🕒 Thursday 1 May 2025 Thu, 1 May 2025
85 Articles
WiseTech Confirms Talks with e2open Amid Strategic Acquisition Review
WiseTech Global has confirmed its participation in the strategic review process initiated by US-based e2open, amid media speculation of a potential acquisition. While discussions remain preliminary with no certainty of a deal, the move aligns with WiseTech’s ongoing acquisition-driven growth strategy.
1 May
Sophie Babbage
Redivium Advances European Battery Recycling Amid Funding Hurdles
Redivium Limited has launched its Trading Division and secured key agreements as it pushes forward with European battery recycling projects, though funding challenges remain.
1 May
Victor Sage
Yowie Rebuts Misleading Shareholder Notices Amid Keybridge Administration
Yowie Group has clarified misleading substantial shareholder notices linked to Keybridge Capital's administration, denying any current plans for board changes and highlighting ongoing legal disputes.
1 May
Victor Sage
Kingsgate Initiates On-Market Buy-Back to Boost Shareholder Value
Kingsgate Consolidated Limited has announced an on-market share buy-back as part of its capital management strategy, signaling confidence amid current market conditions.
1 May
Maxwell Dee
VDM Group Suspended on ASX Amid Angolan JV Dispute, Eyes New Critical Minerals Projects
VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.
1 May
Maxwell Dee
Qube Confirms 5% Earnings Growth, Completes MIRRAT Deal, Eyes Patrick JV Shift
Qube Holdings reconfirms at least 5% underlying earnings growth for FY25 despite recent weather disruptions, completes the MIRRAT acquisition, and updates on a significant ownership change in its Patrick joint venture.
1 May
Victor Sage
Lloyds Banking Group Posts £1.1bn Q1 Profit Amid Strong Lending and Deposit Growth
Lloyds Banking Group reported a resilient start to 2025 with statutory profit after tax of £1.1 billion, underpinned by solid lending and deposit growth. The bank reaffirmed its 2025 guidance, maintaining confidence despite economic uncertainties.
1 May
Claire Turing
BluGlass Unveils $6M Share Purchase Plan to Accelerate Laser Production
BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.
1 May
Sophie Babbage
Discovery Alaska Ends Vinasale Lease to Sharpen Focus on Chulitna and Growth
Discovery Alaska Limited has announced the termination of its mining lease for the Vinasale Project, choosing to preserve capital and concentrate on its flagship Chulitna Project alongside exploring new opportunities.
1 May
Maxwell Dee
Elixir Energy Raises $7.1M with Share Plan and New Options
Elixir Energy has successfully closed its Share Purchase Plan, raising an additional $117,000 and bringing total capital raised to $7.1 million, supported by new shares and free attaching options.
1 May
Maxwell Dee
MCS Services Eyes Sale of Traffic Business Amid $1.23M Cash Boost
MCS Services Limited reported a solid cash position of $1.23 million at quarter-end and is actively exploring the sale of its Traffic Business subsidiary while awaiting key tender results.
1 May
Victor Sage
Stanmore Confirms 52Mt Coal Reserves at Isaac Downs Extension with +20-Year Mine Life
Stanmore Resources has released an updated maiden Reserves Statement for its Isaac Downs Extension metallurgical coal project, confirming 52 million tonnes of Run of Mine coal reserves and a robust +20-year mine life supported by existing infrastructure.
1 May
Maxwell Dee
Judo Revises FY25 Loan Growth Amid Market Volatility, Targets 15% Profit Rise
Judo Capital Holdings updates its FY25 outlook, reporting stable margins and operational progress but slowing loan growth due to market uncertainties and higher provisioning.
1 May
Victor Sage
Cazaly Resources Corrects March Cash Flow Report, Confirms Strong Funding Runway
Cazaly Resources has issued a replacement Appendix 5B for the March 2025 quarter to correct an administrative error, reaffirming a solid cash position with over six quarters of funding available.
1 May
Maxwell Dee
Oncosil Medical Unveils 400:1 Security Consolidation Ahead of Shareholder Vote
Oncosil Medical Ltd has announced a significant 400-for-1 security consolidation affecting shares, options, and performance rights, with shareholder approval scheduled for late May 2025.
1 May
Ada Torres
Southern Cross Gold Secures C$143M to Accelerate Sunday Creek Development
Southern Cross Gold Consolidated Ltd has successfully arranged an upsized C$143 million funding round to fast-track its Sunday Creek Gold-Antimony Project in Victoria, Australia. This capital injection positions the company to advance drilling, underground development, and economic assessments over the coming years.
1 May
Maxwell Dee
VanEck Updates PDS for Six Australian Bond ETFs Amid Index Changes
VanEck Investments Limited has released a replacement Product Disclosure Statement for six Australian bond ETFs, reflecting updated reference indices and market conditions effective May 1, 2025.
1 May
Claire Turing
Alvo Minerals Extends Entitlement Offer Closing Date to Boost Shareholder Participation
Alvo Minerals has extended the closing date for its pro-rata entitlement offer to 13 May 2025, giving shareholders additional time to subscribe to new shares and options. This move aims to support the company’s ongoing exploration ambitions in Brazil’s base and rare earth metals sectors.
1 May
Maxwell Dee
Ark Mines Secures $1.5M to Accelerate Rare Earths Push at Sandy Mitchell
Ark Mines Ltd has successfully raised A$1.5 million through a fully subscribed placement, enabling a faster development of its rare earth project in North Queensland.
1 May
Maxwell Dee
Nuchev Secures Exclusive Australian Sales Agency Deal with Brauer and H&S Brands
Nuchev Limited has entered an exclusive sales agency agreement with Brauer Natural Medicines and H&S Brand Corporation, expanding its footprint in Australia's natural and complementary medicines sector. The deal covers key brands including Brauer, Skin Physics, and Rapid Loss, with potential for broader ANZ distribution.
1 May
Ada Torres
Pantoro Gold Clears Debt Early, Slashing Dilution and Interest Costs
Pantoro Gold is set to become debt free by repaying its US$6.26 million Convertible Loan Facility ahead of schedule, reducing shareholder dilution and saving on interest payments.
1 May
Maxwell Dee
Clean TeQ Secures A$1.2M Design Contract for DESALX® Plant at Nyrstar Europe
Clean TeQ Water has landed a A$1.2 million engineering contract to design a DESALX® wastewater treatment plant for Nyrstar's European operations, paving the way for a potential A$9.4 million project stage.
1 May
Victor Sage
Healius Nets $822M from Lumus Imaging Sale, Declares $300M Special Dividend
Healius Limited has completed the $822 million cash sale of Lumus Imaging to Affinity Equity Partners, setting the stage for a strategic refocus on pathology and a substantial special dividend payout.
1 May
Ada Torres
HitIQ Reinstated on ASX After Announcing Proposed Capital Raise
HitIQ Limited's trading suspension has been lifted following its announcement of a proposed capital raising, signaling renewed investor interest and potential growth opportunities.
1 May
Sophie Babbage