Latest Market News

The Takeovers Panel has modified its restrictions on ARN Media’s voting rights over Southern Cross Media shares, gradually lifting limitations starting July 2025. This change reshapes the shareholder voting landscape ahead of key resolutions.

Loyal Metals Ltd has had its trading suspension lifted immediately after announcing a proposed acquisition and addressing a price query, signaling renewed market activity.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Loyal Metals Limited has addressed unusual trading activity by announcing its acquisition of an option on the Highway Reward Copper Gold Mine, following an ASX price query and a trading halt.

Loyal Metals has secured a binding option to acquire the Highway Reward Copper Gold Mine, one of the world’s highest-grade copper assets, marking a significant step in its 2025 plan to expand into copper amid soaring commodity prices.

Trigg Minerals Limited has had its trading suspension lifted following the release of a material capital raise announcement, signaling renewed investor interest and potential growth opportunities.

Trigg Minerals has raised A$12.5 million from institutional and strategic investors to accelerate development of its Antimony Canyon Project in Utah, positioning itself as a key supplier in the US critical minerals market amid soaring antimony prices.

SportsHero Limited has inked major partnerships with leading Southeast Asian telcos, including a US$1 million contract with the Philippines’ PLDT, to expand its cloud-based gaming platform across the region.

Macarthur Minerals has updated the timetable for its pro-rata renounceable rights issue, providing shareholders with more time to participate in the A$2 million capital raise. The offer terms remain unchanged as the company awaits regulatory approval for a supplementary prospectus.

The Takeovers Panel has introduced a phased lifting of voting restrictions on ARN Media’s 6.83% stake in Southern Cross Media, allowing incremental voting rights restoration starting July 2025 amid a contested board spill.

Universal Biosensors will lift its trading suspension following the announcement of a non-binding term sheet for a senior secured loan facility, signaling a potential boost to its financial position.

BPH Global has launched a focused R&D collaboration with Temasek Polytechnic to develop seaweed-based bio-stimulants aimed at boosting growth and yields in Southeast Asia's oil palm and rice sectors. Early talks are also underway for a production facility in Indonesia to commercialize these innovations.