🕒 Friday 7 February 2025 Fri, 7 Feb 2025
72 Articles
Cleo Diagnostics Clarifies Share Surge Amid Ovarian Cancer Tech Progress
Cleo Diagnostics has responded to an ASX price query following a notable rise in its share price and trading volume, underscoring its patented ovarian cancer detection technology and ongoing U.S. clinical trials.
7 Feb
Ada Torres
Xstate Exits Canadian Crest Jinn Assets, Secures Royalty Stream Amid Market Challenges
Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.
7 Feb
Victor Sage
PM Capital Reaffirms 11.0 Cent Dividend with Solid 6% Portfolio Return
PM Capital Global Opportunities Fund has declared a 5.5 cent fully franked interim dividend for H1 FY25 and reaffirmed its commitment to an 11.0 cent annual dividend, supported by a 6.0% portfolio return for the year ending December 2024.
7 Feb
Claire Turing
PM Capital Declares Fully Franked AUD 0.055 Dividend with DRP Option
PM Capital Global Opportunities Fund Limited has announced a fully franked ordinary dividend of AUD 0.055 per security for the half-year ending December 2024, offering shareholders a Dividend Reinvestment Plan option.
7 Feb
Claire Turing
PM Capital Boosts Profit 11% and Raises Dividend to 5.5 Cents
PM Capital Global Opportunities Fund Limited reported an 11% rise in half-year profit to $39.8 million and declared a higher fully franked interim dividend of 5.5 cents per share, reflecting strong portfolio performance amid global market volatility.
7 Feb
Claire Turing
E79 Gold Mines Clarifies Trading Surge Amid Nearby Gold Discovery
E79 Gold Mines responds to ASX inquiries about recent price and volume spikes, linking market activity to a neighbour's gold find near its Laverton South Project.
7 Feb
Maxwell Dee
Flagship Investments Delivers 9.1% Portfolio Growth Amid Market Headwinds
Flagship Investments Limited posted a solid 9.1% gain in its investment portfolio for the half-year ending December 2024, despite a notable decline in total comprehensive income. The company declared a fully franked interim dividend of 5.1 cents per share, reflecting steady shareholder returns.
7 Feb
Claire Turing
Cannindah Resources Denies Undisclosed Info Amid Price Surge
Cannindah Resources Limited has responded to an ASX price query, confirming no undisclosed information explains recent stock price movements and affirming compliance with continuous disclosure rules.
7 Feb
Maxwell Dee
Helios Energy Raises A$691K to Fuel Texas Presidio Exploration
Helios Energy Ltd has secured A$691,325 through interest-free Convertible Notes to advance its Presidio Project in Texas, ensuring regulatory compliance and operational continuity.
7 Feb
Maxwell Dee
360 Capital Mortgage REIT Confirms AUD 0.052 Distribution Under AMIT Regime
360 Capital Mortgage REIT has updated the market with the payment of a 5.2 cent per unit distribution for January 2025, marking its first under the Attribution Managed Investment Trust (AMIT) regime.
7 Feb
Eva Park
Court Greenlights Horizon-Poseidon Nickel Merger, Trading Suspended Feb 10
The Supreme Court of Western Australia has approved the merger between Horizon Minerals and Poseidon Nickel, setting the stage for a significant consolidation in the nickel sector. Key dates for trading suspension and scheme implementation have now been confirmed.
7 Feb
Maxwell Dee
Kaiser Reef Uncovers New High-Grade Gold Reefs at Nova Zone
Kaiser Reef Limited’s latest drilling at the Nova Zone within the A1 Gold Mine has revealed promising high-grade gold mineralisation, extending known reef systems and shaping future mine plans.
7 Feb
Maxwell Dee
Citigroup Declares AUD 1.10 Dividend for REA Instalment MINI Ahead of March Record Date
Citigroup Global Markets Australia has announced a fully franked dividend of AUD 1.10 for the REA Instalment MINI, with key dates set for early March 2025. This move aligns closely with the dividend schedule of the underlying REA Ordinary Security.
7 Feb
Claire Turing
DMC Mining Extends Public Offer Amid Licensing Delays in Guinea
DMC Mining Limited has extended the closing date for its public share offer to May 8, 2025, due to delays in obtaining exploration licenses for its Firawa and Labe Projects in Guinea. The company plans to lodge a second supplementary prospectus to adjust regulatory conditions accordingly.
7 Feb
Maxwell Dee
NT Minerals Uncovers Strong Copper-Gold Signals at Twin Peaks
NT Minerals Limited reveals promising initial assay results from its Ultrafine Soil Sampling Program at the Twin Peaks Project, highlighting significant copper and gold anomalism that paves the way for targeted drilling in 2025.
7 Feb
Maxwell Dee
Australian Government Launches New 4.25% Treasury Bond Maturing 2036
The Australian Office of Financial Management has issued a new 4.25% Treasury Bond due in 2036, set to begin trading on the ASX from February 13, 2025. This issuance adds a fresh long-term government debt instrument to the market.
7 Feb
Claire Turing
Neuren Nets $50M from Rare Disease Voucher Sale Boosting Neurological Pipeline
Neuren Pharmaceuticals has received a significant cash inflow of approximately US$50 million following the sale of a Priority Review Voucher linked to its Rett syndrome treatment. This milestone underscores the growing value of Neuren’s neurological drug portfolio and its partnership with Acadia Pharmaceuticals.
7 Feb
Victor Sage
Supreme Court Greenlights MyState’s Auswide Bank Takeover
The Supreme Court of New South Wales has approved MyState Bank’s acquisition of Auswide Bank via a scheme of arrangement, setting the stage for a significant consolidation in the Australian banking sector.
7 Feb
Victor Sage
Nyrada Launches Phase Ia Trial for Neuroprotective Drug NYR-BI03
Nyrada has secured ethics approval to begin its first-in-human Phase Ia trial of NYR-BI03, a promising neuro- and cardioprotective drug candidate. Recruitment starts soon, with dosing expected by March and results due in Q3 2025.
7 Feb
Ada Torres
Iron Road Launches 5% On-Market Buy-Back to Boost Capital Efficiency
Iron Road Ltd has announced a strategic on-market share buy-back of up to 5% of its issued capital, aiming to enhance financial flexibility for its flagship projects over the next year.
7 Feb
Maxwell Dee
KalGold Unveils Thick, High-Grade Gold at Lighthorse Discovery, Pinjin
Kalgoorlie Gold Mining has announced a significant new gold discovery named 'Lighthorse' at its Pinjin project, revealing thick, high-grade intercepts that promise to reshape its growth trajectory in the Eastern Goldfields. A follow-up drilling campaign is set for March 2025 to further delineate this expansive mineralised system.
7 Feb
Maxwell Dee
Opyl and Avion Forge Data-Driven Alliance to Revolutionise Clinical Trials
Opyl Limited has entered a strategic partnership with Avion, integrating its AI-powered TrialKey platform to enhance clinical trial design and execution across the APAC region.
7 Feb
Ada Torres
Sigma Healthcare Lifts FY25 EBIT Guidance Amid Strong Contract Execution
Sigma Healthcare has raised its FY25 normalised EBIT guidance to $64-$70 million, driven by robust operational performance and the successful rollout of a key supply contract with Chemist Warehouse.
7 Feb
Ada Torres
Hartshead Proposes Cost-Saving Gas Export Plan via Saturn Banks Pipeline
Hartshead Resources has submitted a development programme and budget to the P2607 Joint Venture, proposing a new gas export route through CalEnergy’s Saturn Banks pipeline, promising reduced capital expenditure and accelerated production timelines.
7 Feb
Maxwell Dee