Latest Market News

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Stellar Resources has uncovered a new high-grade tin lode 60 meters beneath its existing Severn deposit, setting the stage for a resource upgrade and advancing its Heemskirk Tin Project development.

Provaris Energy has successfully raised $1.325 million through an oversubscribed placement, aiming to advance its 2026 development milestones in hydrogen and carbon dioxide storage technologies.

Reach Resources has announced promising assay results from its latest drilling at the Blue Heaven deposit, revealing multiple high-grade gold lodes extending beyond historic workings and current resource boundaries. These findings bolster the potential for resource expansion and underpin plans for updated mining studies.

Little Green Pharma Ltd (ASX: LGP) has proposed a full acquisition of Cannatrek Ltd via a scheme of arrangement, creating a vertically integrated medicinal cannabis group with pro forma FY26 revenues exceeding AUD 100 million. The scheme, supported by an independent expert, offers liquidity and strategic growth opportunities amid regulatory and market risks.

Ovanti Limited has terminated its SPAC transaction with Miluna Acquisition Corp, shifting focus to alternative NASDAQ listing opportunities better aligned with its U.S. expansion strategy. The company is strengthening leadership and accelerating its U.S. growth plans.

Dicker Data Limited has updated its dividend announcement to include the Dividend Reinvestment Plan (DRP) price, offering shareholders a 1% discount on reinvested dividends for the quarter ending December 2025.

Insurance Australia Group has updated its dividend announcement to include key pricing details for its Dividend Reinvestment Plan, confirming a fully franked payout with no discount on reinvestment shares.

The Lottery Corporation is reshaping its executive team and operating model to sharpen focus on digital expansion and local market growth, effective July 2026.

Magellan Financial Group has applied for quotation of over 15 million new shares following a recent transaction, alongside announcing a $20 million Share Purchase Plan targeting further capital raising.

Rimfire Pacific Mining’s latest drilling confirms significant scandium mineralisation at the Malamute Prospect within the Rabbit Trap Project, underpinning a strategic acquisition decision.

Pioneer Credit has raised its FY26 net profit after tax guidance to at least $23 million, driven by significant interest savings from repricing its debt facilities. This marks a notable upgrade reflecting stronger earnings and a healthier capital structure.