🕒 Tuesday 24 June 2025 Tue, 24 June 2025
87 Articles
HealthCo REIT Valuation Slides 4.3%, Halts Q2 Distribution Amid Hospital Sale Talks
HealthCo Healthcare & Wellness REIT reports a $1.483 billion portfolio valuation, down 4.3% due to cap rate shifts, while suspending its Q2 distribution to safeguard liquidity amid ongoing hospital asset due diligence.
24 June
Eva Park
Xanadu Mines Takeover Offer Goes Unconditional as Major Shareholders Back Bid
Xanadu Mines has announced that Bastion Mining’s takeover offer is now unconditional, with key shareholders Zijin and CAAF Ltd accepting the bid and the offer period extended to mid-July.
24 June
Maxwell Dee
Treasury Wine Estates Wins Court Nod for $65M Shareholder Settlement
Treasury Wine Estates has secured Supreme Court approval for a $65 million settlement of a consolidated shareholder class action, allowing the company to focus on its strategic goals without admitting liability.
24 June
Victor Sage
BlinkLab Denies Undisclosed News Amid Unusual Trading Surge
BlinkLab Limited has responded to an ASX query regarding recent unusual trading activity, confirming no undisclosed material information exists and highlighting pending ADHD diagnostic results expected later this year.
24 June
Ada Torres
Goodman Group Declares Estimated AUD 0.15 Unfranked Dividend for H1 2025
Goodman Group has announced an estimated ordinary dividend of AUD 0.15 per security for the six months ending June 30, 2025, with payment scheduled for August 26. Investors await further tax details due later in August.
24 June
Victor Sage
Eildon Capital Unveils Flexible Dividend Reinvestment Plan for Securityholders
Eildon Capital has launched a new Dividend and Distribution Reinvestment Plan (DRP) offering Australian and New Zealand securityholders a cost-free way to reinvest distributions into additional stapled securities. The plan provides flexible participation options and detailed governance to support investor choice and capital growth.
24 June
Claire Turing
Eildon Capital Reactivates Dividend Reinvestment Plan for June 2025 Payout
Eildon Capital Group has announced the reactivation of its Dividend and Distribution Reinvestment Plan (DRP) for the upcoming half-year distribution, offering securityholders a cost-free way to reinvest dividends into additional securities.
24 June
Victor Sage
Cardiex Secures $6.5M in Capital Raise Backed by Directors and Underwriters
Cardiex Limited has successfully raised $4.1 million through a fully underwritten entitlement offer, bringing total funds raised to $6.5 million including a recent institutional placement. The offer saw strong participation from directors and key shareholders, with new shares set to be issued imminently.
24 June
Ada Torres
Dexus Posts Modest Portfolio Gains Amid Legal Uncertainty Over APAC Dispute
Dexus reports a slight 0.4% increase in portfolio valuations driven by rental growth, alongside an 18-cent estimated distribution. Meanwhile, legal proceedings involving its APAC stake face delays, clouding future outcomes.
24 June
Eva Park
archTIS Explains Share Surge Amid US, UK Defence Wins and Potential Acquisition
archTIS Limited addresses ASX concerns over a sharp rise in its share price, linking the movement to recent contract wins in major defence markets and ongoing acquisition talks in the US.
24 June
Sophie Babbage
Eureka Elevates Simon Owen to Managing Director Amid Growth Momentum
Eureka Group Holdings has appointed Simon Owen as Managing Director, consolidating his leadership role after serving as CEO since September 2024. The move signals confidence in his vision for growth in the property and rental sectors.
24 June
Eva Park
Biotron Advances Hepatitis B Drug After Successful Animal Safety Trial
Biotron Limited has completed the initial safety phase of its lead Hepatitis B drug in animal studies, paving the way for efficacy testing in two distinct mouse models. This milestone marks a significant step forward in the company’s antiviral drug development program.
24 June
Ada Torres
DTI Group Secures $2.69M in Fully Underwritten Entitlement Offer
DTI Group has successfully closed a fully underwritten entitlement offer, raising $2.69 million to support its transit technology ambitions. The offer saw strong shareholder participation alongside a managed shortfall placement.
24 June
Sophie Babbage
Adherium Launches $4M Entitlement Offer to Accelerate Smart Inhaler Growth
Adherium Limited has announced an accelerated non-renounceable entitlement offer to raise approximately A$4 million, issuing new shares and options to fund expansion and product development. The offer includes a Top-Up Facility and is partially underwritten, signaling a strategic push to scale its respiratory monitoring technology.
24 June
Ada Torres
Bastion Mining Secures Control, Makes Xanadu Offer Unconditional
Bastion Mining has surpassed the critical 50.1% ownership threshold in Xanadu Mines, removing key conditions from its takeover bid and declaring the offer unconditional.
24 June
Maxwell Dee
Adherium Launches $4M Capital Raise to Accelerate US Growth
Adherium Limited is raising up to $4 million through a partially underwritten entitlement offer to expand its US digital health platform and recruit key personnel. The capital raise supports scaling patient onboarding and advancing its FDA-cleared smart inhaler technology.
24 June
Ada Torres
Lithium Universe CEO Shifts to Part-Time Role Amid Bécancour Project Push
Lithium Universe Limited announces a strategic management change with CEO Alex Hanly stepping down to a part-time Chief Development Officer role, maintaining his focus on the Bécancour Lithium Project. This move comes as the company advances its mission to close North America’s lithium conversion gap with a green lithium refinery in Québec.
24 June
Maxwell Dee
Kip McGrath Pulls Back From USA, Posts Stronger Underlying EBITDA Despite Challenges
Kip McGrath Education Centres announces exit from its unprofitable USA operations while reporting improved underlying EBITDA for FY25, alongside CEO transition costs and property lease provisions.
24 June
Victor Sage
Visible Gold Strikes in Maiden Drill at Olympio’s Bousquet Project
Olympio Metals has uncovered visible gold in the first hole of its maiden drilling program at the Paquin prospect within Quebec’s prolific Bousquet Gold Project, signaling promising potential ahead of assay results due mid-July.
24 June
Maxwell Dee
MA Credit Income Trust Secures A$49.7M in Oversubscribed Wholesale Placement
MA Credit Income Trust (ASX, MA1) has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite for private credit exposure. The capital will be deployed across diversified private credit strategies managed by MA Investment Management.
24 June
Claire Turing
MA Credit Income Trust Secures A$49.7M in Oversubscribed Wholesale Placement
MA Credit Income Trust has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite and positioning the trust for expanded private credit investments.
24 June
Victor Sage
RareX Unveils Australia’s Highest-Grade Gallium at Cummins Range
RareX Limited confirms exceptional high-grade gallium mineralisation at its Cummins Range project, positioning it as a strategic critical minerals asset amid soaring global demand and supply risks.
24 June
Maxwell Dee
Fortifai Upsizes Placement to $2.3M to Fuel AI Gaming Expansion
Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.
24 June
Sophie Babbage
North Stawell Minerals Secures $1M to Advance Gold Exploration
North Stawell Minerals has completed a $1 million placement, issuing over 33 million shares to fund its exploration efforts in Victoria's Stawell Mineralised Corridor.
24 June
Maxwell Dee