🕒 Friday 2 May 2025 Fri, 2 May 2025
40 Articles
Corella Resources Extends Capital Raise with $137K Placement After Rights Issue Success
Corella Resources has capitalised on strong demand following its recent rights issue by placing an additional 68 million shares and options, boosting total funds raised to over $1 million.
2 May
Maxwell Dee
MedAdvisor Resumes Trading After Court Application Outcome
MedAdvisor Limited’s trading suspension has been lifted immediately following the release of an announcement about the outcome of a court application under the Corporations Act 2001.
2 May
Ada Torres
Smartpay Locks in Exclusivity for NZ$1.20 Per Share Buyout Bid
Smartpay Holdings has entered an exclusivity agreement with an international strategic bidder offering NZ$1.20 per share in cash, advancing a potential full acquisition amid competing proposals.
2 May
Claire Turing
ATO Confirms Wellard’s $10.6M Return of Capital Is Tax-Advantaged, Not Dividend
Wellard Limited has secured a final ATO Class Ruling confirming its 2 cents-per-share return of capital is not a dividend, clarifying tax treatment for shareholders following the sale of its MV Ocean Ute vessel.
2 May
Victor Sage
Classic Minerals Converts Kat Gap Sale Into $7M Boost for Forrestania Exploration
Classic Minerals Limited has completed the sale of its Kat Gap tenements for A$7 million, using the proceeds to retire debt and accelerate exploration at its Lady Ada and Lady Magdalene gold projects within the Forrestania region.
2 May
Maxwell Dee
CL8 Holdings Merges Carly with Carbar, Retains Stake and Eyes New Growth
CL8 Holdings has completed a strategic merger of its Carly car subscription business with Carbar Holdings, combining two of Australia’s leading platforms. The company retains a stake in the merged entity and plans to pursue fresh growth opportunities while streamlining operations.
2 May
Victor Sage
SenSen Networks Secures $8M Brisbane Contract Extension with SenPIC Rollout
SenSen Networks has extended its contract with Brisbane City Council for kerb management and enforcement solutions, including a large-scale rollout of its innovative SenPIC technology, in a deal valued at an estimated $8 million over four years.
2 May
Sophie Babbage
Zoono Attributes Trading Spike to Shelf-Life Extension Trials, Denies Undisclosed Info
Zoono Group Limited has responded to an ASX price query following unusual trading activity, confirming no undisclosed price-sensitive information exists and linking the movement to ongoing shelf-life extension trials with OSY Group Ltd and multiple international partners.
2 May
Victor Sage
Yowie Clarifies $1.9M Revenue Hit and Loan Disclosures Amid Keybridge Insolvency
Yowie Group Ltd has responded to ASX queries detailing a significant revenue impact from reduced store facings and clarified complex loan arrangements with Keybridge Capital Limited amid ongoing solvency concerns.
2 May
Victor Sage
Ecofibre Suspended from ASX Amid Voluntary Administration Appointment
Ecofibre Limited’s shares have been suspended from trading following the appointment of voluntary administrators, reflecting severe financial distress and regulatory concerns.
2 May
Victor Sage
Eureka Secures Burrum River Caravan Park with 8.6% Yield, Eyes Long-Term Rental Growth
Eureka Group Holdings has acquired the Burrum River Caravan Park on Queensland’s Fraser Coast for $5.3 million, targeting a strategic expansion of long-term rental accommodation amid regional housing pressures and infrastructure growth.
2 May
Eva Park
PointsBet Weighs Betr’s Acquisition Proposal Amid MIXI Scheme Commitment
PointsBet Holdings has received a confidential acquisition proposal from Betr Entertainment, prompting a careful evaluation by its Board while reaffirming support for the existing MIXI Scheme.
2 May
Victor Sage
Dateline Resources Secures U.S. Backing and Advances Colosseum Gold-REE Project
Dateline Resources has gained critical U.S. regulatory approval for its Colosseum Gold-REE Project, unlocking rare earth exploration rights and pursuing an OTCQB listing to engage American investors.
2 May
Maxwell Dee
High-Tech Metals Secures $1.26M with Ragnar Metals’ Strategic Board Entry
High-Tech Metals Limited has raised $1.26 million through a share placement backed by a cornerstone investment from Ragnar Metals, which now gains board representation. This capital injection aims to accelerate exploration activities across HTM’s project portfolio.
2 May
Maxwell Dee
Anagenics Restructures, Issues Shares to FOS Capital, Eyes Growth Path
Anagenics Limited has completed a significant restructuring to simplify operations and issued 35 million shares to FOS Capital as part of this process. The company confirms its going concern status and outlines plans for organic and acquisitive growth over the next year.
2 May
Victor Sage
Codeifai Secures $250K Convertible Loan to Fuel Growth Initiatives
Codeifai Limited has raised $250,000 through unsecured convertible loans, positioning the company to accelerate platform development and marketing ahead of its upcoming AGM.
2 May
Sophie Babbage
Advance Metals Secures $2.55M to Boost Myrtleford and Yoquivo Exploration
Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.
2 May
Maxwell Dee
Opyl Secures $1.5M Oversubscribed Placement to Boost AI Drug Discovery
Opyl Limited has successfully raised $1.5 million through an oversubscribed placement to accelerate the growth of its AI-driven clinical trial platform, Trialkey. The capital injection underscores strong investor confidence as the company prepares for a pivotal expansion phase.
2 May
Ada Torres
Arika Resources Secures $5M to Accelerate Drilling at WA Gold Projects
Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.
2 May
Maxwell Dee
Red Mountain Mining Secures $400K to Advance WA and NSW Gold Exploration
Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.
2 May
Maxwell Dee
Equinox Resources Secures $3M to Accelerate Titanium and Antimony Projects
Equinox Resources has successfully raised A$3 million through a strategic placement to fund key milestones across its titanium, antimony, and iron ore assets. The capital injection aims to drive resource estimation, drilling, and legal progress in multiple jurisdictions.
2 May
Maxwell Dee
Forbidden Foods April Sales Surge 218%, Poised for $4M Annual Revenue Post-OMG Acquisition
Forbidden Foods Limited has reported a remarkable 218% increase in April invoiced sales, driven by robust ecommerce growth and the recent integration of Oat Milk Goodness. The company is on track to surpass $4 million in annual sales, signaling strong momentum in the health and wellness FMCG sector.
2 May
Victor Sage
Codrus Minerals Secures 14,000m Drilling Permit at Historic Bull Run Gold Project
Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.
2 May
Maxwell Dee
Greenvale Energy Advances Alpha Torbanite Bitumen with New Test Program
Greenvale Energy has re-engaged Monash University to initiate Liquefaction Test Program 7, aiming to produce bulk samples for high-grade C170 bitumen certification at its Alpha Torbanite Project.
2 May
Maxwell Dee