🕒 Monday 7 July 2025 Mon, 7 July 2025
76 Articles
Bastion Minerals Raises $414K in Entitlement Offer, Eyes Shortfall Placement
Bastion Minerals has successfully closed its non-renounceable entitlement offer, securing $414,190 from 105 applications. The company plans to issue shares imminently and will work with underwriters to place any remaining shortfall by late July.
7 July
Maxwell Dee
Federal Court Greenlights Platinum Capital’s Major Restructure Scheme
Platinum Capital Limited has secured Federal Court approval to convene a shareholder meeting for its proposed restructure, exchanging shares for units in the Platinum International Fund Complex ETF. The Scheme Booklet will be dispatched mid-July ahead of a hybrid meeting in August.
7 July
Claire Turing
Platinum Asset Management Faces $428M Outflows, Boosts FY26 Cost Savings Target
Platinum Asset Management reported significant net outflows in June 2025, prompting an increase in its FY26 cost savings target to offset revenue pressures. The firm also outlined ongoing expense reductions and forecast modest investment income for FY25.
7 July
Claire Turing
TPG Telecom Secures FIRB Nod for $5.25 Billion Fibre Asset Sale to Vocus
TPG Telecom has received Foreign Investment Review Board approval to sell its fibre and fixed Enterprise, Government and Wholesale assets to Vocus for $5.25 billion, marking a pivotal step in its strategic reshaping.
7 July
Sophie Babbage
Receivers Take Control of Dartbrook Mine; AQC Faces No Value from Joint Venture
Australian Pacific Coal Limited has announced receivership over its Dartbrook Mine assets following the operator's voluntary administration, signaling a significant setback for the company’s joint venture interests.
7 July
Maxwell Dee
Netlinkz Launches Securelink JV in Manila, Eyes ASEAN Growth and ASX Relisting
Netlinkz Limited has officially launched its Securelink joint venture in the Philippines, marking a strategic pivot towards ASEAN markets while progressing a debt restructure and capital raise to support growth and an ASX relisting.
7 July
Sophie Babbage
Netlinkz Advances ASEAN JV, Boosts Network Security with Starlink Integration
Netlinkz Limited reports $2.4 million in quarterly receipts and announces a strategic joint venture in the Philippines, enhancing its cybersecurity footprint in the ASEAN region with innovative network solutions.
7 July
Sophie Babbage
Netlinkz Ends Starlink Ops, Eyes ASEAN Growth with $4.8M Quarterly Receipts
Netlinkz Limited reports $4.8 million in quarterly customer receipts, exits Starlink operations, and pivots to a joint venture in the Philippines to drive growth across ASEAN markets.
7 July
Sophie Babbage
Finbar Secures $15.7M West Leederville Site for $200M Apartment Project
Finbar Group has acquired a prime West Leederville site for $15.7 million, aiming to develop 240 apartments valued at $200 million, with earnings expected by FY2030.
7 July
Eva Park
Mithril Silver & Gold Unveils Massive 8km High-Grade Gold-Silver System at Copalquin
Mithril Silver and Gold Limited has expanded its flagship Copalquin Project in Mexico, revealing an 8-kilometre-long, high-grade gold-silver system and ramping up drilling activities across multiple targets.
7 July
Maxwell Dee
Macarthur Minerals Extends Rights Issue Timetable Amid ASIC Review
Macarthur Minerals has extended the timetable for its A$2 million renounceable rights issue, providing shareholders more time to participate amid ongoing regulatory scrutiny by ASIC.
7 July
Maxwell Dee
JPMorgan Climate Change ETF Reveals Key Tax Distribution Details for FY2025
JPMorgan Asset Management has released estimated tax attribution components for its Climate Change Solutions Active ETF for the fiscal year ending June 2025, confirming its status as a Managed Investment Trust.
7 July
Claire Turing
REZ Completes $2.485M Mount Mackenzie Sale, Eyes East Menzies Growth
Resources & Energy Group Limited has finalized the sale of its Mount Mackenzie Gold Project to QMines Limited, securing $1 million in cash and 33 million shares, while sharpening its focus on the East Menzies Gold Project in Western Australia.
7 July
Maxwell Dee
Vanguard ETFs Secure ASIC Relief from Half-Year Reporting for 2025
Vanguard Investments Australia Limited will forgo half-yearly financial reports for select ETFs in their first short financial year, leveraging ASIC’s regulatory relief to streamline reporting.
7 July
Claire Turing
Pact Group Sets ASX Exit with Modest FY25 Revenue Rise
Pact Group Holdings confirms its voluntary delisting from the ASX effective mid-July, alongside a provisional FY25 trading update showing slight revenue growth driven by its Materials Handling segment.
7 July
Victor Sage
Zeus Resources Secures High-Grade Casablanca Antimony Project in Morocco
Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, unlocking access to exceptionally high-grade antimony mineralisation and positioning itself in a mining-friendly jurisdiction.
7 July
Maxwell Dee
QMines Expands Copper-Gold Reach with Mt Mackenzie Acquisition
QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.
7 July
Maxwell Dee
Manuka Resources Suspends Trading Ahead of Major Capital Raise
Manuka Resources has voluntarily suspended its shares on the ASX pending a significant capital raising announcement, signaling a pivotal moment for the gold miner.
7 July
Maxwell Dee
MedAdvisor Completes $42.35M Sale of ANZ Business, Eyes US Growth
MedAdvisor Limited has finalized the sale of its Australian and New Zealand operations to Jonas Software for an estimated $42.35 million, marking a strategic pivot towards its US business. The company also announced upcoming CFO changes as it refocuses its growth trajectory.
7 July
Ada Torres
Vection Secures $4M AI-XR Deal, Sets New Monthly Order Record
Vection Technologies has landed a $4 million contract with Italy’s Omniacom Group to deploy its AI-integrated extended reality solutions across multiple sectors, marking a milestone in its European expansion.
7 July
Sophie Babbage
US Budget Bill Drops Legal Finance Tax, Boosting Omni Bridgeway Outlook
Omni Bridgeway confirms the US Budget Bill signed on 4 July 2025 excludes the proposed Legal Finance tax, a move welcomed by the company amid broad political support.
7 July
Claire Turing
Topco Secures $1.4 Billion Funding Milestone Ahead of Soul Patts-Brickworks Merger
Topco, the newly proposed ASX-listed entity from the merger of Soul Patts and Brickworks, has secured full equity funding of approximately $1.4 billion, setting the stage for the merger’s next phase.
7 July
Victor Sage
Topco Secures $1.4 Billion Funding Milestone Ahead of Soul Patts-Brickworks Merger
Topco, the new ASX-listed entity formed by the merger of Washington H. Soul Pattinson and Brickworks, has secured full equity funding of approximately $1.4 billion, setting the stage for the merger's next phase.
7 July
Victor Sage
The Star Extends Key Agreement Deadline, Faces $36.5M Repayment Risk
The Star Entertainment Group has extended the termination date of its binding heads of agreement with joint venture partners to 31 July 2025, with significant repayment obligations looming if negotiations falter.
7 July
Victor Sage