Latest Market Impact News

Origin Energy backs a landmark US$1 billion equity raise for Kraken Technologies, valuing the company at US$8.65 billion and maintaining a significant stake as Kraken prepares to separate from Octopus Energy.

Truscott Mining Corporation has successfully raised $1.44 million through a placement, issuing 27 million new securities, and plans to kick off drilling activities early next year.

RocketBoots Limited has successfully raised A$7 million through a placement to accelerate its international expansion following a transformative global contract. The capital injection aims to scale its AI-driven loss-prevention platform and convert a robust enterprise pipeline.

Big River Industries has successfully completed a $10 million entitlement offer, oversubscribed by shareholders, to partly fund its acquisition of Johns Building Supplies in Western Australia.

Kinetiko Energy has secured approval to trade on the North American OTCQB Market, aiming to boost investor access and liquidity as it advances its South African gas projects.

Saluda Medical has received CE certification for its EVA™ Sensing Technology, enabling commercialisation in Europe and recognition in Australia following prior FDA approval. This milestone sets the stage for a broader rollout of its personalised spinal cord stimulation therapy in early 2026.

Seven West Media shareholders have overwhelmingly approved the proposed acquisition by Southern Cross Media Group, clearing a major hurdle ahead of final court approval.

Global Uranium and Enrichment Limited (GUE) has registered its scheme booklet with ASIC, detailing the proposed acquisition by Snow Lake Resources Ltd. The independent expert report supports the fairness and reasonableness of the deal, with GUE directors unanimously recommending shareholder approval.

Reece Limited has increased its on-market share buyback target by $50 million, raising the total to $85 million as part of its disciplined capital management strategy.

WRKR Limited has agreed to acquire PaidRight, a leading payroll compliance platform, in a strategic move to expand beyond superannuation compliance. The deal, valued at approximately A$11.4 million, aims to integrate advanced real-time payroll compliance technology into WRKR’s platform.

Embark Early Education Limited has launched an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice of scrip or cash consideration at a significant premium. The bid aims to consolidate Embark’s position in the early childhood education sector with a strategic acquisition.

Lithium Universe Limited has completed the second tranche of its share placement, raising $40,000 and securing shareholder approval for a significant options issuance tied to its growth strategy in lithium refining and solar panel recycling.