Latest Administration News

Alara Resources' joint venture in Oman is under legal scrutiny as local residents seek to halt operations and challenge project licences. The company disputes the claims and continues production while monitoring developments.

Ainsworth Game Technology has issued a Target's Statement responding to an unsolicited proportional takeover bid by Kjerulf David Hastings Ainsworth amid an ongoing full takeover offer from Novomatic. The Independent Board Committee refrains from recommending acceptance or rejection, highlighting complex shareholder choices.

Memphasys Limited has extended the repayment terms of its convertible notes with major shareholder Peters Investments to mid-2026, reinforcing financial flexibility amid ongoing commercial progress.

Arovella Therapeutics has taken a significant step forward by submitting an IND application to the U.S. FDA for its lead CAR-iNKT cell therapy, ALA-101, targeting blood cancers. This milestone paves the way for a first-in-human Phase 1 trial in both Australia and the U.S.

Sprintex Limited has landed its largest-ever €15.6 million order for ZLD-UP® manure processing systems, marking a pivotal shift from evaluation to commercial deployment across Europe. This multi-year contract sets the stage for substantial revenue growth and a path to profitability in FY26.

Memphasys has secured CE Mark approval for its Felix™ sperm selection system, enabling full commercial rollout across Europe and activating multi-year contracts worth over A$1.3 million. This milestone signals the company’s transition into a revenue-scaling phase with global growth ambitions.

Dimerix secures FDA confirmation that proteinuria reduction is a valid primary endpoint for its Phase 3 ACTION3 trial, advancing its kidney disease drug DMX-200 closer to approval.

The FDA’s recent ruling classifying traditionally prepared kava beverages as food under U.S. law clears a major regulatory hurdle for The Calmer Co, accelerating its growth on Amazon and strengthening its U.S. expansion strategy.

Next Science Limited has applied for voluntary delisting from the ASX following the sale of nearly all its assets to OSARTIS GmbH. The company proposes a capital return to shareholders and intends to commence winding up after delisting.

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

Income Asset Management has secured a $2 million unsecured debt facility at 15% interest to strengthen liquidity during the quieter Christmas period while awaiting insurance claim outcomes related to a recent fraud event.

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.