Latest Market News

AuMEGA Metals has announced a C$5.35 million capital raising via a flow-through unit offer aimed at advancing its exploration projects in Newfoundland and Labrador. The offer includes shares and warrants, targeting Canadian charity investors with tax incentives.

Timah Resources Limited has agreed to acquire a 40% interest in Malaysian power generator Cash Horse, marking a strategic move to bolster its renewable energy portfolio. The deal, valued at RM31.6 million and payable over ten years, awaits shareholder approval.

Vinyl Group Limited has responded to ASX concerns after confidential details of its Val Morgan Digital acquisition leaked prematurely to the media, prompting a review of its disclosure controls.

Variscan Mines updates the market on earn-in negotiations for its Irish Zinc assets, clarifying no defaults by partners and signalling a revised timeline for key agreement conditions.

Excelsior Capital Ltd has clarified its Special Interim Dividend payment of 241.43 cents per share, fully franked and payable on 20 March 2026, reinforcing its commitment to shareholder returns.

ADX Energy has released an updated assessment of its Welchau well in Austria, revealing a significant increase in prospective gas-condensate and light oil resources. The 2024 drilling results highlight promising reservoir conditions and pave the way for further appraisal.

Zeus Resources Limited has had its trading suspension lifted following an announcement on trenching activities at its Casablanca Antimony Project, signaling renewed market engagement.

Regener8 Resources has acquired 100% of the Srebrenica North Project, a polymetallic silver-lead-zinc asset in a historically rich European mining district, positioning itself amid active regional exploration and production hubs.

Freehill Mining has raised $1.5 million through a discounted share placement to fund exploration of copper-gold projects in Chile and expand its processing capacity.

New Hope Corporation has extended its on-market share buy-back program to March 2027, reinforcing its commitment to capital management and shareholder value enhancement. The continuation remains subject to market conditions and company discretion.

Nova Minerals has signed a Scheme Implementation Deed to redomicile to the US, aiming for a primary NYSE listing while retaining a secondary ASX listing via CDIs. The move seeks to align corporate structure with its Alaskan operations and enhance access to US capital markets.

Reef Casino Trust has issued a second supplementary target’s statement as the takeover bid by Iris Cairns Property Pty Ltd extends to August 2026 due to delayed casino licensing approvals. The board maintains its recommendation for unitholders to accept the offer, pending regulatory outcomes and expert advice.