Latest Market News

Regal Partners estimates at least $35 million in performance fee revenue for the first half of 2025, driven by strong global equity strategies and diverse alternative funds. The full half-year results will be released on 25 August.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Cobalt Blue Holdings has secured a three-year extension to its Major Project Status for the Broken Hill Cobalt Project, reinforcing its strategic importance to Australia’s critical minerals sector and enhancing development prospects.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

AMP Limited is set to defend itself against a new class action alleging inflated life insurance premiums and a separate dispute over a major property sale, signaling potential challenges ahead for the financial services giant.

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.

PlaySide Studios’ upcoming game MOUSE – P.I. For Hire has crossed the 1 million wishlist mark on Steam, signaling strong anticipation ahead of its 2025 release. Featuring acclaimed actor Troy Baker, the title is shaping up as a key revenue driver for the company.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Anax Metals has mutually withdrawn its arbitration against a cornerstone investor over exclusive marketing rights, keeping its convertible notes valid and avoiding immediate financial disruption.

Constellation Resources has revealed compelling seismic and geochemical evidence indicating large-scale natural hydrogen potential in its Edmund-Collier project in Western Australia. The findings highlight promising organic-rich formations and fault structures that could underpin future hydrogen exploration.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Flynn Gold has initiated its first diamond drilling campaign at the newly discovered Grenadier Prospect in Northeast Tasmania, targeting high-grade gold zones identified through recent trench sampling. Concurrently, drilling at the Trafalgar Prospect confirms mineralisation extensions, with further assay results awaited.