Latest Asx News

Magnum Mining and Exploration Limited has extended the closing date of its non-renounceable entitlement offer by two weeks, giving shareholders more time to consider the capital raising opportunity.

Nine Entertainment reports solid Q3 advertising revenue growth and cost efficiencies while advancing a major stake sale in Domain, positioning the media giant for strategic expansion.

Corella Resources has completed a placement of over 68 million new shares and options, raising an additional $136,876 and pushing total funds raised beyond $1 million. The company has complied with regulatory requirements, signaling a strategic capital boost.

Pier 12 Capital Limited has requested suspension of its securities from the ASX, signaling an imminent delisting from the exchange. This move marks a significant shift for investors and the company’s future trading status.

Peako Limited has announced the resignation of CEO Ryan Skeen, who is leaving to pursue other opportunities. The board expressed gratitude and now faces the task of appointing new leadership.

AUB Group Limited has upgraded its FY25 underlying net profit guidance to the upper end of its previously announced range, buoyed by favourable trading conditions and strategic FX hedging.

Nuix Limited has withdrawn its FY25 growth targets due to unpredictable timing in closing large deals, despite maintaining a strong pipeline and confidence in its strategic direction.

Canyon Resources has clarified that its recent share price jump stems from a prior port access approval announcement for its Minim Martap Bauxite Project, confirming full ASX compliance.

Bega Group is consolidating its Strathmerton cheese operations into its Ridge Street site by mid-2026, targeting significant cost savings and operational efficiencies.

88 Energy Limited has secured shareholder approval for a significant capital consolidation, reducing its share count by a factor of 25 effective May 9, 2025. The company has outlined a detailed timetable to guide investors through the transition.

MyEco Group has secured $1.6 million through unsecured convertible notes to support a strategic operational restructure aimed at reducing costs and scaling production. This capital raise complements existing cash reserves and aims to improve margins while minimising shareholder dilution.

Eden Innovations’ US subsidiary has secured its first EdenCrete®Pz7 order from Holcim Mexico, marking the product’s expansion to three countries within the Holcim Group’s concrete operations.