Latest Market News

Johns Lyng Group’s acquisition by Sherwood BidCo has been legally approved, triggering a suspension of JLG shares on the ASX. Shareholders are set to receive $4 per share or scrip consideration by late October.

Wildcat Resources has dismissed reports of selling half its Tabba Tabba Project, confirming instead that it is exploring multiple funding avenues to advance the project.

Western Mines Group has raised $3.71 million through a share placement to fund expanded exploration at its Mulga Tank nickel project, signaling renewed investor confidence in the nickel sector.

BKI Investment Company Limited reported a steady financial performance for FY2025, raising its ordinary dividend by 1% to 7.90 cents per share. The company remains confident in maintaining dividends in FY2026, supported by a diversified portfolio and positive economic outlook.

Axiom Properties has secured $1.4 million through an equity placement and plans a strategic rebrand to Axtec, aiming to accelerate growth in real estate technology. Additional convertible note financing is proposed to strengthen the balance sheet further.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Barton Gold Holdings has raised $17.5 million through a placement led by Franklin Templeton and a Share Purchase Plan, aiming to commission its Central Gawler Mill by late 2026 and advance the Tunkillia Gold Project.

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.

Aurora Labs has secured over A$900,000 in contracts with the Australian Defence Force, pushing forward its advanced propulsion systems and additive manufacturing capabilities. A strategic partnership with Sovereign Propulsion Systems aims to integrate these innovations into next-generation unmanned aerial systems.

Aurora Labs has raised $5.5 million through a strategic placement, partnering with Sovereign Propulsion Systems to advance its drone propulsion technology and expand manufacturing capabilities.

BPH Global has initiated new seaweed sampling in the Johor Strait to analyze precious metals and rare earth elements, aiming to enhance its mineral recovery and environmental remediation efforts.

Falcon Metals confirms exceptional high-grade gold intercepts at its Blue Moon project, extending the renowned Bendigo Goldfield. The company accelerates exploration with new drill pads and a second rig, backed by a strong cash position.