Latest It Services News

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Vitasora Health has expanded its partnership with The Physician Alliance Corporation from a pilot to a multi-year value-based care contract covering up to 15,000 Medicare patients, unlocking significant new revenue streams tied to patient outcomes.

Butn Limited has locked in a $10 million corporate credit facility with Mighty Partners, providing non-dilutive capital to support its expanding receivables book and operational growth.

Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.

Aquirian Limited has secured $5 million in fresh capital to upgrade its Wubin emulsion facility and accelerate commercialization of its innovative Collar Keeper® technology, alongside a new $1.5 million tolling contract.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.

Engenco Limited’s shares will be suspended from trading following compulsory acquisition notices issued by Elph Investments, signaling a major shift in ownership.

Inventis Limited has placed its commercial furniture division into voluntary administration, triggering a default event with its lender and prompting negotiations on financial restructuring.

Silk Logistics Holdings and DP World Australia have agreed to push back the deadline for their acquisition deal, awaiting a key regulatory decision from the ACCC.

Andromeda Metals has launched a $5 million capital raising via a Placement, accompanied by Placement and Broker Options, to advance its flagship Great White Project and High Purity Alumina development.

Epsilon Healthcare and its subsidiaries have officially exited voluntary administration and Deeds of Company Arrangement, marking a pivotal recovery milestone supported by significant personal commitments from the new board. The company now shifts focus to strategic growth and rebuilding trust.

State Street Global Advisors has announced a substantial cash distribution for the SPDR S&P/ASX 200 ESG ETF, reflecting the fund’s income and tax attributes for the year ending June 2025.