🕒 Monday 5 May 2025 Mon, 5 May 2025

Enlitic has formalised a binding MOU with GE HealthCare to deliver multi-million-dollar migration services, contingent on raising A$10 million through a new capital placement. This partnership and funding round mark a pivotal step in Enlitic’s growth strategy within AI-driven medical imaging.

AVJennings reported a 25% rise in Q3 FY25 contract signings and a 26% increase in settlements, while progressing an acquisition scheme that could reshape its future.

Waratah Minerals’ maiden drilling at Breccia West within the Spur Gold-Copper Project has intersected substantial porphyry copper-gold mineralisation, validating its exploration strategy and highlighting a compelling new drill target.

Apollo Minerals has completed its 2025 Phase 2 drilling at the Salanie Gold Project, revealing significant shallow high-grade gold mineralisation and confirming continuity across key prospects within a prolific greenstone belt.

US Masters Residential Property Group has amended its loan agreement with Global Atlantic, significantly lowering its Tangible Net Worth covenant to align with a strategic sales-driven reduction in debt.

Global uranium enrichment leader Urenco has agreed to invest A$5 million in Australian technology developer Ubaryon, forming a strategic partnership that validates and accelerates a novel uranium enrichment process.

AdAlta Limited has announced a pro rata renounceable rights offer to raise approximately $1.29 million, aiming to fund its strategic pivot towards licensing CAR-T cell therapies through its subsidiary AdCella. The offer includes new shares and options, underpinned by key insiders and an underwriting agreement.

Venus Metals Corporation’s subsidiary Redscope has won a $52,500 grant from the WA Government to co-fund diamond drilling at the Pincher Copper Project, targeting a significant geophysical anomaly. Drilling is set to begin in June 2025, advancing exploration of a promising volcanogenic massive sulphide system.

Anagenics Ltd has reported a significant earnings turnaround in 3Q25 following a strategic business restructure, alongside securing a multi-year royalty agreement worth $4.4 million with York Street Brands.

Neurizon Therapeutics has announced the successful completion of its Open-Label Extension study for NUZ-001 in ALS, revealing significant survival benefits and strong tolerability. The company is on track to release top-line results in Q3 2025 and advance to a pivotal Phase 2/3 trial.

Caspin Resources has raised $2.1 million through a two-tranche equity placement to fund ongoing exploration at its promising Bygoo Tin Project, following encouraging high-grade drill results. The capital raise underscores strong investor confidence as further assay and metallurgical results are anticipated soon.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking a strategic monetisation of its residual interest in the asset.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking another step in its asset monetisation strategy.

TechGen Metals Limited is advancing exploration with a +4,000m aircore drilling program at El Donna and multiple geophysical and sampling campaigns across Western Australia and New South Wales.

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Odyssey Gold’s recent 47km² airborne VTEM survey at Tuckanarra has identified 32 priority electromagnetic anomalies linked to gold mineralisation, revealing promising new exploration targets under cover. The survey confirms EM techniques as a powerful tool for expanding known resources in the prolific Murchison Goldfields.

Boom Logistics reports robust 3Q FY25 results with revenue and profit gains led by renewables projects, while pausing its share buy-back after meeting targets.

Endeavour Group reports a challenging Q3 with Retail sales down 3.1% and Hotels up 5.1%, while announcing Jayne Hrdlicka as incoming CEO and maintaining capital and finance guidance.

Aguia Resources has marked significant progress at its Santa Barbara gold project in Colombia, achieving maiden gold pours and initiating extensive drill testing. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise, positioning itself for expanded production.

Golden Horse Minerals reports robust assay results from 15 recent drill holes at Hopes Hill, confirming continuous high-grade gold mineralisation over 1.3km. Plans are underway to accelerate drilling with a diamond core rig to deepen geological understanding and advance resource definition.

Zeotech Limited has signed a non-binding MOU with global trading giant MSI to negotiate offtake agreements for its Toondoon Kaolin Project, potentially unlocking significant early cash flow and enhanced mining economics.

Godolphin Resources has reprocessed historic geophysical data at its Lewis Ponds project, revealing significant new gold, silver, and base metals targets that extend well beyond the current resource estimate. The company plans a modern deep-penetration survey to refine these promising targets.

C29 Metals has signed a binding Heads of Agreement with Bask International Group to form a joint venture targeting advanced copper and gold exploration projects in Kazakhstan, aiming to rapidly expand its portfolio and scale.

Adavale Resources has announced its first independent JORC 2012 Inferred Mineral Resource Estimate of 115,000 ounces of gold at the London-Victoria Gold Project in NSW, highlighting significant upside potential through planned drilling.