Latest Asx Suspension News

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Audio Pixels Holdings Limited reports significant progress in its MEMS fabrication and ASIC development, targeting wafer completion by Q2 2025 while managing funding and ASX suspension challenges.

DMC Mining progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, despite ongoing delays in exploration licence grants. The company extends its capital raising timetable while navigating ASX suspension and financial constraints.

Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.

Lakes Blue Energy is progressing regulatory approvals and has locked in a drilling rig for its Wombat-5 gas well, while reporting a $1.48 million operating cash outflow and maintaining $3.55 million in cash at quarter-end.

KNeoMedia advances toward ASX reinstatement after raising nearly $2.9 million and expanding its KneoScience platform across New York City schools, including a significant new high school content rollout.

Gas2Grid Limited moves closer to securing a new service contract in the Philippines while appealing a significant legal claim in France, all under the pressure of an impending ASX suspension deadline.

Icon Energy Limited has received a Notice of Proposed Grant for Petroleum Lease PL-1144 in the Cooper Basin, marking a significant step toward resource development. Meanwhile, the company secured a $300,000 unsecured loan under revised terms, though its shares remain suspended pending native title negotiations and ASX approval.

Strike Resources has made significant strides in advancing its Apurimac Iron Ore Project in Peru, engaging closely with government officials and infrastructure partners to secure critical logistics and permitting milestones. Meanwhile, its stake in Lithium Energy Limited sees progress amid asset sales and spin-out plans.

My Rewards International has completed its acquisition of Fly Wallet and strengthened its financial position with a $15 million put option facility, while working to lift its ASX trading suspension.

Austral Resources Australia Ltd reports key operational milestones including completion of Anthill West Pit mining and a strategic MOU with New Frontier Minerals, while progressing its recapitalisation and equity raise plans.

Tigers Realm Coal’s planned divestment of its Russian subsidiaries has hit significant regulatory roadblocks, resulting in a reduced sale price, increased exit tax, and suspension from ASX trading.