Latest Market Capitalization News

Seven West Media shareholders are preparing to vote on a scheme of arrangement for acquisition by Southern Cross Media Group, with the Seven board unanimously recommending approval. The merger promises significant cost synergies and a stronger combined media platform.

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

WCM Global Growth Limited reported a robust FY2025 with net profit soaring to $69.5 million and a 31% portfolio return, prompting increased dividends and a successful $76.7 million capital raise.

HMC Digital Infrastructure Ltd’s DigiCo REIT has surpassed its IPO guidance with strong growth in contracted IT capacity and accelerated development projects in Australia and the US, positioning itself for a $180 million EBITDA run-rate by July 2026.

Eagle Mountain Mining has successfully raised $3.56 million through a placement and entitlement issue, aiming to accelerate exploration and business development in its Arizona copper-gold projects.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

An independent expert report from Kroll Australia affirms the proposed merger between Southern Cross Media Group and Seven West Media is fair and in the best interests of Southern Cross shareholders, setting the stage for a major consolidation in Australian media.

Charger Metals NL has reported a maiden inferred lithium resource of 8.2 million tonnes at its Lake Johnston project, backed by Rio Tinto's $1.1 million exploration funding. A new drilling program is underway, aiming to expand lithium and gold prospects in Western Australia.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.

State Gas Limited is on the cusp of securing its first 2P Reserve certification for the Rolleston West Project, while progressing its innovative High Density Natural Gas technology despite financial and operational hurdles.

Jameson Resources has made significant strides in advancing its Crown Mountain Hard Coking Coal Project, progressing environmental assessments and Indigenous partnerships while securing fresh capital to support development.

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.