🕒 Tuesday 28 January 2025 Tue, 28 Jan 2025
203 Articles
5G Networks Lifts AuCyber Offer Price to 13.5 Cents Amid Takeover Push
5G Networks Limited has increased its unconditional on-market cash offer for AuCyber Limited shares to 13.5 cents per share, signaling intensified acquisition efforts ahead of the February 6 deadline.
28 Jan
Claire Turing
5G Networks Raises Final Takeover Bid for AuCyber to 13.5 Cents
5G Networks Limited has increased its on-market takeover offer for AuCyber Limited from 11 cents to 13.5 cents per share, marking its final bid ahead of the January 30 deadline.
28 Jan
Victor Sage
Burgundy Diamond Mines Navigates Q4 Challenges, Eyes Growth in 2025
Burgundy Diamond Mines reported a dip in Q4-2024 production and revenue amid operational transitions but maintains a bullish outlook for 2025 driven by strategic mine development and market recovery.
28 Jan
Maxwell Dee
Burgundy Diamond Mines Advances Point Lake as EBITDA Falls Short in 2024
Burgundy Diamond Mines met most operational and revenue targets in 2024 but missed EBITDA guidance by 6%, while preparing the Point Lake open pit for ore production in early 2025.
28 Jan
Maxwell Dee
Torque Metals Moves to Acquire Aston Minerals in Strategic Scheme Deal
Torque Metals Limited and Aston Minerals Limited have formalised a Scheme Implementation Agreement, setting the stage for Torque Metals to acquire Aston Minerals through a structured share and option scheme.
28 Jan
Maxwell Dee
Torque Metals Moves to Acquire Aston Minerals in $100M Scheme Deal
Torque Metals Limited and Aston Minerals Limited have formalised a Scheme Implementation Agreement, setting the stage for Torque Metals to acquire Aston Minerals through a structured share and option scheme.
28 Jan
Maxwell Dee
Torque Metals and Aston Minerals Merge to Forge Gold Exploration Powerhouse
Torque Metals and Aston Minerals have announced a merger to create a leading gold-focused explorer with combined resources of 1.75 million ounces, aiming to accelerate growth and exploration in premier gold regions of Australia and Canada.
28 Jan
Maxwell Dee
Torque Metals and Aston Minerals Merge to Forge Gold Exploration Powerhouse
Torque Metals and Aston Minerals have announced a merger of equals, combining their gold assets to create a diversified explorer with 1.75 million ounces of gold resources and enhanced growth potential.
28 Jan
Maxwell Dee
Torque Metals and Aston Minerals Unite to Command 1.75Moz Gold Resources
Torque Metals and Aston Minerals have agreed to merge, creating a well-funded gold exploration entity with 1.75 million ounces of gold resources across premier projects in Western Australia and Ontario, Canada.
28 Jan
Maxwell Dee
Torque Metals and Aston Minerals Merge to Unlock 1.75Moz Gold Potential
Torque Metals and Aston Minerals have agreed to merge, creating a gold exploration entity with 1.75 million ounces of gold resources across premier projects in Western Australia and Ontario, Canada. The all-scrip deal positions the combined company for accelerated growth with a strong cash base and refreshed leadership.
28 Jan
Maxwell Dee
APA Group Revises Dividend Details Amid Currency and DRP Price Updates
APA Group has updated its dividend distribution announcement, adjusting for changes in the New Zealand dollar exchange rate and the Dividend Reinvestment Plan share price, with an estimated ordinary dividend of AUD 0.27 per security.
28 Jan
Maxwell Dee
Raiz Invest Accelerates Customer Growth and FUM to $1.61bn in Q2 FY25
Raiz Invest Limited reports robust growth in Q2 FY25 with active customers rising 8.5% year-on-year and funds under management surging 32.4%, underpinned by product innovation and strong net inflows.
28 Jan
Claire Turing
Po Valley Energy Advances with Regional Nod for 3D Seismic Survey
Po Valley Energy has secured crucial regional approval to launch a 3D seismic campaign over its Selva Malvezzi concession, paving the way for drilling four new wells.
28 Jan
Maxwell Dee
Red Hawk Mining Urges Shareholders to Accept Fortescue’s $1.05-$1.20 Takeover Offer
Red Hawk Mining Limited has issued a Target’s Statement recommending shareholders accept Fortescue’s off-market takeover offer at $1.05 per share, rising to $1.20 if Fortescue secures 75% ownership. An independent expert confirms the offer is fair and reasonable, providing a significant premium and resolving funding uncertainties for Red Hawk’s Blacksmith Project.
28 Jan
Maxwell Dee
AnteoTech Lands First Ultranode™ Order, Secures $4.3m Capital Boost
AnteoTech has marked a pivotal quarter with its first commercial Ultranode™ order shipped to Mercedes-Benz and a $4.3 million capital raise to accelerate growth in clean energy and life sciences.
28 Jan
Victor Sage
OncoSil Medical Secures MDR Approval, Unlocking EU Market Potential
OncoSil Medical has achieved a key regulatory milestone with MDR certification from BSI, removing post-market restrictions and streamlining its commercial operations across Europe. This approval also paves the way for renewed efforts to enter the Australian market.
28 Jan
Victor Sage
US Masters Shifts to C-Corp, Eyes $225M Asset Sales in 2025
US Masters Residential Property Group has restructured its US operations from a REIT to a C-Corp to enhance tax efficiency, aiming to reduce deferred tax liabilities and accelerate capital returns with a $200–225 million sales target for 2025.
28 Jan
Eva Park
Carnarvon Energy Faces Dorado Development Delay but Holds Strong Cash Position
Carnarvon Energy reports a robust cash balance of A$187 million amid delays in the Dorado project development following Santos' decision to pause FPSO acquisition. The renewal of Bedout Basin exploration permits offers a pathway to future drilling in 2026.
28 Jan
Maxwell Dee
PARKD Advances Licensing Talks After Key Project Milestones and Cash Flow Boost
PARKD Ltd reports substantial structural completions on flagship projects and positive operating cash flow in Q2 FY25, setting the stage for licensing negotiations with Fielders.
28 Jan
Victor Sage
Yari Minerals and Impact Silver Resolve Arbitration Dispute
Yari Minerals and Impact Silver have mutually agreed to settle their arbitration claims, ending a legal dispute without admission of liability and with each party bearing its own costs.
28 Jan
Maxwell Dee
Streamplay Bolsters Growth with Noodlecake Acquisition and Regional Expansion
Streamplay Studio has completed its acquisition of North American indie game publisher Noodlecake Studios, marking a pivotal expansion in its gaming portfolio. The company also reported robust regional growth and a strong cash position, setting the stage for ambitious product launches and market penetration.
28 Jan
Sophie Babbage
Core Energy Secures $3.7M to Accelerate Uranium Exploration with New Cornerstone Investor
Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.
28 Jan
Maxwell Dee
Bathurst Resources Beats H1 EBITDA Forecast but Cuts FY25 Guidance Amid Export Challenges
Bathurst Resources reported a first half EBITDA of $27.5 million, surpassing forecasts despite export disruptions, yet lowered its full-year EBITDA guidance to $45-$55 million due to reduced export volumes and softer coal prices.
28 Jan
Maxwell Dee
Cosmos Exploration Advances Bolivia Lithium Play with EAU and Vulcan Partnership
Cosmos Exploration has secured an exclusive option to acquire EAU Lithium, partnering with Vulcan Energy to deploy cutting-edge Direct Lithium Extraction technology in Bolivia’s lithium-rich salars. This strategic move positions Cosmos at the forefront of sustainable lithium production in the world’s largest lithium resource base.
28 Jan
Maxwell Dee