Latest Lead News

SciDev Ltd has completed a strategic review addressing past underperformance and is refocusing on an integrated water solutions platform targeting core markets. The company confirmed FY26 guidance with revenue of $82 to $87 million and underlying EBITDA of approximately $4 million, while maintaining a sound balance sheet.

1414 Degrees (ASX:14D) has partnered with European space company Orbit Boy to test its SiNTL silicon-anode battery technology for satellite and rocket applications, aiming to break into the growing space battery market.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

Somerset Minerals (ASX:SMM) is ramping up exploration at its Coppermine copper project in Nunavut, Canada, with thick, high-grade copper intercepts at Jura and a major 17 km Talisker anomaly set for maiden drilling from July 2026.

Stealth Group Holdings has posted record preliminary FY26 results, driven by strong organic growth and the transformative acquisition of Hardware & Building Traders (HBT). The company remains on track for its ambitious FY28 sales and EBITDA margin targets.

Symal Group is set to significantly boost its defence and resources contracting presence through the $51 million acquisition of Shamrock Civil, a Queensland-based contractor with a $315 million pipeline dominated by defence projects.

Bounty Oil & Gas has finalised the first tranche of a $4 million share placement and converted $200,000 of debt into shares, bolstering its capital for drilling and development across Australian oil and gas projects.

Racura Oncology has raised $34.3 million through shareholder-backed initiatives, securing funding for its lead asset RC220’s clinical trials in AML, EGFRm lung cancer, and cardioprotection in solid tumour patients.

Hydrix Limited has secured $5.22 million from its retail entitlement offer, leaving nearly $3 million in entitlements unsold, which will be offered separately under a shortfall offer managed by Peak Asset Management.

Spenda Limited has launched the retail component of its $8.545 million accelerated entitlement offer, aiming to recapitalise, reduce debt, and support product development. Eligible shareholders can subscribe for 7 new shares per existing share, with free attaching options exercisable until 2031.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Amara Minerals has raised $2.2 million through a placement priced 25% above its last trade, with cornerstone investor Nova Minerals increasing its holding by $500,000. The funds will accelerate drilling at Victorian gold-antimony projects following promising assay results.