Central Petroleum has agreed to sell its Northern Territory sub-salt exploration permits to Georgina Energy, gaining a 25% equity stake in the helium-focused explorer. The deal refocuses Central on conventional oil and gas while offering shareholders exposure to emerging helium and hydrogen prospects.
The ASX has granted key waivers allowing Southern Cross Media to proceed with its acquisition of Seven West Media without shareholder approval, smoothing the way for a major media consolidation.
MetalsTech Limited has completed a significant off-market block trade involving 4 million shares worth nearly $2 million, signaling notable shifts among its substantial shareholders.
Next Science Limited has agreed to sell most of its assets to Demetra Holdings for US$50 million, with plans to return an estimated US$30 million net proceeds to shareholders pending approval.
Torque Metals and Aston Minerals have agreed to merge, combining 1.75 million ounces of gold resources across premier projects in Western Australia and Ontario, Canada, creating a well-funded exploration powerhouse.