Latest Technology News

Activeport has successfully closed a $6.1 million capital raise, including a significant placement to new institutional investor MWP Partners, positioning the company for accelerated growth in the global telecommunications and data centre software markets.

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.

Nimy Resources has addressed an ASX inquiry regarding recent spikes in its share price and trading volume, confirming no undisclosed information but highlighting ongoing work on its maiden JORC Exploration Target for gallium.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Andromeda Metals has secured a $2.34 million R&D tax refund for the 2024 financial year, reinforcing its funding strategy and underpinning development of the Great White Project.

PolyNovo Limited reports a robust 22.8% revenue increase in 1H FY25, driven by strong U.S. and international sales growth and progressing FDA approval efforts for its NovoSorb platform.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.

Rapid Lithium Limited has revised payment terms for its Ingersoll Project acquisition and opted out of a previously planned deal with Patriot Lithium, sharpening its focus on lithium exploration and a new gallium-germanium project.

Vonex Limited has terminated its proposed scheme with Maxo Telecommunications amid shareholder opposition, while MaxoTel’s 4.4c cash offer will close on January 28, 2025. The Vonex Board recommends shareholders accept MaxoTel’s offer and reject Swoop Telecommunications’ conditional scrip bid.

RLF AgTech has secured a strategic trading agreement with National Rural Independent Ltd, enabling distribution of its crop nutrition products through 152 stores nationwide, marking a pivotal step in its Australian market expansion.

Artrya Limited has responded to an ASX price query following a notable surge in its share price, confirming no undisclosed information and adherence to continuous disclosure rules.

Connexion Mobility reports robust Q2 FY25 results with revenue and net profit surging, driven by subscription growth and strategic product launches. The company’s focus on user engagement and marketplace expansion signals promising long-term shareholder value.