Latest Options News

Wide Open Agriculture has achieved a breakthrough in lupin protein production, slashing energy consumption by up to 80% and halving processing time in a recent commercial-scale trial. These efficiency gains pave the way for more cost-effective, scalable manufacturing.

Firebrick Pharma has raised $0.2 million in a placement well below its $1.6 million target, prompting a review of its expansion and product development plans for Nasodine.

A critical system error by Computershare led to the exclusion of key proxy votes in PointsBet's shareholder scheme meeting, causing the acquisition resolution by MIXI to fail.

Paradigm Biopharmaceuticals has acquired Proteobioactives, securing global rights to an oral combination therapy targeting early-stage osteoarthritis in humans and animals, complementing its injectable PPS phase 3 program.

Singular Health Group has completed a $7.85 million capital raising through a new share issue, alongside additional funds from option exercises, strengthening its financial position for growth in medical imaging technology.

Coda Minerals reports a metallurgical breakthrough at its Elizabeth Creek project, achieving copper recoveries up to 95.9% and silver recoveries of 97.3% using whole-ore leach techniques, promising significant cost savings and project simplification.

Power Minerals has completed a 2,272-metre drilling program at its Santa Anna niobium-REE-gallium project in Brazil, advancing its due diligence ahead of a potential acquisition. Results expected in July could pave the way for a maiden resource estimate.

Elders Limited has updated its dividend details for the six months ending March 2025, confirming an 18-cent per share payout, half of which is franked, with a Dividend Reinvestment Plan offering a 1.5% discount.

Ioneer Ltd has launched a non-underwritten Share Purchase Plan (SPP) aiming to raise up to A$5 million, offering eligible shareholders in Australia and New Zealand the chance to buy shares at the same price as a recent institutional placement.

La Trobe Financial Asset Management has launched a Distribution Reinvestment Plan (DRP) for its Private Credit Fund, offering unitholders a streamlined way to reinvest cash distributions into additional units without brokerage fees.

Sayona Mining Limited and Piedmont Lithium Inc. have agreed to merge, creating a leading North American lithium producer with complementary assets and a balanced ownership structure. The merger, subject to regulatory and shareholder approvals, aims to unlock significant synergies and strengthen the combined company’s financial position.

Macarthur Minerals has acknowledged breaching ASX conditions by issuing equity securities without approval and will seek shareholder consent to amend terms and comply with listing rules.