🕒 Friday 17 October 2025 Fri, 17 Oct 2025
87 Articles
Vectus Biosystems Resumes Trading After Key Drug Deal Announcement
Vectus Biosystems has had its ASX trading suspension lifted following the disclosure of a significant transaction involving a compound from its drug library, signaling renewed investor interest.
17 Oct
Ada Torres
Vectus Biosystems Trades Renal Drug for US$3M Stake in XORTX
Vectus Biosystems has agreed to sell its VB4-P5 renal fibrosis compound to Canadian biotech XORTX Therapeutics for US$3 million in shares and warrants, gaining a strategic equity position while refocusing on its cardiovascular and fibrosis pipeline.
17 Oct
Ada Torres
Shriro Launches $5M Share Buy-Back at 14% Premium Amid Strategic Shift
Shriro Holdings announces a $5 million off-market share buy-back at a 14.1% premium, signaling a pivot from acquisitions to expanding its BBQ range globally. The move aims to return excess capital to shareholders while maintaining flexibility for further buy-backs.
17 Oct
Victor Sage
Why DGL Group’s ASX Suspension Persists Amid Auditor Doubts
DGL Group Limited remains suspended from ASX trading following delays in lodging audited accounts and a concerning auditor disclaimer. Investors await clarity on the company’s financial health and path to reinstatement.
17 Oct
Claire Turing
BlackRock Declares Final Distributions for Two ESG iShares ETFs
BlackRock Investment Management (Australia) Limited has announced final cash distributions for its iShares Balanced ESG ETF and High Growth ESG ETF, detailing payment schedules and reinvestment options for investors.
17 Oct
Claire Turing
Vault Minerals Executes 13-for-2 Security Consolidation Ahead of November Trading
Vault Minerals Limited has announced a significant security consolidation, reducing its ordinary shares and performance rights by a factor of more than six. The move, effective from mid-November, aims to streamline the company’s capital structure ahead of resumed trading.
17 Oct
Maxwell Dee
PWR Holdings Elevates Weel to Chairman as Board Reshapes Leadership
PWR Holdings has announced significant board changes following its AGM, with founder Kees Weel stepping down as Managing Director to become Chairman, alongside new appointments to key governance roles.
17 Oct
Victor Sage
Aspermont Raises A$1.02M to Accelerate AI and Data Platform Growth
Aspermont Limited has completed its Share Purchase Plan and shortfall placement, raising over A$1 million to fund its digital transformation and AI-driven services expansion.
17 Oct
Victor Sage
DGL Group Faces Auditor Disclaimer Amid $27.9M Loss and ERP Overhaul
DGL Group Limited has reported a larger-than-expected FY25 net loss following an increased goodwill impairment and received a Disclaimer of Opinion from its auditor due to inventory and control issues during a major ERP system rollout.
17 Oct
Victor Sage
FortifAI Strengthens Pipeline and Cuts Costs Amid AI Expansion Plans
FortifAI Limited reported steady revenue and significant cost reductions in Q1 FY26, while securing new contracts and advancing AI initiatives to boost operational efficiency.
17 Oct
Sophie Babbage
Zoono Group Denies Undisclosed News Amid Trading Spike, Highlights Shelf-Life Trials
Zoono Group Limited has responded to an ASX price query following a recent surge in its share price and trading volume, confirming no undisclosed information exists and attributing market activity to ongoing shelf-life extension trials across multiple continents.
17 Oct
Ada Torres
PWR Holdings Navigates Leadership Shift and New HQ Amid Growth Ambitions
PWR Holdings announces a pivotal leadership transition alongside the completion of its new global headquarters, reporting a transitional FY25 with mixed financial results but a confident outlook for FY26.
17 Oct
Victor Sage
Charter Hall Long WALE REIT Revises DRP Price Ahead of November Dividend
Charter Hall Long WALE REIT has updated the price for its Dividend Reinvestment Plan (DRP) for the upcoming quarterly distribution, setting a new discounted issue price for investors opting to reinvest dividends.
17 Oct
Victor Sage
Vectus Biosystems Halts Trading Ahead of Major Drug Deal Reveal
Vectus Biosystems has requested an immediate suspension of its ASX-listed shares pending a significant announcement about a transaction involving a compound in its drug library.
17 Oct
Ada Torres
Cyprium Metals Secures A$80M to Advance Copper Projects and Strengthen Balance Sheet
Cyprium Metals has completed the second tranche of its placement, raising approximately A$80 million to fund key projects and reinforce its financial position.
17 Oct
Maxwell Dee
Prominence Energy Secures Strategic Hydrogen Licence, Boosts Leadership and Capital
Prominence Energy has achieved a pivotal milestone with the award of Petroleum Exploration Licence 803 for its Gawler Hydrogen Project, positioning itself as a key player in Australia's emerging natural hydrogen sector. The company also strengthened its leadership team and completed a $1.75 million capital raise to fund its growth ambitions.
17 Oct
Maxwell Dee
Multistack International Moves to Exit Core Business Amid Ongoing Losses
Multistack International Limited has announced plans to discontinue its current business operations due to sustained losses and capital constraints, with a strategic disposal of its Australian subsidiary underway.
17 Oct
Victor Sage
Multistack Navigates Cash Outflows with Strong Reserves and Strategic Share Disposal
Multistack International Limited reported a net operating cash outflow of A$180,348 for the September quarter but maintains robust cash reserves of A$1.33 million. The company is planning a strategic disposal of its shares in Multistack Australia, signaling a potential shift in its operational focus.
17 Oct
Victor Sage
PARKD Surpasses Share Purchase Plan Target, Raising $220,000
PARKD Limited has successfully closed its Share Purchase Plan, raising $220,000; well above the initial $120,000 target; following a recent $780,000 placement. This capital boost underscores strong shareholder confidence in the company’s innovative building solutions.
17 Oct
Victor Sage
European Lithium Sells $50M in CRML Shares as CRML Raises $50M for Greenland Project
European Lithium has offloaded an additional US$50 million worth of Critical Metals Corp shares, coinciding with CRML’s own US$50 million capital raise to advance its Greenland rare earth project.
17 Oct
Maxwell Dee
Asian Battery Metals Confirms Massive Sulphide Continuity at Maikhan Uul
Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.
17 Oct
Maxwell Dee
WAM Income Maximiser Unveils $48 Million Discounted Share Purchase Plan
WAM Income Maximiser Limited has launched a Share Purchase Plan offering eligible shareholders a discounted entry point to increase their holdings, aiming to raise up to $48.1 million to fuel portfolio growth and deliver steady dividends.
17 Oct
Victor Sage
WAM Income Maximiser Unveils $48.1M Share Purchase Plan at 4.6% Discount
WAM Income Maximiser Limited is offering eligible shareholders the chance to buy up to $30,000 in shares at a discount, aiming to raise $48.1 million to fuel growth and support monthly dividends.
17 Oct
Claire Turing
WAM Income Maximiser Raises $120M in Oversubscribed Placement Amid Strong Demand
WAM Income Maximiser Limited has successfully completed an oversubscribed $120.2 million placement, reflecting robust investor confidence since its April 2025 IPO. The company also declared a fully franked dividend for October and provided guidance for upcoming months.
17 Oct
Claire Turing