Latest Strategic Initiatives News

Locate Technologies has successfully raised nearly $400,000 through its ATM facility, bolstering its cash reserves to support growth in its delivery optimisation platforms.

Argosy Minerals has successfully raised $2 million through an oversubscribed placement, signaling strong investor confidence as it advances development at its Rincon Lithium Project and explores strategic opportunities at Tonopah in the USA.

Ramelius Resources has delivered a record-breaking 301,664 ounces of gold in FY25, surpassing guidance and generating robust free cash flow, while advancing its strategic acquisition of Spartan Resources.

Swoop Holdings confirms its support for Vonex Limited’s acquisition by Maxo Telecommunications, planning a full exit that frees capital for new growth opportunities.

Swoop Holdings confirms its support for Vonex Limited’s proposed acquisition by Maxo Telecommunications, planning to vote its 22.8% stake in favour and secure a $6.17 million cash exit.

Butn Limited announces the planned retirement of Co-CEO Walter Rapoport, transitioning him to a Non-Executive Director role by September 2025, marking a significant leadership shift for the fintech.

Tourism Holdings Limited trims its FY25 profit guidance to the lower end of analyst expectations, citing ongoing challenges in global RV sales and a potential goodwill impairment tied to its US operations.

Magnum Mining & Exploration Limited has successfully closed its recent capital raising, securing nearly $2.4 million through a combination of entitlement offer shortfall placement and an additional share placement.

Butn Limited has locked in a $10 million corporate credit facility with Mighty Partners, providing non-dilutive capital to support its expanding receivables book and operational growth.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.

GBM Resources has completed the first tranche of its capital raising, issuing nearly 245 million shares at $0.006 each, while the second tranche and additional securities await shareholder approval.

Coventry Group Limited has appointed Nik Alpert as Acting Group CEO, while announcing the retirement of CFO Rod Jackson and the upcoming appointment of Patrick Maloney as his successor.