🕒 Friday 24 January 2025 Fri, 24 Jan 2025
138 Articles
Amcor to Acquire Berry Global in $9.9B All-Stock Merger, Creating Global Packaging Leader
Amcor plc and Berry Global Group, Inc. have entered into a definitive all-stock merger agreement, positioning the combined entity as a global leader in consumer and healthcare packaging with expected annual synergies of $650 million.
24 Jan
Victor Sage
Conrad Asia Advances Mako and Aceh Gas Projects Amid Regulatory Delays
Conrad Asia Energy reports solid progress in Q4 2024 with finalized gas sales agreements and promising LNG studies, despite delayed final investment decisions due to regulatory approvals.
24 Jan
Maxwell Dee
Coventry Group Navigates ERP Upgrade, Eyes Profitable Growth in FY25
Coventry Group reports a slight dip in H1 FY25 sales but manages a modest EBITDA increase, buoyed by a successful ERP upgrade and strategic growth initiatives.
24 Jan
Victor Sage
Amcor and Berry Global Advance Merger with Joint Proxy Filing and Shareholder Vote Set
Amcor plc and Berry Global Group have filed their definitive joint proxy statement with the SEC, marking a key milestone in their planned all-stock merger. Shareholder meetings are scheduled for February 25, 2025, as the companies aim to create a global packaging powerhouse.
24 Jan
Victor Sage
Sparc Technologies Advances Hydrogen Pilot and Secures Key Patent
Sparc Technologies has committed to Stage 2 of its hydrogen joint venture, secured a pioneering patent in Morocco, and progressed graphene additive trials, signaling momentum in its clean energy and materials innovation.
24 Jan
Victor Sage
Tamboran Kicks Off Largest Stimulation Campaign in Beetaloo Basin
Tamboran Resources has launched a major hydraulic stimulation campaign for its SS-2H ST1 and SS-3H wells in the Beetaloo Basin, deploying advanced Liberty Energy equipment to boost production efficiency and support Northern Territory energy supply.
24 Jan
Maxwell Dee
Paradigm Biopharma Boosts Cash by $6.3M to Power Osteoarthritis Trial
Paradigm Biopharmaceuticals has secured a $6.3 million R&D Tax Incentive refund, lifting its cash reserves to $31 million and reinforcing its push into Phase 3 osteoarthritis clinical trials.
24 Jan
Victor Sage
Barton Gold Holdings Faces $1.74M Cash Drain Amid $7M Reserve
Barton Gold Holdings reported a $1.74 million net cash outflow from operations in Q4 2024, ending the quarter with $7.01 million in cash and equivalents. The company’s available financing facilities and cash runway suggest cautious optimism for sustaining exploration activities.
24 Jan
Maxwell Dee
Barton Gold Advances with $5M Gold Sale and Expansive Drilling Programs
Barton Gold Holdings reports a robust December quarter marked by a $5 million gold sale, extensive drilling at Tunkillia and Tarcoola projects, and a strong cash position heading into 2025.
24 Jan
Maxwell Dee
Kogan.com Accelerates Growth Despite Mighty Ape Tech Hurdles in 1HFY25
Kogan.com reports robust first-half FY25 results with double-digit growth in sales and profits, driven by strategic marketing and a major digital upgrade at Mighty Ape despite initial setbacks.
24 Jan
Logan Eniac
WA Resources Advances Luni Niobium Project with Strong Drilling and Metallurgical Gains
WA Resources Ltd reports significant progress in its West Arunta Project, delivering promising drilling results and metallurgical testwork that pave the way for an updated Mineral Resource estimate in 2025.
24 Jan
Maxwell Dee
Matsa Resources Unveils 46,000oz Maiden Reserve at Devon Pit Gold Mine
Matsa Resources has announced a maiden gold reserve of 46,000 ounces at its Devon Pit Gold Mine, supported by a robust pre-feasibility study and all necessary permits, positioning the company for near-term production.
24 Jan
Maxwell Dee
Top Shelf International Sells Campbellfield Facility for $8 Million, Eyes Debt Reduction
Top Shelf International Holdings Ltd has agreed to sell its Campbellfield production assets to Idyll Wine Co for $8 million, aiming to streamline operations and reduce debt. The deal paves the way for a new co-packing partnership post-sale.
24 Jan
Victor Sage
IGO Halts Kwinana Plant 2, Signals Major Impairment Ahead
IGO Limited has ceased all work on Lithium Hydroxide Plant 2 at its Kwinana Refinery, anticipating a substantial impairment loss in its upcoming half-year financial results.
24 Jan
Maxwell Dee
SomnoMed Posts Positive Operating Cash Flow, Strengthening Financial Position
SomnoMed Limited reported a solid cash flow performance for Q4 2024, with operating activities generating a net inflow of $1.525 million and ending the quarter with $18.5 million in cash reserves.
24 Jan
Ada Torres
SomnoMed Surges 20% in Q2, Raises FY25 Revenue Target to $105M
SomnoMed reports a robust 19.8% revenue increase in Q2 FY25 and updates its full-year guidance, reflecting strong demand and operational improvements amid ongoing production enhancements.
24 Jan
Ada Torres
International Graphite Secures $4.5M for WA’s First Graphite Micronising Plant
International Graphite advances its vision of a fully integrated graphite supply chain in Western Australia, securing significant government funding and delivering promising drilling and testwork results at its Springdale project.
24 Jan
Maxwell Dee
Stockland Sets Dividend at 8 Cents with DRP Price at $4.88
Stockland updates its dividend distribution details, confirming an 8 cent per security payout and announcing the Dividend Reinvestment Plan price ahead of the February payment date.
24 Jan
Eva Park
DevEx Advances Uranium Exploration with New Tenements and Drilling Insights
DevEx Resources reports significant progress in its uranium exploration projects at Nabarlek and Murphy West, with new tenement applications nearing grant and ongoing evaluation of high-grade drilling results.
24 Jan
Maxwell Dee
Pacific Smiles Confirms Strong Growth and CFO Transition Amid Genesis Capital Control
Pacific Smiles Group reports robust patient fee growth of over 9% year-on-year and reaffirms FY25 guidance, while announcing a CFO change as Genesis Capital solidifies its majority stake.
24 Jan
Ada Torres
FAR Limited Eyes $55M Windfall as Sangomar Field Hits 95 Mboe/Day
FAR Limited reports robust production from Senegal’s Sangomar field and a solid cash position, while anticipating a contingent payment from Woodside Energy that could reach US$55 million.
24 Jan
Victor Sage
Advance Metals Greenlights High-Grade Drilling at Myrtleford Gold Project
Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.
24 Jan
Maxwell Dee
ASQ Advances Gold and Silica Projects with Strong Drilling and Funding Updates
Australian Silica Quartz Group reports promising gold intersections at Koolyanobbing Metals Project and progresses its Quartz Hill silica project with positive metallurgical results and strategic funding.
24 Jan
Maxwell Dee
DeSoto Resources Advances with Dom Silverio Acquisition and Northern Territory Drilling Approvals
DeSoto Resources has secured a strategic manganese project in Brazil and received pioneering drilling approvals in Australia's Northern Territory, setting the stage for significant exploration activity in 2025.
24 Jan
Maxwell Dee