🕒 Wednesday 6 August 2025 Wed, 6 Aug 2025

Silk Logistics Holdings Limited will be suspended from ASX trading following court approval of its acquisition by DP World Australia, marking a significant shift in the logistics sector.

SportsHero Limited has responded to ASX queries about recent unusual trading activity, confirming no undisclosed price-sensitive information and ongoing compliance with disclosure rules.

EOS has landed a landmark €71.4 million export contract for its 100kW High Energy Laser Weapon system, marking a significant advance in counter-drone defense technology amid escalating global drone warfare threats.

Key Petroleum has completed a $152,361 placement, issuing over 3.6 million shares to a sophisticated investor to support merger preparations and working capital needs.

Toys"R"Us ANZ has formalised a Deed of Company Arrangement, paving the way for Directed Electronics Australia to acquire the company and trigger its delisting from the ASX.

Silk Logistics Holdings has secured court approval for its acquisition by DP World Australia, with shares set to be suspended on the ASX and a cash payout scheduled for shareholders.

The Supreme Court of New South Wales has approved DP World Australia’s acquisition of Silk Logistics, paving the way for a $2.14 per share cash payout to Silk shareholders and imminent suspension of Silk shares on the ASX.

AVJennings Limited has completed payment of a fully franked special dividend, reducing the Scheme Consideration per share ahead of the upcoming Scheme implementation.

Lowell Resources Fund (ASX – LRT) has announced a 12-month on-market unit buy-back of up to 10% of its units, aiming to boost unitholder returns and capital efficiency without compromising future growth.

Rhythm Biosciences has responded to an ASX price query following a sudden surge in its share price and trading volume, confirming no undisclosed information is driving the activity.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.

Far Northern Resources has updated its Inferred Mineral Resource Estimate for the Ios Gold Project, reporting 24,100 ounces of gold at 1.49 g/t grade. This strengthens its foothold in the Northern Territory’s Pine Creek Goldfields and sets the stage for further resource growth.

Manhattan Corporation has successfully raised $2.2 million to fund exploration activities at its Hook Lake Project, initiating fieldwork and commissioning an airborne magnetics survey to unlock new gold and polymetallic targets.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

Dexus Industria REIT has agreed to sell its remaining Brisbane Technology Park assets for $155.5 million, marking a strategic pivot to concentrate solely on industrial properties.

Peet Limited has announced an extension of its on-market share buy-back program, with a remaining 2.68 million shares to be acquired over the next year. The buy-back will be managed by UBS Securities Australia Limited and is set to run from September 2025 to September 2026.

Resolution Minerals has received a non-binding $225 million offer from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project in Idaho, signaling potential major shifts for the company’s US operations.

Tamawood Limited has posted an 18.5% increase in revenue for the year ended June 2025, alongside a modest rise in net profit, while maintaining a strong balance sheet and reinstating its dividend reinvestment plan.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.

Critical Resources Limited is advancing a suite of gold, antimony, and lithium projects across New Zealand, Canada, and Australia, with drill programs slated for late 2025. The company’s focus on underexplored Tier-1 jurisdictions and strategic resource development positions it well amid tightening critical minerals supply.

Critical Resources Limited has executed binding agreements to acquire a strategic gold-antimony portfolio in New Zealand’s Otago and Reefton regions, including the drill-ready Cap Burn project near OceanaGold’s Macraes mine. This low-cost entry into a Tier-1 jurisdiction offers promising exploration upside supported by recent geological analogues and regulatory reforms.

Southern Cross Gold Consolidated has announced a major metallurgical advancement at its Sunday Creek project, delivering a high-grade, low-arsenic antimony-gold concentrate alongside excellent gold recovery. This development enhances the project's economic potential amid shifting global supply dynamics for critical metals.

Finexia Financial Group has ended talks on a major disposal deal and is managing loan defaults with fresh collateral, while expanding its childcare lending strategy.