Latest Racing News

Avecho Biotechnology has expanded its pivotal Phase III clinical trial for a CBD insomnia treatment by adding new recruitment sites and partnering with pharmaceutical giant Sandoz to boost patient enrolment and regulatory progress.

Mount Burgess Mining has applied to the Supreme Court of Western Australia for orders to validate previous share sales and extend deadlines for cleansing notices, aiming to shield sellers from civil liability. The hearing is set for 19 May 2025.

Anson Resources has negotiated a pioneering scaled royalty structure for its Green River Lithium Project in Utah, reducing the previous flat 5% rate to a sliding scale tied to lithium prices. This move enhances project viability and investment certainty amid evolving regulatory reforms.

Proteomics International Laboratories has secured a key Chinese patent for its OxiDx oxidative stress test, broadening its intellectual property coverage across major global markets until 2039. This milestone reinforces the company’s position in precision diagnostics for sports and veterinary health.

Lindian Resources reports strong progress on its Kangankunde Rare Earths Project in Malawi, securing multiple financing proposals and advancing construction ahead of schedule. The company targets production in 2026 amid growing global demand for critical minerals.

Aristocrat Leisure reported a robust first half FY2025 with 9% revenue growth and a 6% rise in normalised NPATA, driven by strategic acquisitions and market share gains. The company returned $533 million to shareholders while positioning for sustained growth across its gaming portfolio.

Insignia Financial updates the market on its acquisition talks, revealing Bain Capital's withdrawal due to global market volatility while discussions with CC Capital continue without certainty.

PointsBet Holdings has signaled openness to a new acquisition offer from Betr Entertainment, proposing mutual due diligence to explore potential synergies and share value. The board remains committed to the existing MIXI scheme unless a superior proposal emerges.

Marmota Limited is fast-tracking its Gawler Gold project following a surge in gold prices and promising metallurgical test results, positioning the company for quicker production and revenue.

Chilwa Minerals has validated a significant swarm of carbonatites enriched with rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway and assay results expected soon.

Augustus Minerals has executed a binding agreement to acquire a company holding a contested third in line licence application for the Mt Kare Gold Project in Papua New Guinea, a site with a historic resource of over 2 million ounces of gold. The acquisition positions Augustus to actively pursue tenure in a competitive and complex licensing environment.

NZME Limited has seen a sudden withdrawal of two director nominations by Osmium Partners, reshaping the upcoming board election ahead of the June Annual Shareholders’ Meeting.