Latest It Services News

PhosCo Ltd faces a new arbitration request from Tunisian Mining Services over joint venture disputes, while seeking to recover $7.2 million in unpaid damages dating back to 2017.

FinTech HQ Pty Ltd, the second largest shareholder in NSX Limited, has declared its intention to support the proposed acquisition by the Canadian Securities Exchange, pending no better offers emerge.

Vinyl Group Ltd has had its trading suspension lifted following a Federal Court decision related to its previous non-compliance with cleansing notice requirements.

Breakthrough Minerals has completed the acquisition of the Errolls Gold Project in Western Australia and raised $1.2 million to fund an upcoming drilling program targeting high-grade gold mineralisation.

FirstWave Cloud Technology has secured a strategic partnership with Amazon Web Services and Corent Technology to launch its IT compliance and network management software on the AWS Marketplace within weeks, aiming to expand its global reach and monetise its large user base.

Bowen Coking Coal is set to transition its Burton Mine Complex to an owner-operator model from July 1, 2025, aiming to increase production and reduce costs. This strategic shift marks a new chapter in Bowen’s operational control and growth ambitions.

Centrex Limited’s creditors are set to decide on a proposed restructuring plan by PRL Global Limited that could reshape the company’s future and creditor recoveries.

Theta Gold Mines has landed a US$35 million loan from South Africa’s Industrial Development Corporation, marking a key funding milestone for its TGME Underground Gold Mine Project.

Hutchison Telecommunications (Australia) Limited (HTAL) has recommended shareholders accept an off-market takeover bid by majority owner HTABV, offering a significant premium over recent trading prices. Independent experts affirm the offer as fair and reasonable, setting the stage for a potential full acquisition.

Vection Technologies has launched its Algho AI Sign Language solution on Amazon Web Services Marketplace, targeting enhanced accessibility across Europe. Early contracts signal strong market interest in AI-driven communication tools for the Deaf and hard-of-hearing community.

NH3 Clean Energy has signed a pivotal Joint Development Agreement with Pilbara Ports Authority and Oceania Marine Energy to establish low-emissions ammonia bunkering operations at Port Dampier by 2030, supporting maritime decarbonisation in line with new global shipping regulations.

Platinum Capital Limited has taken a significant step towards restructuring by lodging a draft scheme booklet to convert shareholder investments into an active ETF, aiming to resolve its persistent discount to net tangible assets.