🕒 Monday 5 May 2025 Mon, 5 May 2025
117 Articles
Spheria Emerging Companies Shifts Dividend Reinvestment to On-Market Share Purchases
Spheria Emerging Companies Limited has updated its dividend distribution approach, opting to use cash dividends to buy shares on-market due to the share price falling below its post-tax NTA per share on the ex-dividend date.
5 May
Claire Turing
Kip McGrath CEO Storm McGrath Steps Down After 19 Years
Kip McGrath Education Centres announces the departure of long-serving CEO Storm McGrath, with Chair Damian Banks stepping in as Executive Chair during the leadership transition.
5 May
Victor Sage
BlackRock Sets 32.1 Cents Distribution for iShares Core Cash ETF
BlackRock Investment Management (Australia) Limited has announced an estimated cash distribution of 32.099015 cents per unit for its iShares Core Cash ETF (BILL), with key dates scheduled throughout May 2025.
5 May
Claire Turing
Turaco Gold Boosts Afema Resource to 3.55Moz, Retracts Production Target
Turaco Gold Limited has updated its Afema Project mineral resource estimate to 3.55 million ounces of gold, marking a 40% increase since August 2024, while retracting a prior production target due to regulatory compliance concerns.
5 May
Maxwell Dee
URW and Cenomi Centers Forge Exclusive Westfield Partnership in Saudi Arabia
Unibail-Rodamco-Westfield and Cenomi Centers have entered a decade-long exclusive partnership to bring the Westfield brand to Saudi Arabia’s premier shopping centres, aiming to reshape retail experiences across the Kingdom’s largest cities.
5 May
Eva Park
Propell Holdings Suspended from ASX Ahead of Delisting
Propell Holdings Limited has requested an immediate suspension of its securities from ASX trading as it prepares for removal from the official list. This move marks a significant shift for the company and its shareholders.
5 May
Claire Turing
Pancontinental Energy Denies Undisclosed News Amid Sharp Price and Volume Rise
Pancontinental Energy has responded to an ASX query about recent spikes in its share price and trading volume, confirming no undisclosed information exists and pointing to strong industry interest in its PEL 87 project.
5 May
Maxwell Dee
Takeovers Panel Rejects Bid to Delay FBR’s Crucial EGM
The Acting President of the Takeovers Panel has declined an interim order to postpone FBR Limited’s upcoming Extraordinary General Meeting, keeping the scheduled vote on track.
5 May
Sophie Babbage
Foresta Eyes Geothermal Energy to Power New Biomass Plant in NZ
Foresta Group Holdings’ subsidiary partners with New Zealand’s EECA to explore geothermal steam for its flagship biomass facility, aiming to boost sustainability and efficiency.
5 May
Victor Sage
Magnum Mining Finalises Brazilian Rare Earths Acquisition After Extended Due Diligence
Magnum Mining & Exploration has completed its acquisition of Palmares Estudos Geologicos LTDA, securing a significant rare earths landholding in Brazil after an extended due diligence process.
5 May
Maxwell Dee
Epsilon Healthcare Launches Pharmacy Subsidiary Amid Recovery Efforts
Epsilon Healthcare reports ongoing operational challenges post-voluntary administration while unveiling a new pharmacy subsidiary aimed at diversifying revenue streams and rebuilding market confidence.
5 May
Ada Torres
Spenda Limited Denies Undisclosed Info Amid Share Price Surge, Confirms Ongoing Negotiations
Spenda Limited has responded to an ASX price query following a notable rise in its share price and trading volume, denying any undisclosed material information while confirming ongoing confidential negotiations for virtual card and funding services.
5 May
Claire Turing
Healius Declares Special Fully Franked Dividend of AUD 0.413 Per Share
Healius Limited has announced a special fully franked dividend of AUD 0.413 per ordinary share, signaling confidence in its financial position despite the ongoing suspension of its Dividend Reinvestment Plan.
5 May
Ada Torres
Healius Declares $300M Fully Franked Special Dividend, Secures New $300M Debt Facility
Healius Limited has announced a fully franked special dividend of 41.3 cents per share totaling approximately $300 million, alongside a new $300 million three-year syndicated bank facility replacing its previous $680 million arrangement.
5 May
Ada Torres
Finexia Interim CEO Marc Duncan Steps Down Amid Credit Review and ASX Reinstatement Efforts
Finexia Financial Group announces the resignation of Interim CEO Marc Duncan as the Board intensifies its review of credit operations and pursues ASX securities reinstatement.
5 May
Claire Turing
Shareholder Challenges FBR’s EGM Over Complex Share Issues and Dilution Risks
A shareholder has lodged an application with the Takeovers Panel challenging FBR Limited’s upcoming extraordinary general meeting resolutions related to significant share placements and funding arrangements with Fidelity International.
5 May
Sophie Babbage
Nagambie Unveils High-Grade 7% Antimony-Gold Lode, Eyes Resource Expansion
Nagambie Resources has discovered a high-grade antimony-gold lode east of its current resource, averaging 40.5 g/t gold equivalent, prompting plans for extensive follow-up drilling to expand its JORC resource.
5 May
Maxwell Dee
Enlitic Inc. Resumes Trading After Equity Raise Announcement
Enlitic Inc. has been reinstated to trading on the ASX following its announcement of a new equity raise, signaling renewed investor interest in the health technology firm.
5 May
Sophie Babbage
Enlitic Secures Binding MoU with GE HealthCare and Launches A$10m Capital Raise
Enlitic has signed a binding MoU with GE HealthCare to deliver up to A$50 million in migration services over five years, contingent on a A$10 million equity raise that the company has now initiated.
5 May
Victor Sage
Papyrus Australia Revises Cash Flow Reports After R&D Accounting Correction
Papyrus Australia has issued a revised Appendix 4C for the March 2025 quarter, correcting the treatment of $527k in R&D expenditure previously reported as cash payments. This adjustment also impacts prior monthly and quarterly cash flow reports dating back to November 2024.
5 May
Maxwell Dee
Kinatico Boosts 2H25 SaaS Revenue Forecast to $8.3m on Compliance Demand Surge
Kinatico (ASX:KYP) has upgraded its SaaS revenue forecast for the second half of FY25 to $8.3 million, driven by strong demand for its compliance and credential validation software. The company’s recent sales hires and April launch of Kinatico Compliance underpin this optimistic outlook.
5 May
Sophie Babbage
Pact Group Secures ASX Nod for Delisting Ahead of June Shareholder Vote
Pact Group Holdings has received conditional approval from the ASX for its voluntary delisting, pending shareholder endorsement at an upcoming extraordinary general meeting scheduled for 12 June 2025.
5 May
Victor Sage
Citigold Resumes Trading After Lodging Reissued Half Year Report
Citigold Corporation Limited has had its trading suspension lifted immediately following the submission of its reissued half year financial report and responses to ASX compliance queries.
5 May
Maxwell Dee
Citigold Navigates ASX Scrutiny Over $20M Asset Impairment Amid Auditor Dispute
Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.
5 May
Maxwell Dee