🕒 Monday 12 May 2025 Mon, 12 May 2025

AdNeo Limited is acquiring Learnt Global in a $5.775 million scrip deal, significantly expanding its footprint in Australia’s fast-growing vocational education market. The combined entity forecasts doubling revenue and achieving positive EBITDA by mid-2026.

AdNeo Limited announces a transformative all-scrip acquisition of Learnt Global Group, poised to double its annual revenue and unlock significant growth opportunities. The deal is backed by a $1.5 million equity placement and strategic board appointments.

Vertex Minerals has raised approximately A$11 million to accelerate underground mining at its high-grade Hill End Gold Project, targeting production by July 2025. The capital raising includes a share placement, convertible loan, and a Share Purchase Plan, positioning the company for strong margins amid a robust gold price environment.

Pilot Energy has locked in a $1.8 million convertible note funding deal led by Discovery Investments, fueling its transition from oil production to carbon storage at the Cliff Head site. The funding hinges on upcoming shareholder approval and replaces a previously stalled arrangement.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

Noronex Limited has appointed seasoned mining executive Victor Rajasooriar as Managing Director and CEO to spearhead growth in its Kalahari Copper Belt portfolio. This leadership change comes alongside a strategic share subscription and the retirement of a founding director.

PointsBet Holdings signals a possible shift in its acquisition path, considering Betr Entertainment's offer as potentially superior to the existing MIXI scheme. The company initiates mutual due diligence focusing on synergies and scrip valuation.

Andromeda Metals has successfully raised $5 million through a heavily subscribed placement, positioning the company to advance its flagship Great White Project and promising HPA initiative.

Horseshoe Metals has extended the gold surface materials processing option at Horseshoe Lights to mid-2025, while advancing copper Direct Shipping Ore activities and negotiating key offtake deals.

Alligator Energy appoints Andrea Marsland-Smith as CEO, marking a strategic leadership shift to accelerate its transition from uranium exploration to production at the Samphire project.

Power Minerals Limited has initiated a 2,000-metre drilling program at its Santa Anna niobium and rare earth elements project in Brazil, aiming to confirm and expand on promising earlier results as part of its due diligence for acquisition.

Firebird Metals has demonstrated a breakthrough in energy efficiency with its rotary kiln technology, cutting energy consumption by more than half during manganese ore processing trials for Kazakhstan’s Taza Metal Technologies.

Manhattan Corporation has secured a binding agreement to acquire the Hook Lake Project in Nunavut, Canada, featuring a high-grade gold deposit and polymetallic prospects. The company aims to validate historical estimates and advance exploration with a seasoned team onboard.

Ainsworth Game Technology forecasts a stable profit before tax of around $14 million for H1CY25, buoyed by Australian market gains and steady North American revenue despite challenges in Latam/Europe. The company also backs a major acquisition proposal by Novomatic AG.

ClearVue Technologies has inked a five-year exclusive manufacturing and distribution agreement with New Zealand’s Viridian Glass, marking its strategic entry into the New Zealand market with solar-integrated glazing solutions.

Universal Biosensors reports a 6% sales increase in Q1 2025, driven by strong growth in wine and veterinary biosensors, while preparing to launch its innovative water testing product later this year.

Zeotech Limited has successfully completed a two-year methane control program, developing a zeolite-based biofilter that reduces landfill methane emissions by more than 90%. The company is now preparing for on-site trials and commercial deployment.

Waratah Minerals has raised $8.4 million through a share placement to accelerate drilling at its Spur Gold-Copper Project, targeting promising gold and copper mineralisation in the Lachlan Fold Belt.

Emperor Energy's Environmental Plan for the Judith-2 Well has passed NOPSEMA's completeness check and is now open for public comment, marking a key regulatory milestone on the path to drilling in mid-2026.

Legacy Minerals has resumed drilling at its expansive Thomson Project in NSW, focusing on the promising Cut-B anomaly after completing work on the F4 anomaly. Early results and historical data suggest a significant intrusion-related gold-copper system with high-grade mineralisation potential.

South32 has announced a planned CEO transition with Matthew Daley joining as Deputy CEO in February 2026 and succeeding Graham Kerr later that year, marking a new chapter for the mining giant.

Ridley Corporation is set to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, marking a strategic expansion into fertiliser services backed by a $125 million equity raise. The deal is expected to significantly enhance Ridley’s earnings and market footprint by FY26.

Ridley Corporation announces a $300 million acquisition of Incitec Pivot Fertilisers Distribution, aiming to boost earnings and diversify its agricultural services portfolio. The deal includes a $125 million equity raise and strategic supply agreements.

Ridley Corporation has agreed to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, backed by a $125 million equity raise. This move positions Ridley as a leading diversified agricultural services provider with a new growth pillar.