Latest Lead News

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.

Alliance Aviation Services has entered a $32.5 million deal to sell the majority of its Embraer E190 spare parts inventory to AVIAN Management, marking a strategic partnership that enhances fleet support across the Asia-Pacific region.

Iltani Resources has successfully closed a Share Purchase Plan raising $965,000 and secured an additional $200,000 via a private placement, bringing total recent capital raised to nearly $3 million. These funds will fuel exploration at its promising Orient Silver-Indium Project and other ventures.

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.

Reece Limited projects FY25 EBIT between A$548m and A$558m, citing ongoing softness in housing markets across Australia, New Zealand, and the US, alongside rising competition in its key US residential construction segment.

Ragusa Minerals is raising $427,200 through a discounted share placement aimed at sophisticated investors, with free attaching options pending shareholder approval.

DXN Limited has secured a $1.6 million contract with Ventia to deploy its innovative StructCore prefabricated indoor data centre solution for a major Australian telecommunications provider, marking a strategic expansion into a new market segment.

North Stawell Minerals reports promising high-grade gold intercepts at its Darlington target within the Stawell Mineralised Corridor, backed by a $3.6 million capital raise to accelerate exploration.

Duxton Farms announces a transformative merger with four private agricultural companies, alongside a $4 million fully underwritten placement and a special dividend, aiming to significantly expand its asset base and diversify its portfolio.

Kinterra Capital has announced an all-cash $204 million takeover bid for New World Resources, offering a significant premium over a rival bid and recent trading prices. The move positions Kinterra to potentially gain full control of NWR, reshaping the company’s future.

QuickFee Limited has successfully completed an oversubscribed Share Purchase Plan, raising a total of A$1.532 million alongside a recent placement, positioning the fintech for accelerated loan book expansion in the US and Australia.