🕒 Thursday 7 August 2025 Thu, 7 Aug 2025
83 Articles
Domain Holdings Suspended After Court-Backed Acquisition Deal
Domain Holdings Australia Limited shares are suspended from ASX trading following Supreme Court approval of its acquisition by Andromeda Australia SubCo Pty Limited. This marks a pivotal shift for the online real estate services company.
7 Aug
Eva Park
Celsius Advances MCB Project Amid New Kiri Industries Investment Talks
Celsius Resources reports steady progress on the MCB Copper-Gold Project feasibility and engineering design, while engaging multiple parties in financing discussions including a new memorandum of understanding with Kiri Industries.
7 Aug
Maxwell Dee
Neometals Exits Battery Recycling JV, Secures €5M Plus Royalties
Neometals has agreed to sell its 50% stake in the lithium-ion battery recycling joint venture Primobius to SMS Group for €5 million upfront plus future royalties, marking a strategic pivot away from capital-intensive projects.
7 Aug
Maxwell Dee
Sequoia Financial Delivers Strong FY25 Results Amid Governance Overhaul and ASIC Probe
Sequoia Financial Group reports robust FY25 growth with improved margins and a fully franked dividend, while navigating regulatory scrutiny and governance reforms.
7 Aug
Claire Turing
Duxton Farms Posts $12.5M Loss Amid Strategic Shifts and Property Sales
Duxton Farms reported a significant $12.5 million net loss for FY2025, reversing last year’s profit, while declaring an 85% franked dividend of 24 cents per share. The company’s revenue dipped due to property sales and increased expenses tied to a proposed acquisition.
7 Aug
Ada Torres
VDM Group Battles Angolan JV Dispute While Eyeing New Critical Minerals Projects
VDM Group remains suspended from ASX trading amid a legal dispute over its Angolan joint ventures, while pivoting towards new critical minerals opportunities in Australia.
7 Aug
Maxwell Dee
Elanor Commercial Property Fund Faces Unsolicited $0.70 Takeover Bid
Elanor Commercial Property Fund has received an unsolicited off-market takeover offer from the Lederer Group, prompting the formation of an Independent Board Committee to evaluate the proposal and advise securityholders.
7 Aug
Eva Park
Universal Biosensors Reconsiders Funding with New Entitlement Offer Plan
Universal Biosensors updates investors on a shift from a secured loan to a potential entitlement offer, signaling evolving funding strategies and extended timelines.
7 Aug
Ada Torres
Lodestar Minerals Boosts Loyalty Offer with Enhanced Option Ratio
Lodestar Minerals has launched a revised loyalty options offer, increasing the allocation ratio to one option per twenty shares, aiming to reward shareholders and potentially raise capital.
7 Aug
Maxwell Dee
Lodestar Minerals Rewards Shareholders with Loyalty Options Offering
Lodestar Minerals launches a pro-rata bonus issue of Loyalty Options to existing shareholders, offering potential future capital without immediate dilution. The options are exercisable at $0.01 until August 2029, aiming to reward long-term investors and support company growth.
7 Aug
Maxwell Dee
Xstate Resources Extends Capital Raise to Secure ASX Reinstatement
Xstate Resources has extended its Re-compliance Prospectus Offer deadline to 21 August 2025, aiming to meet ASX conditions for re-admission by raising at least $2 million from 300 new investors.
7 Aug
Maxwell Dee
Court Greenlights On Nut Road’s Full Takeover of Donaco International
The Supreme Court of New South Wales has approved the acquisition scheme for Donaco International by On Nut Road Limited, setting the stage for share suspension and final payment in August 2025.
7 Aug
Victor Sage
Domain Holdings Declares Special Dividend After Court Approves Acquisition Scheme
Domain Holdings Australia has announced an unconditional special dividend following the Supreme Court of New South Wales' approval of its acquisition scheme by CoStar Group. The dividend will be paid in mid-August, marking a key milestone in the takeover process.
7 Aug
Eva Park
Domain’s $4.34 Per Share Buyout by CoStar Now Legally Effective
Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.
7 Aug
Victor Sage
Papyrus Australia Names New CEO as It Shifts to Commercial Scale
Papyrus Australia appoints Daniel Schmidt as CEO to lead its transition from R&D to commercial operations, alongside a strategic restructure to support growth.
7 Aug
Maxwell Dee
Finexia Financial Group Lifts Trading Suspension Amid Major Business Shake-Up
Finexia Financial Group has resumed trading following announcements of a significant business disposal and new executive appointments, signaling a pivotal restructuring phase.
7 Aug
Claire Turing
Finexia Reinstates CEO, Boosts Governance, and Targets Childcare Recovery
Finexia Financial Group announces a strategic leadership reshuffle with the return of Neil Sheather as CEO and Managing Director, the appointment of Robert Spano as Executive Chairman, and a new CEO for its childcare subsidiary, Shared Beginnings.
7 Aug
Claire Turing
Key Petroleum Names Yan Zhao as New Managing Director
Key Petroleum Limited has appointed Yan Zhao as Managing Director, bringing over two decades of mining and exploration expertise to the helm. The move signals potential strategic shifts amid a modest remuneration package.
7 Aug
Maxwell Dee
Nanoveu Secures Final $400K in $3M Capital Raise, Chairman Leads Placement
Nanoveu Limited has completed the final tranche of its $3.02 million capital raising, with Chairman Dr David Pevcic investing $400,000 following shareholder approval. This funding round bolsters Nanoveu’s push in advanced semiconductor and 3D visualization technologies.
7 Aug
Sophie Babbage
SSH Group Secures $2.75M to Fuel Next Growth Phase
SSH Group has completed a $2.75 million placement and secured quotation of new options, positioning itself to accelerate growth across its mining, civil, and construction divisions.
7 Aug
Maxwell Dee
IDT CEO Resigns Amid Revenue Surge and Rising Losses
IDT Australia announces the immediate resignation of CEO Paul McDonald, appointing Executive Chair Mark Simari to lead as the company reports a 40.6% revenue increase but a widening net loss for FY25.
7 Aug
Victor Sage
WT Financial Group Accelerates Growth with Strategic JV and Strong FY25 Results
WT Financial Group reports robust FY2025 growth driven by a scalable adviser network and a strategic joint venture with Merchant Wealth Partners, positioning itself for further consolidation in Australia’s financial advice sector.
7 Aug
Claire Turing
Trigg Minerals Confirms Tungsten Project Acquisition Amid Price Surge
Trigg Minerals has disclosed a significant acquisition of the Tennessee Mountain tungsten project in Nevada, explaining recent unusual trading activity in its shares. The company confirms compliance with ASX disclosure rules and plans a full announcement before market open on August 7, 2025.
7 Aug
Maxwell Dee
Trigg Minerals Expands Into Tungsten with Historic Tennessee Mountain Acquisition
Trigg Minerals has acquired 100% of the Tennessee Mountain Tungsten Project in Nevada, marking a strategic expansion into critical minerals with a historically significant tungsten resource. The move aligns with rising tungsten demand and the company's goal to become a key supplier of defence metals.
7 Aug
Maxwell Dee