🕒 Tuesday 13 October 2026 Tue, 13 Oct 2026
68 Articles
Cygnus takeover clears Kazakhstan hurdle ahead of final court hearing
Central Asia Metals has secured the Kazakhstan regulatory approval required for its proposed acquisition of Cygnus Metals, removing a key condition before tomorrow’s Second Court Hearing. The scheme remains subject to the court process and any remaining conditions, with implementation still targeted for 27 October.
13 Oct
Maxwell Dee
Zenith backs Forrestania takeover despite 7.7 cent value and deeper dilution
Zenith Minerals has reaffirmed its support for Forrestania Resources’ takeover, arguing that the completed Edna May acquisition and A$310 million capital raising outweigh a sharply lower implied offer value. The recommendation comes with a clear split: long-term shareholders may favour the combination, while shorter-term holders may reasonably reject it.
13 Oct
Maxwell Dee
InteliCare turns aged care pilots into an $8.8 million rollout platform
InteliCare Holdings Limited (ASX:ICR) used FY2026 to move from pilot projects into contracted deployment, led by an estimated $8.8 million five-year agreement with mecwacare. Revenue and customer receipts more than doubled, although the company remains loss-making and reliant on disciplined rollout execution and further funding.
13 Oct
Victor Sage
Forrestania takeover reaches 58.54% as Panel orders reshape Zenith control
Forrestania Resources has extended its takeover offer for Zenith Minerals to 12 November after Takeovers Panel findings forced corrective disclosure and new shareholder protections. The bidder says it has 49.43% acceptances and a 58.54% relevant interest, but restrictions will limit its voting and control rights even if the offer succeeds.
13 Oct
Maxwell Dee
Legend Mining clears path for Pyrophyllite Hill drilling with $9.24 million cash
Legend Mining is preparing to test its Pyrophyllite Hill gold prospect with a 50-hole aircore program after completing heritage surveys. The explorer ended September with $9.24 million in cash, although the reported 19.5-quarter funding estimate is based on a relatively modest quarter of spending.
13 Oct
Maxwell Dee
Tusker completes Malawi asset sale with $800,000 cash and 40 million AuKing shares
Tusker Minerals has completed the sale of its Malawi exploration subsidiary to AuKing Mining, receiving $800,000 in cash and 40 million escrowed AuKing shares. The deal gives Tusker further deferred and performance-linked consideration while redirecting its immediate funding capacity towards Cameroon and the retained Mzimba project.
13 Oct
Maxwell Dee
Image Resources denies undisclosed news behind sharp share price rise
Image Resources says it knows of no undisclosed information that could explain its share price more than doubling between 9 and 13 October. The response follows an ASX price query prompted by the move and a surge in trading volume.
13 Oct
Maxwell Dee
TCF Targets 5.0 Cents Monthly as Bathla Recoveries Advance
360 Capital Mortgage REIT has stepped deeper into the recovery of its Bathla exposures, acquiring senior debt over a 72-apartment project while reporting further property sales. The Trust is targeting monthly FY27 distributions of 5.0 cents per unit, but much still depends on settlements and property realisations.
13 Oct
Claire Turing
Canterbury's copper portfolio faces a $2 million funding test
Canterbury Resources is advancing two sizeable Queensland copper projects, but its FY2026 annual report puts the company’s funding position firmly in the spotlight. The explorer ended June with $220,503 in cash and a material uncertainty over its ability to continue as a going concern.
13 Oct
Maxwell Dee
Port of Tauranga faces five legal challenges to Stella Passage approval
Port of Tauranga is facing three appeals and two judicial review applications against approval for its Stella Passage expansion. The port plans to defend the consent and seek a single expedited High Court hearing, but the filing does not quantify possible delays or costs.
13 Oct
Nora Hopper
SkyCity Wins Rights to Apply for Two New Zealand Online Casino Licences
SkyCity Entertainment Group has secured the right to apply for two New Zealand online casino licences, committing NZ$30 million in licence fees before GST. The company still needs to complete the application process ahead of next year’s planned market opening.
13 Oct
Victor Sage
Berkeley Energia gives no clear reason for 55% share price surge
Berkeley Energia says it is unaware of any undisclosed information that could explain a sharp rise in its shares, after ASX sought answers as the stock approached $0.95. The company pointed only to Spain’s decision to bring forward its general election.
13 Oct
Maxwell Dee
Anatara Moves AOC Toward Manufacturing Without Another Clinical Trial
Anatara Lifesciences will manufacture an approximately 10,000-capsule demonstration batch of its AOC anti-obesity compound after deciding further pre-clinical work and an immediate clinical trial are not required. The company ended September with $551,000 in cash, helped by a $318,402 R&D tax rebate.
13 Oct
Ada Torres
Bailador pairs $28m cash realisations with 32% portfolio revenue growth
Bailador Technology Investments reported $28 million in FY26 cash realisations and 32% weighted revenue growth across its portfolio, while profit after tax fell to $6.9 million. The technology investment fund also reaffirmed its fully franked dividend strategy despite a 7.5% gross portfolio return that fell short of internal targets.
13 Oct
Claire Turing
White Energy takes control of South Galilee coal project for A$0.5 million
White Energy has completed the A$0.5 million acquisition of the South Galilee Coal Project, taking control of the entities that hold its tenements. The transaction gives the company another coal asset, but the filing provides no development timetable, resource figures or production outlook.
13 Oct
Maxwell Dee
BKI targets 8.00c dividend as FY2027 revenue outlook strengthens
BKI Investment Company reported a stronger FY2026 and proposed lifting ordinary dividends to 8.00 cents per share in FY2027. The listed investment company also expects first-half ordinary revenue of approximately $38.0 million, while its shares remained at an 11.8% discount to pre-tax net tangible assets at 30 June.
13 Oct
Claire Turing
Matrix opens $12m IPO as Orbit shareholders get priority access to Narraburra
Matrix Critical Minerals has opened an IPO seeking up to $12 million to advance Orbit Resources’ Narraburra Rare Earths Project. Eligible Orbit shareholders can apply for up to 10 million Matrix shares, although the proposed listing still depends on funding, ASX approval and shareholder consent.
13 Oct
Maxwell Dee
PointsBet flags 16% revenue drop as compliance actions and AFL results hit Australia
PointsBet expects first-half FY27 revenue of approximately $113 million, down 16% from the prior corresponding period, with normalised EBITDA falling to a loss of $6 million to $8 million. The company attributed the setback to stricter Australian compliance measures and adverse betting results, particularly in AFL.
13 Oct
Victor Sage
Carbonxt expands Reworld supply deal and lifts FY27 revenue outlook to 40% growth
Carbonxt has added four US waste-to-energy facilities to its Reworld supply agreement, lifting annual Powdered Activated Carbon volumes by about 25% from January 2027. The expanded contract pushes the company’s FY27 revenue expectation to at least 40% above FY26, while Kentucky remains outside the forecast.
13 Oct
Victor Sage
Volt raises $1.5 million as insiders back Alabama graphite refinery push
Volt Resources has secured a $1.5 million placement to fund its Alabama high-purity graphite refinery study, advance pilot work and reduce debt. Almost half the raise is subscribed by two directors, although their participation still requires shareholder approval.
13 Oct
Victor Sage
COSOL reports $4.0m loss as cost cuts and new contracts test FY27 recovery
COSOL’s revenue fell 15.6% in FY26 and the ASX-listed asset management technology company swung to a $4.0 million statutory loss after goodwill impairments. Management is betting that leaner operations, new transport contracts and AI-led services can restore profitable growth, but the recovery still needs to show up in revenue.
13 Oct
Victor Sage
PARKD Adds Symal Partnership and A$800,000 Premium Placement
PARKD has secured an exclusive three-year partnership with ASX-listed Symal across Victoria and South Australia, alongside an A$800,000 placement priced at a premium. The deal expands PARKD’s east coast delivery network, although future projects and revenue remain uncommitted.
13 Oct
Victor Sage
XRF Scientific Revenue Jumps 38% as Orbis and CGA Set Up Stronger Quarter
XRF Scientific has delivered its strongest September quarter in years, with revenue rising 38% to $21.1 million and profit before tax climbing 30% to $4.4 million. Orbis growth, resilient consumables demand and the developing CGA business are giving the company several avenues for further expansion, although precious metals revenue included a low-margin one-off sale.
13 Oct
Victor Sage
Delorean lines up $20m Westpac financing for Horsley Park bioenergy project
Delorean Corporation has secured a non-binding $20 million financing mandate from Westpac for its NSW1 Horsley Park bioenergy project, taking identified funding to about 81% of the estimated build cost. The project still needs binding finance documents and a further $11.6 million before financial close can be reached.
13 Oct
Victor Sage