Latest Market News

Openn Negotiation Ltd has successfully exited voluntary administration following creditor approval of a recapitalisation plan, supported by an interest-free loan from its major shareholder. Despite no substantive business activity this quarter, the company now has over two quarters of funding runway.

Tennant Minerals announces CEO Vincent Algar's resignation effective July 31, with Algar transitioning to a consulting role as the company advances key copper-gold projects.

Sky Metals reports a highly successful drilling campaign at its Tallebung Tin Project, revealing significant new high-grade tin zones and expanding the deposit footprint. The company advances metallurgical testing and environmental studies to support upcoming mining approvals.

Rewardle Holdings Limited remains suspended from ASX trading due to prolonged delays in lodging financial reports, with the exchange warning of imminent delisting unless compliance is demonstrated by mid-September.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

H&S Group has exercised performance options to increase its stake in Nuchev Limited to 48.62%, injecting $1.9 million and enhancing Nuchev’s financial flexibility for growth.

Austin Metals has agreed to sell its Broken Hill exploration licenses to Kingfisher Mining for $400,000, marking a strategic shift to focus on its Western Australian gold projects.

Strike Resources signals potential for an additional A$5 million capital raise through oversubscriptions, pending board approval, with new shares under Tranche 2 set to follow the Share Purchase Plan issuance.

Kingfisher Mining has secured a strategic portfolio of copper, gold, silver, lead, and zinc projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Kingfisher Mining has secured a strategic portfolio of copper-gold and base metal projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Comet Ridge Limited has independently certified 51.8 PJ of 2P gas reserves and 118.5 PJ of 3P reserves at its 100% owned Mahalo East Project, significantly expanding its gas portfolio in Queensland’s Bowen Basin. This milestone advances the Mahalo Gas Hub’s potential as a key new gas supply region for Australia’s east coast.

Pantera Lithium Limited has agreed to sell its Smackover Lithium Project subsidiary to Energy Exploration Technologies Inc. for A$40 million, significantly strengthening its financial position and strategic exposure to U.S. lithium assets.