Latest Market News

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.

Orbital UAV has entered the Middle East market with a USD 1.1 million order from a UAE sovereign government for its 50HFE propulsion systems and signed a long-term distribution agreement to expand its UAV propulsion presence.

Archer Materials has progressed its Biochip program by completing the alpha prototype and Stage 1 project with IMEC, now advancing to develop a beta prototype suitable for external use and clinical validation.

Mesoblast Limited (ASX:MSB, Nasdaq:MESO) reported net sales of US$30.3 million for its FDA-approved cellular therapy Ryoncil in the March quarter, bringing total revenue since launch close to US$100 million. Strong sales in February and March offset January’s seasonal dip.

Sheffield Resources (ASX:SFX) has provided an update on ongoing debt restructuring negotiations for the Thunderbird Mineral Sands Mine, highlighting operational disruptions and additional working capital support from Yansteel. Uncertainty remains over the successful amendment of senior loan facilities.

Memphasys Limited (ASX: MEM) announced an investor webinar and released an updated presentation detailing its transition from early-stage commercialisation to scaling global revenues, highlighting multi-market sales, recurring cartridge revenue, and regulatory progress.

Xenitra Limited (ASX:XEN) has introduced the OPAL Token and Xen Shop, a blockchain-based digital commerce ecosystem aimed at improving product authentication, customer loyalty, and sales transparency across its Asian FMCG markets.

Cauldron Energy Limited (ASX: CXU) has been included in the BetaShares Global Uranium ETF (ASX: URNM), which currently holds over 15.7 million shares valued at approximately $678,000. This inclusion is expected to increase institutional visibility and broaden investor access amid growing global interest in uranium.

QPM Energy Limited has received credit approval for a $72 million loan from the Northern Australia Infrastructure Facility to support construction of the 112MW Isaac Power Station, complementing existing financing arrangements with Macquarie Bank.

PhosCo Ltd has reported significant phosphate mineralisation from recent drilling at the KM prospect within its Gasaat Phosphate Project in Tunisia, supporting upcoming maiden resource estimates and project optimisation efforts.

Environmental Clean Technologies Limited (ASX: ECT) has broadened its licence with Rice University to apply Flash Joule Heating technology to PFAS-contaminated adsorbents like granular activated carbon, complementing its existing soil remediation platform.

Weebit Nano Ltd (ASX: WBT) has opened a non-underwritten Share Purchase Plan (SPP) offering eligible shareholders in Australia and New Zealand the chance to buy up to A$30,000 worth of shares at A$4.05 each. The company aims to raise up to A$15 million to support the commercialisation of its Resistive RAM (ReRAM) technology.