Latest Investor Confidence News

Rhythm Biosciences has clarified inconsistencies in its disclosures around termination events in its underwriting agreement for RHYO options, following an ASX query. The company acknowledged an incomplete initial summary and administrative oversights but confirmed the agreement remains in full effect.

Holista Colltech’s shares remain suspended on the ASX following a trading halt linked to ongoing legal issues with ProImmune Company LLC, with no resolution in sight.

Universal Store Holdings has announced the retirement of long-serving CEO Alice Barbery, with George Do stepping up as her successor from November 2026. Barbery will remain engaged as a Non-Executive Director and consultant, ensuring continuity amid leadership change.

African Gold Ltd shareholders and optionholders overwhelmingly approved schemes of arrangement to be acquired by Montage Gold Corp, setting the stage for a court approval hearing next week.

TZ Limited has raised $810,000 through a placement of 16.2 million shares at 5 cents each, with one free attaching option per share subject to shareholder approval.

NT Minerals targets ASX reinstatement by acquiring the Endeavour Project via Slipstream Paynes Find, backed by a $810,000 entitlement offer and a planned share consolidation.

Solstice Minerals has successfully closed a $32.6 million placement and raised an additional $0.81 million through option exercises, issuing nearly 35 million new shares now available for immediate trading.

Stavely Minerals has locked in A$4 million through a heavily oversubscribed placement, backing its upcoming Thursday’s Gossan Scoping Study and exploration programs. The raise underscores investor confidence ahead of key milestones.

Kingsgate Consolidated delivered over 21,000 ounces of gold in the March quarter, marking its fifth consecutive quarter above this threshold, while cash reserves rose nearly 20% to A$213 million.

DGL Group Limited (ASX: DGL) posted a statutory net loss of $12.8 million for the half year ended December 2025, impacted by non-cash write downs and operational costs, while progressing strategic initiatives including warehouse expansion and a new liquid waste treatment plant.

Electro Optic Systems Holdings Limited (ASX: EOS) has responded to ASX queries confirming that non-executive director Robert Nicholson’s on-market purchase of shares complied with the company’s trading policy and ASX Listing Rules. The trade occurred prior to the public announcement of significant US defence contracts.

Magellan Financial Group Ltd (ASX:MFG) has moved closer to fully acquiring Barrenjoey Capital Partners, proposing to increase its ownership to 100% through a share issuance. The transaction, valued at approximately A$1.6 billion, has received positive market response and awaits shareholder and regulatory approvals.