🕒 Friday 23 May 2025 Fri, 23 May 2025
58 Articles
Yowie Challenges Keybridge’s Board Shake-Up Amid Hostile Takeover Bid
Yowie Group has lodged a formal application with the Takeovers Panel to block Keybridge Capital from convening a shareholder meeting aimed at replacing Yowie’s board, accusing Keybridge of trying to frustrate its takeover offer.
23 May
Pioneer Lithium Finalises $320K Director Placement After Shareholder Nod
Pioneer Lithium has completed the second tranche of its capital raising, issuing 1.6 million shares to directors following shareholder approval. This move strengthens the company’s capital base as it advances its lithium exploration ambitions.
23 May
Osteopore Advances Convertible Note Funding with Additional A$500K Drawdown
Osteopore Limited has drawn down an additional A$500,000 from the first tranche of its redeemable convertible notes, bringing total subscriptions close to the A$5 million tranche limit. The funds will support ongoing operations and future growth initiatives.
23 May
Macarthur Minerals Launches Fully Underwritten A$2M Rights Issue to Boost Lake Giles Project
Macarthur Minerals has announced a fully underwritten pro-rata rights issue to raise nearly A$2 million, aiming to fund corporate operations and advance strategic options for its Lake Giles Iron Project.
23 May
Nufarm Finance NZ Boosts Profit 4.1% Amid Rising Interest Rates
Nufarm Finance (NZ) Limited reported a 4.1% increase in net profit after tax to NZD 10.35 million for the half-year ended 31 March 2025, driven by higher interest rates. The company declared an interim distribution of NZD 4.31 per security, payable in October 2024.
23 May
Chorus Unveils $170M Capital Notes Offer with S&P Equity Content Confirmed
Chorus Limited has lodged a replacement Product Disclosure Statement for its $170 million Capital Notes offer, confirming S&P’s equity content treatment and updating key offer dates and terms.
23 May
Reef Casino Trust Holds Steady Amid Takeover Talks and Rising Costs
Reef Casino Trust reported stable 2024 financial results with steady distributions, while confidential takeover proposals from two groups are under board review. Operational challenges include rising regulatory costs and inflationary pressures.
23 May
Lykos Metals Elevates David Wheeler and Appoints Petar Tomasevic as Interim CEO
Lykos Metals announces key leadership changes with David Wheeler stepping up as Non-Executive Chair and Petar Tomasevic taking the helm as Interim CEO, signaling a strategic pivot as the company advances in the Balkan region.
23 May
Reef Casino Trust Flags Profit Dip Amid Rising Costs and Strategic Moves
Reef Casino Trust projects a drop in first-half distributable profit for 2025, citing stable revenues but increased regulatory and transaction-related expenses.
23 May
Neuren Aligns Team with 2.16M Share Options on NNZ-2591 Milestones
Neuren Pharmaceuticals has approved a significant long-term equity incentive plan tied to critical clinical and regulatory milestones for its drug candidate NNZ-2591, reinforcing management’s commitment to shareholder value.
23 May
GreenHy2 Accelerates Battery Innovation with Graphene Tech and Strong FY24 Growth
GreenHy2 Limited has broadened its renewable energy storage portfolio by integrating graphene-based hybrid supercapacitor batteries, reporting robust FY24 growth and advancing key customer trials.
23 May
Orbminco Secures Majestic North Gold Project with 39,700oz JORC Resource
Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.
23 May
Auric Mining Accelerates Gold Growth with Strategic Capital Raise
Auric Mining Ltd has unveiled a capital raising plan aimed at boosting gold production and expanding its resource base through 2028, including key acquisitions and exploration initiatives.
23 May
Auric Mining Secures $6.66M to Accelerate Gold Production and Expand Assets
Auric Mining has raised $6.66 million through a strongly supported placement to fund key acquisitions and boost gold production amid record prices.
23 May
Alvo Minerals Cancels $2.93M Rights Issue After Lavra Velha Deal Falls Through
Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.
23 May
Streamplay Studio Suspends Trading Ahead of Major Gaming Platform Deal
Streamplay Studio Limited has voluntarily suspended its shares on the ASX pending a significant announcement about a new gaming platform agreement, signaling a potentially pivotal development for the company.
23 May
3P Learning Eyes 20% EBITDA Boost Despite Flat Revenue Outlook
3P Learning forecasts steady revenue for FY25 but anticipates a significant 20% uplift in underlying EBITDA and a stronger net cash position, driven by strategic product expansions.
23 May
Volt Resources Resumes Trading After Guinea Tenements Update
Volt Resources Limited has had its trading suspension lifted following a key announcement about its mineral exploration tenements in Guinea, signaling renewed investor interest.
23 May
Volt Resources Clarifies Guinea Licence Status Amid Media Reports
Volt Resources Limited addresses recent media speculation about the potential cancellation of its mining licences in Guinea, confirming no formal notice has been received and engagement with authorities is underway.
23 May
Sietel Limited Faces Profit Halving Amid Property and Startup Headwinds
Sietel Limited’s half-year results to March 2025 reveal an 11% revenue drop and a near 50% plunge in net profit, reflecting tough market conditions in property leasing and startup investments.
23 May
360 Capital Mortgage REIT Launches $11.1M Unit Purchase Plan at NAV
360 Capital Mortgage REIT (TCF) has announced a Unit Purchase Plan offering eligible unitholders the chance to buy new units at net asset value, aiming to raise up to $11.1 million to fund commercial real estate loans with a forecast 10.4% yield.
23 May
Zenith Minerals Locks In US$543K from Turkish Gold Project Exit
Zenith Minerals has secured a binding agreement to sell its 20% stake in Turkey’s Kavaklitepe Gold Project for US$543,000, marking a strategic shift to focus on its Australian gold assets.
23 May
ACCC Resumes Review of Silk Logistics Deal, New Decision Date Looms
The Australian Competition and Consumer Commission has resumed its review of DP World Australia's proposed acquisition of Silk Logistics, setting a new decision deadline that extends beyond key transaction milestones.
23 May
Terramin Boosts Loan Facility by $2.5M, Extends Terms with Major Shareholder
Terramin Australia’s subsidiary has nearly doubled its unsecured loan facility with major shareholder Asipac Group and extended loan terms to mid-2026, underpinning its corporate strategy amid ongoing financing plans.
23 May