Latest Market News

Opyl Limited has taken a bold step into digital assets by acquiring approximately 2 Bitcoin and securing a $2 million finance facility backed by these holdings, signaling a strategic pivot towards blockchain integration in healthcare technology.

Xero has completed a significant A$1.85 billion institutional placement to fund its acquisition of Melio, aiming to enhance its accounting and payments platform in the US market. A complementary A$200 million Share Purchase Plan will offer retail investors a chance to participate.

Patriot Battery Metals has initiated work programs to unlock tantalum as a high-value by-product at its Shaakichiuwaanaan lithium project in Quebec, which ranks among the world’s top five tantalum pegmatite resources. Initial testwork shows promising recovery potential using conventional methods without impacting lithium extraction.

X2M Connect Limited has secured over $5.5 million in new South Korean contracts for remote water metering, signaling strong momentum heading into FY26. The company’s expanding customer base and addressable market highlight its growing influence in the Asia-Pacific IoT sector.

Alkane Resources has moved forward with its planned merger with Mandalay Resources, scheduling shareholder meetings for late July to approve the deal that would create a diversified Australian-focused gold and antimony producer.

Bailador Technology Investments has updated its portfolio valuations, revealing strong gains in key holdings and a projected gross return of 32.8% for FY25. However, one investment saw a significant decline, tempering overall optimism.

Paradigm Biopharmaceuticals has acquired Proteobioactives, securing global rights to an oral combination therapy targeting early-stage osteoarthritis in humans and animals, complementing its injectable PPS phase 3 program.

Singular Health Group has completed a $7.85 million capital raising through a new share issue, alongside additional funds from option exercises, strengthening its financial position for growth in medical imaging technology.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

Strike Energy unveils a strategic pivot focusing on gas-fired power and upstream gas projects to underpin Western Australia’s energy transition and deliver shareholder value.

Stellar Resources reports strong new tin drill results at Queen Hill, supporting resource upgrades and advancing the Heemskirk project towards production readiness.

Brightstar Resources has announced maiden Ore Reserves for its Second Fortune and Fish underground mines, underpinning FY26 production under a key Ore Purchase Agreement with Genesis Minerals. The company also signals significant exploration upside and an imminent Definitive Feasibility Study that could expand its footprint in the WA Goldfields.