Latest Investor Confidence News

Percheron Therapeutics has licensed HMBD-002, a promising immuno-oncology monoclonal antibody targeting VISTA, from Hummingbird Bioscience, marking a strategic pivot after recent setbacks. The company plans to initiate phase II trials in 2026, aiming to advance this novel cancer therapy toward commercialisation.

Bowen Coking Coal Limited’s shares have been suspended from trading after missing a critical deadline to update the market on its funding efforts, casting uncertainty over its operational future.

xReality Group has raised $2 million through a discounted share placement to fuel the international expansion of its Operator XR virtual reality training platform, targeting law enforcement and military sectors.

Bannerman Energy has successfully raised A$85 million through a placement to institutional investors, bolstering its cash reserves as it advances the Etango uranium project towards a Final Investment Decision.

MTM Critical Metals has raised A$50 million through a well-supported institutional placement to accelerate the rollout of its proprietary Flash Joule Heating technology in the U.S. This capital injection marks a pivotal step in MTM’s transformation into a U.S.-focused clean technology company.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

Electro Optic Systems Holdings Limited has explained a delayed filing of a director interest notice as an administrative oversight, affirming its compliance processes remain robust.

Noumi Limited has received Victorian Supreme Court approval for its $43 million class action settlement, closing a significant chapter tied to past financial restatements. The company’s insurer will cover its $11.56 million contribution, while legal costs will impact FY25 results.

Inventis Limited has requested a voluntary suspension of its shares on the ASX to finalize an important announcement following regulatory queries. The suspension will last until the announcement is released or trading resumes on 27 June 2025.

MA Credit Income Trust has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite and positioning the trust for expanded private credit investments.

Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.

High-Tech Metals Limited has appointed Tyler Formica to its board following a $2.5 million capital raise, while the company begins its search for a new CEO after not extending Warren Thorne's contract.