Latest Competition News

Invert Graphite has lodged a prospectus to raise up to A$3.5 million through a share offer priced at A$0.03 each, while advancing its acquisition of a Tanzanian critical minerals project. The company reported no exploration activity this quarter and incurred operating losses, reflecting a transitional phase ahead of relisting.

Intelligent Monitoring Group Limited (IMG) has reaffirmed its FY25 EBITDA guidance above $38 million, completed the strategic Kobe acquisition, and reported a solid operating cash flow of $6.7 million pre-non-recurring items in Q3 FY25.

Desane Group Holdings reports a $6.6 million uplift in its property portfolio valuation, driven by strong leasing activity and market demand, enhancing shareholder value with a 9-cent increase in net tangible assets per share.

Desane Group Holdings has secured a seven-year lease extension with Signature Orthopaedics at its Lane Cove property, guaranteeing $5 million in rental income through 2032. This deal reinforces Desane’s strategy to maintain stable medium-term cash flows.

Pantera Lithium has identified six high-priority drilling locations for its Smackover Lithium Brine Project, supported by promising Arkansas legislation offering fiscal and regulatory incentives that could reshape the project's economics.

Hudson Investment Group is actively exploring sale and joint venture opportunities for key properties while managing a negative cash flow quarter, signaling strategic shifts ahead.

Betr Entertainment Limited reported robust Q3 FY25 results, showcasing strong quarter-on-quarter growth and strategic investments including a $15 million equity raise for the TopSport acquisition and a significant stake in PointsBet Holdings.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

Lightning Minerals has commenced a significant drilling campaign at its Esperança lithium project in Brazil, alongside promising soil sampling results at its Caraíbas and Canabrava projects, underscoring the company’s growing footprint in the Lithium Valley region.

SelfWealth Ltd has secured Federal Court approval for its acquisition by Syfe’s holding company, Svava Pte Ltd, marking a pivotal moment as its shares are suspended from trading on the ASX.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.