Latest Market News

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

Solstice Minerals is set to commence a maiden 5,000m drilling program at its Nanadie Copper-Gold Project in Western Australia, aiming to significantly expand its current mineral resource. The initial phase targets lateral and depth extensions of a substantial copper-gold system with promising geological indicators.

Peninsula Energy has updated its prospectus to announce the appointment of Tejal Magan as a Non-executive Director, enhancing its governance ahead of ongoing equity offers.

Zeotech Limited has locked in a binding five-year offtake agreement with MSI, granting exclusive marketing rights for its kaolin products across key Asian markets. This deal, valued at approximately AUD 204 million, sets the stage for early cash flow generation and advancement of its low-carbon concrete additive project.

Belararox Limited has raised A$8.5 million through a two-tranche placement to accelerate copper exploration at its high-potential projects in Botswana and Argentina, setting the stage for a busy drilling and geophysics campaign.

TT Investments, led by Executive Chairman Tony Pitt, has initiated an unconditional off-market takeover offer for 360 Capital Group at $0.30 per security, representing a substantial premium to historical trading prices. The bid aims to consolidate control and may lead to delisting if ownership thresholds are met.

Bioxyne Limited has secured import permits and purchase orders worth A$5.1 million for medical cannabis in Germany, signaling strong early traction in a key European market.

Yari Minerals has raised $1.5 million through a share placement to fund its first drilling campaign at the South Rolleston Coal Project, aiming to upgrade its coal resource classification and confirm metallurgical quality.

OMG Group has significantly expanded its Oat Milk Goodness PrOATein ready-to-drink range to nearly 1,000 Woolworths stores nationwide, backed by a recent $2 million capital raise and plans for new product launches.

Actinogen Medical has reached a pivotal agreement with the US FDA outlining the regulatory and clinical trial requirements for Xanamem’s approval in Alzheimer’s disease, setting a clear path toward a US marketing application.

Clara Resources has upgraded the Ashford coking coal project’s resource classification to Measured status, reinforcing confidence in the deposit and setting the stage for a Pre-Feasibility Study to validate mining and financial assumptions.

MaxoTel has locked in a business finance agreement with Westpac to fund its proposed acquisition of Vonex shares, reinforcing the path to a shareholder vote on the scheme. Vonex’s independent directors continue to recommend approval, pending no better offers and expert endorsement.