News

Tyro Payments has stepped back from its proposed acquisition of Smartpay after the latter entered an exclusivity agreement with another bidder offering NZ$1.20 per share. This move halts Tyro's due diligence and merger plans, reshaping the competitive landscape in the payments sector.

Codeifai Limited has raised $250,000 through unsecured convertible loans, positioning the company to accelerate platform development and marketing ahead of its upcoming AGM.

Anagenics Limited has reported a net profit before tax of $138,000 for the quarter ended March 31, 2025, marking a significant turnaround following recent restructuring efforts. Despite a temporary revenue setback due to a warehousing transition, the company’s operating cash flow improved markedly.

Capstone Copper delivered a standout first quarter in 2025 with record sulphide copper output and adjusted EBITDA more than doubling year-over-year, underpinning its confidence in meeting full-year guidance and advancing key growth projects.

Pantoro Gold is set to become debt free by repaying its US$6.26 million Convertible Loan Facility ahead of schedule, reducing shareholder dilution and saving on interest payments.

HITIQ Ltd has successfully completed a $680,000 placement and launched a $2.92 million rights issue, positioning the company to fund its strategic shift towards the consumer market and expand its footprint in the US.

Alice Queen Limited has voluntarily suspended trading of its shares on the ASX as it finalises a proposed capital raising, with an announcement expected by 5 May 2025.

Sparc Technologies has successfully raised up to A$2.7 million through a share placement and a Share Purchase Plan, positioning the company to accelerate commercialisation of its graphene additive ecosparc and support its green hydrogen pilot projects.

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.

Amcor has completed its transformative merger with Berry Global ahead of schedule, reporting steady Q3 fiscal 2025 results and setting ambitious synergy targets that promise to reshape its growth trajectory.

Mighty Kingdom Limited reports a positive operating cash inflow and significant cost reductions in Q3 FY25, alongside leadership changes and a $3.35 million capital raise underway to fuel growth.

Anax Metals reports strong progress at its Whim Creek Copper-Zinc Project, confirming high copper and zinc recoveries via scaled-up bioleaching tests and advancing negotiations with multiple strategic partners. A new tenement application near a major gold deposit further expands its Pilbara footprint.