🕒 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Maxwell Dee