🕒 Friday 25 July 2025 Fri, 25 July 2025

Kinetiko Energy has spudded its third gas production test well at Brakfontein and signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant, backed by a recent $2.2 million capital raise.

Surefire Resources NL has responded to ASX inquiries concerning multiple breaches of its Securities Trading Policy by Executive Chairman Vladimir Nikolaenko, committing to enhanced compliance measures and policy revisions.

Multistack International has announced the discontinuation of its current business operations following a significant asset sale that settled a $3.55 million loan, signaling a major strategic shift for the company.

Multistack International Limited reported a net cash outflow for the quarter ending June 2025 but has strengthened its balance sheet through major loan repayments and is progressing acquisition discussions with SuperLink.

Supply Network Limited reported solid FY2025 results with 15% revenue growth and expanded its branch footprint, setting sights on further growth despite upcoming operational changes.

Australian Dairy Nutritionals Limited has reported a record-breaking quarter with total revenue soaring 119% year-on-year, driven by an 801% jump in nutritional powder sales and expanded distribution in China.

Aldoro Resources has confirmed a major expansion of its Kameelburg polymetallic deposit in Namibia, doubling the mineralisation footprint and enhancing drilling capabilities to deepen resource definition.

Supply Network Limited has reported strong preliminary FY2025 results with a near $40 million profit and a notable increase in its final dividend, signaling confidence ahead of audited figures.

Supply Network Limited has announced a fully franked ordinary dividend of AUD 0.38 per share for the fiscal year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount on new shares.

Aeris Resources has outlined a robust FY26 plan focusing on increased copper equivalent production and strategic asset management, aiming to enhance shareholder value through operational delivery and exploration.

Cycliq Group Ltd reported a 7% increase in customer receipts to $4.8 million for FY2025, alongside a positive net operating cash inflow, driven by strong Q4 sales and new digital initiatives.

Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.

Piedmont Lithium has outlined the detailed timetable for its merger with Sayona Mining, marking a significant restructuring in the North American lithium supply chain. The merger will culminate in Piedmont’s delisting from Nasdaq and ASX, with Sayona shares taking center stage.

Adslot Ltd has activated its StoreFront digital advertising platform across multiple international markets, driving $148.9 million in total transaction value for FY25 amid significant cost savings and a growing sales pipeline.

Openn Negotiation Ltd has successfully exited voluntary administration following creditor approval of a recapitalisation plan, supported by an interest-free loan from its major shareholder. Despite no substantive business activity this quarter, the company now has over two quarters of funding runway.

Lunnon Metals reports a first-ever gold Mineral Resource at Lady Herial alongside strong financial outcomes from its Scoping Study, while advancing negotiations with Gold Fields Ltd for ore processing.

Tennant Minerals announces CEO Vincent Algar's resignation effective July 31, with Algar transitioning to a consulting role as the company advances key copper-gold projects.

Sky Metals reports a highly successful drilling campaign at its Tallebung Tin Project, revealing significant new high-grade tin zones and expanding the deposit footprint. The company advances metallurgical testing and environmental studies to support upcoming mining approvals.

Sky Metals Limited reported a net cash outflow in operating and investing activities for Q2 2025 but ended the quarter with A$3.43 million in cash, signaling plans for a capital raise to sustain exploration efforts.

Rewardle Holdings Limited remains suspended from ASX trading due to prolonged delays in lodging financial reports, with the exchange warning of imminent delisting unless compliance is demonstrated by mid-September.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

H&S Group has exercised performance options to increase its stake in Nuchev Limited to 48.62%, injecting $1.9 million and enhancing Nuchev’s financial flexibility for growth.

Austin Metals has agreed to sell its Broken Hill exploration licenses to Kingfisher Mining for $400,000, marking a strategic shift to focus on its Western Australian gold projects.

Nelson Resources reports promising high-grade gold assay results from rock chip samples at its Yarri tenements, revealing new exploration targets and confirming mineralisation beyond known zones.