🕒 Wednesday 29 January 2025 Wed, 29 Jan 2025

Alpha HPA Limited has reached a major funding milestone with a $400 million senior debt package for its HPA First Project Stage 2, while experiencing accelerating demand from the semiconductor sector and advancing new product developments.

Neurotech International reports key clinical progress in paediatric neurological disorders, securing FDA orphan drug designation for its Rett Syndrome treatment and advancing pivotal trials for ASD and PANDAS/PANS.

Lykos Metals Limited narrows its Sockovac project tenement while securing an extended exploration permit for Jezero, positioning itself for focused growth in Bosnia and Herzegovina.

Lion Energy Limited reports significant progress in its green hydrogen project at Port of Brisbane and confirms major oil and gas prospects in Indonesia, setting the stage for future drilling and commercial development.

Cokal Limited has partnered with Cratus Group to establish an Infrastructure Joint Venture aimed at significantly expanding coal transport capacity and efficiency, supporting a ramp-up in metallurgical coal production at the BBM mine.

Victory Metals advances its North Stanmore Heavy Rare Earth Project with a strategic offtake MOU signed with Sumitomo Corporation and a significant upgrade to its mineral resource estimate, reinforcing its position in the critical rare earths sector.

Australian Vanadium Limited's flagship project has been officially recognised under Western Australia's Lead Agency Framework, positioning it at the forefront of the state's clean energy and economic diversification agenda.

Strata Minerals Ltd is set to commence its inaugural drilling program at the Penny South Gold Project in Western Australia, targeting extensions of world-class high-grade gold deposits. Concurrently, exploration activities are gearing up at the Biranup Gold Project, promising a busy year ahead for the ASX-listed explorer.

Rox Resources has completed its $27 million capital raising with the final tranche of shares issued to institutional investors and company directors, signaling strong backing for its growth plans.

Anax Metals has confirmed the success of its scaled-up bioleaching technology, achieving copper recoveries of up to 80% and zinc recoveries exceeding 90%, reinforcing its strategic position in Pilbara's base metals sector.

American Rare Earths has expanded its Halleck Creek Rare Earth Project resource by 12.2% to 2.63 billion tonnes with improved grades, reinforcing its role in securing U.S. critical mineral independence.

PYC Therapeutics reports substantial progress across all four of its drug development programs in Q4 2024, including key regulatory designations and clinical milestones that set the stage for pivotal trials in 2025.

Franklin Templeton Australia Limited has announced a final distribution of 0.1513 cents per unit for its Franklin Australian Absolute Return Bond Fund, with key dates set for early February 2025.

Noronex Limited has lodged applications for two expansive Prospecting Licences in Botswana adjacent to its active Damara Copper Project in Namibia, signaling a strategic push into new, unexplored terrain within the Kalahari Copper Belt.

Iltani Resources reports breakthrough drilling results at its Orient Silver-Indium Project, delivering Australia’s highest-grade silver-indium intercepts to date, alongside promising antimony mineralisation at Antimony Reward.

Jervois Global Limited has initiated a prepackaged Chapter 11 recapitalisation process in the US, leading to the suspension of its shares on multiple exchanges. Shareholders are being notified with detailed documentation as the company seeks to restructure its finances.

AVADA Group Limited reports a positive cash flow for Q4 2024, supported by increased collections and operational consolidation, even as government funding shifts delay project starts.

Riversgold Limited reports compelling high-grade assay results from its Saint John Project in New Brunswick, Canada, confirming significant multi-metal mineralisation and securing drilling approval for 2025.

Arrow Minerals has secured $7 million through a well-supported placement to advance its flagship Niagara Bauxite and Simandou North Iron projects in Guinea, setting the stage for key resource milestones and development studies.

Close the Loop Limited has ended acquisition discussions with Adamantem Capital but remains confident in its standalone growth strategy, projecting steady revenue and an EBITDA range of $11m-$13m for the first half of 2025.

BluGlass Limited has unveiled significant advances in gallium nitride (GaN) laser technology at SPIE Photonics West, filing three US provisional patents and demonstrating a powerful integrated laser amplifier. These developments position the company at the forefront of quantum, aerospace, and biotech photonics innovation.

Petratherm Limited reports compelling high-grade titanium mineralisation at its Muckanippie Project, supported by successful drilling and mineralogical analyses. The company’s oversubscribed funding round strengthens its capacity for further exploration.

Red Hill Minerals reports a robust December quarter with $2.7 million in royalty revenue, a special dividend payout, and promising drilling results across multiple gold and base metal projects.

AGP Investment Management Limited has announced a $0.009 per unit distribution for the Switzer Dividend Growth Fund for January 2025, fully franked and supported by an active Distribution Reinvestment Plan.