Latest It Services News

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DTI Group has delivered the initial batch of hardware for the Adelaide Metro Trams PACIS upgrade, marking a key milestone in its transit technology contract. The company reported $1.6 million in receipts for the quarter, alongside a modest cash balance of $347,000.
Sophie Babbage
Sophie Babbage
30 Apr 2025
Savannah Goldfields is gearing up to restart gold production by July at its Georgetown and Agate Creek projects, bolstered by a $5.7 million capital raise and the appointment of a seasoned mining CEO.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Stakk Limited reports a staggering 2,533% quarter-on-quarter increase in annual recurring revenue to $472k, fueled by its acquisition of US-based Radical DBX and rapid expansion in Embedded Finance across Australia and the US.
Victor Sage
Victor Sage
30 Apr 2025
Rare Foods Australia has secured shareholder approval to voluntarily delist from the ASX, while implementing significant cost reductions and achieving record growth in its Subsea Estate wine brand.
Eva Park
Eva Park
30 Apr 2025
HITIQ Limited is pivoting towards grassroots athletes with its upcoming PROTEQT concussion management system, backed by strategic partnerships and fresh funding. The company aims for a cashflow positive future as it prepares for commercial rollout.
Victor Sage
Victor Sage
30 Apr 2025
Highfield Resources has made significant progress on its strategic transaction with Yankuang Energy and Beijing Energy, securing key regulatory approvals and restructuring its financing amid disciplined cost management.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Corella Resources has successfully completed a fully underwritten rights issue raising $935,487, positioning the company to advance exploration at its Tampu Project and consider new opportunities.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Asra Minerals has completed a comprehensive target generation exercise at its Leonora Gold Projects, identifying 26 priority drill-ready gold targets and securing regulatory approval to commence drilling in Q2 2025. The company also strengthened its balance sheet with a $3 million placement and asset sale proceeds.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Qualitas Real Estate Income Fund (QRI) has announced its April 2025 distribution, delivering a 7.60% annualised return based on its forecast net tangible asset value. The fund continues to focus on Australian real estate loans secured by mortgages, underpinning its income strategy.
Eva Park
Eva Park
30 Apr 2025
Cokal Limited advanced its Indonesian metallurgical coal projects in Q1 2025 with key financing secured by joint venture partner PT Petrindo, completion of critical infrastructure, and a strategic US$7 million prepayment facility. These developments underpin Cokal’s strategy to ramp up production while reducing costs amid challenging market conditions.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Rubix Resources Limited has advanced its exploration agenda with a $275,000 grant awarded to test the chargeability anomaly at its Grunter prospect, part of the Paperbark project. The company reported a solid cash position of $1.46 million at the end of March 2025, underpinning ongoing activities across multiple projects.
Maxwell Dee
Maxwell Dee
30 Apr 2025