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3 Stocks that moved up on ASX – GEM, CYB, EVN
The ASX share market saw some surprise winners this week as it turned to a local haven because of the increased trade tensions. Few of the big names (like ANZ) made strong gains and are driving the Australian market into … Continue reading 3 Stocks that moved up on ASX – GEM, CYB, EVN
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ANZ Stock Price Surges with Additional Share Buy-back News
ANZ to expand share buy-back by $1.5 Bn to $3 Bn: Dodging the recent trend, Australia and New Zealand Banking Group Ltd (ASX: ANZ) witnessed a stock price surge on June 22, 2018 as it announced that it will increase … Continue reading ANZ Stock Price Surges with Additional Share Buy-back News
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Flinders Mines Provides Update on PIOP Maturation Programme and Retraction
As announced on 31 March 2017, a strategic review was undertaken by Flinders to identify the best path forward to unlock the value of the PIOP assets. At that time, the Company noted it was targeting an annual production rate … Continue reading Flinders Mines Provides Update on PIOP Maturation Programme and Retraction
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WorleyParsons Announces Regarding Neptune Energy Awards Offshore Tie-Back Contract
Rosenberg WorleyParsons has been awarded an offshore engineering, procurement, construction, installation and commissioning (EPCIC) contract by Neptune Energy. The 3 year EPCIC contract will service the Nova field tie-back to the Gjøa platform on the Norwegian continental shelf. The contract … Continue reading WorleyParsons Announces Regarding Neptune Energy Awards Offshore Tie-Back Contract
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Vocus Group Announces Regarding Appointment of Group MD, CEO and New Executive Director
Vocus Group Limited (ASX: VOC) announced the appointment of Kevin Russell as its Group Managing Director & CEO, with a commencement date of 28 May 2018. In addition to Mr. Russell joining the Vocus Board, Mark Callander, CEO of Vocus … Continue reading Vocus Group Announces Regarding Appointment of Group MD, CEO and New Executive Director
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AGL Energy Completes Assessment of Offer from Chow Tai Fook Enterprises and Alinta Energy
On 30 April 2018, AGL Energy Limited received an unsolicited, non-binding, highly conditional indicative offer from Chow Tai Fook Enterprises and Alinta Energy Pty Limited to acquire the Liddell Power Station, associated assets and the related site for a cash … Continue reading AGL Energy Completes Assessment of Offer from Chow Tai Fook Enterprises and Alinta Energy
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Wisetech Global Issues $100m in Shares to a Global Institutional Investor
WiseTech Global today announced the issue of ~$100m in shares to a single global institutional investor. Under the terms of the transaction agreement, 7,560,153 WTC ordinary shares (2.59% of current issued share capital) will be issued to Capital Group’s SmallCap … Continue reading Wisetech Global Issues $100m in Shares to a Global Institutional Investor
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REA Group Releases Q3 FY2018 Financial Information
REA Group Limited (ASX:REA) today announced its results for the year to date financial information reported by News Corp on 10 May 2018 (EDT). The News Corp report includes US GAAP financial information for REA Group and its subsidiaries for … Continue reading REA Group Releases Q3 FY2018 Financial Information
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Artemis Resources Signs Novo Share Sale Deal to Bank $20m
Artemis Resources Limited (ASX: ARV) advises that it has signed a Sale and Purchase Agreement (“SPA”) by which Artemis will sell its 4 million Novo Resources Corp. (“Novo”) shares to Canadian mining company, Kirkland Lake Gold Ltd (ASX:KLA, TSE:KL) (“Kirkland … Continue reading Artemis Resources Signs Novo Share Sale Deal to Bank $20m
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Caltex Australia Releases First Quarter 2018 Trading Update
Caltex Australia (ASX:CTX) today announces its unaudited 2018 first quarter profit after tax was $155 million on a replacement cost of sales operating profit or RCOP basis, in line with the prior corresponding period result of $154 million. Excluding unfavourable … Continue reading Caltex Australia Releases First Quarter 2018 Trading Update
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Immutep Announces Collaboration with MSD
Immutep Limited (ASX: IMM; NASDAQ: IMMP) has announced that it has entered into a clinical trial collaboration and supply agreement with Merck & Co., Inc., Kenilworth, NJ, USA (known as MSD outside the United States and Canada), through a subsidiary, … Continue reading Immutep Announces Collaboration with MSD
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Admedus Provides Update on TAVR Project
Admedus Limited (ASX:AHZ) today announced that its Transcatheter Aortic Valve Replacement (TAVR) device project passed a key developmental milestone by achieving the durability benchmark of 200 million cycle tests as required by the standard (ISO 5840-2:2015) for cardiovascular implants – … Continue reading Admedus Provides Update on TAVR Project
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Neometals Announces Key Acquisition Of Strategic Lithium Project
Neometals Ltd announced that it has executed binding agreements to acquire 100% of the lithium rights of the Mt Edwards Lithium Project, for cash consideration of $2.5M and additional contingent payments upon satisfaction of certain milestones and a royalty as described … Continue reading Neometals Announces Key Acquisition Of Strategic Lithium Project
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CIMIC’S Thiess Wins $190m Dawson South Extension
CIMIC Group’s global mining services provider, Thiess, has secured a A$190 million contract extension from Anglo American to continue to provide mining services at Dawson South in Queensland’s Bowen Basin, Australia. The 36-month extension will see Thiess continue delivering coal … Continue reading CIMIC’S Thiess Wins $190m Dawson South Extension
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Sundance Energy Australia Regarding Acquisition
Sundance Energy Australia Limited announces the acquisition of approximately 21,900 net acres in the Eagle Ford oil, volatile oil, and condensate windows in McMullen, Live Oak, Atascosa and La Salle Counties, Texas (Acquisition). The Acquisition is being undertaken via Sundance’s wholly-owned … Continue reading Sundance Energy Australia Regarding Acquisition
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Lithium Power International Provides Clarification to Chilean Media Release
Lithium Power International Limited provides clarification from the Maricunga JV Company, Minera Salar Blanco (MSB), on a recent press release featured this week in the Chilean media, along with statements made by the outgoing Chilean Mining Minister at the Prospectors … Continue reading Lithium Power International Provides Clarification to Chilean Media Release
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XTD Announces Acquisition of Smart Cities Company Contact Light
Transit technology company XTD Limited (ASX: XTD) announces the proposed share acquisition of the 63% interest that it currently does not own in technology company Contact Light Pty Ltd. Following completion of the Acquisition, Contact Light will become a wholly-owned … Continue reading XTD Announces Acquisition of Smart Cities Company Contact Light
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Universal Coal Acquires Interest in Third Operation-North Block Complex
Universal Coal Plc (ASX:UNV), announced that a subsidiary of the Company (North Block Complex Proprietary Limited), has entered into a sale and purchase agreement with Exxaro Coal Mpumalanga Proprietary Limited and Exxaro Coal Proprietary Limited (together “Exxaro”, being the vendors) … Continue reading Universal Coal Acquires Interest in Third Operation-North Block Complex
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Environmental Clean Technologies Provides Shareholder Update
Environmental Clean Technologies Limited (ASX: ESI) provides the following update on the progress of the external, independent financial review (the Review) of its proposed Coldry-Matmor project in India. Further to the Company’s previous update (17 January 2018), India-based external legal … Continue reading Environmental Clean Technologies Provides Shareholder Update
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Wangle Technologies Announces Capital Raising of $2.31m
Wangle Technologies Limited (Wangle or the Company) (ASX: WGL) is pleased to announce that firm commitments have been received for a Placement of 70,000,000 fully paid ordinary shares at an issue price of $0.008 per share (Shares) with a 1 … Continue reading Wangle Technologies Announces Capital Raising of $2.31m
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The Environmental Group Advises on Improved Banking Facilities
The Board of Environmental Group Limited (EGL) is pleased to advise that we have finalised considerably improved and competitive finance facilities with our long-standing bank the Commonwealth Bank of Australia (CBA). These improved facilities are in line with our strategic … Continue reading The Environmental Group Advises on Improved Banking Facilities
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Mobilicom Announces New Mobile MESH Network Solution for Underground Operations
Mobilicom Limited, developer of 4G Mobile MESH private network technology, has introduced its new Mobile MESH Network Solution for all Mobilicom Communications Units. The new solution uses an innovative algorithm that turns the network into a fully synchronised system and … Continue reading Mobilicom Announces New Mobile MESH Network Solution for Underground Operations
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Altura Mining Provides an Update on Recent Exploration Program
Altura Mining Limited (ASX: AJM) is pleased to provide an update on recent exploration taking place on the Southern Ridge area, part of the flagship Altura Lithium Project. The Southern Ridge had been earmarked for infill drilling due to its … Continue reading Altura Mining Provides an Update on Recent Exploration Program
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Propel Funeral Partners Provides Update Regarding Norwood Park
Propel Funeral Partners Limited (ASX: PFP) (Propel) announces that one of its subsidiaries, FV (ACT) Pty Ltd (Bidder), is now the registered holder of 96.8% of the shares in Norwood Park Limited (Norwood Park). The Bidder has commenced the process … Continue reading Propel Funeral Partners Provides Update Regarding Norwood Park
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Cooper Energy Announces Ocean Monarch Preparing for Workover
Cooper Energy (ASX: COE) announces that the Diamond Offshore Ocean Monarch drill rig completed mobilisation from offshore Fremantle to the Casino Henry gas project, Otway Basin, offshore Victoria on 10 March and is preparing to commence the workover of the … Continue reading Cooper Energy Announces Ocean Monarch Preparing for Workover
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QBE Insurance Group Announces Tender Offer for US$300m Senior Notes
QBE announced that it has launched an invitation to holders of the Notes to offer to tender their Notes for acquisition by QBE for cash. The Tender Offer is subject to the Offer and Distribution Restrictions described in the tender … Continue reading QBE Insurance Group Announces Tender Offer for US$300m Senior Notes
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HT&E Announces Adshel Extends Sydney Trains Contract
HT&E Limited (ASX: HT1) announced that Adshel has extended all precincts under the Sydney Trains contract, which was due to expire at the end of 2018, for multiple years. Adshel’s contract covers premium and metropolitan concourse and platform assets across … Continue reading HT&E Announces Adshel Extends Sydney Trains Contract
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Newcrest Mining Announces Breakthrough of Tailings Material Identified at the Cadia Northern Tailings Dam Embankment
In the late afternoon of Friday 9 March 2018, a limited breakthrough of tailings material was identified at the Cadia northern tailings dam embankment. This breakthrough has been contained within the southern tailings dam. Newcrest is monitoring the impact carefully … Continue reading Newcrest Mining Announces Breakthrough of Tailings Material Identified at the Cadia Northern Tailings Dam Embankment
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Cann Group Announces Receipt of Import Permits for Genetics and Cannabis Oil
Cann Group Limited (ASX: CAN) has been granted import permits by the drug control section of the Therapeutic Goods Administration (TGA) that enables the company to commence the import of genetics and cannabis oils from its Canadian partners. The receipt … Continue reading Cann Group Announces Receipt of Import Permits for Genetics and Cannabis Oil
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Mustang Resources Implements New Ruby Sales Marketing Strategy
Mustang Resources (ASX: MUS) announced that following a recently completed review of its sales and marketing strategy, the Company has decided to implement a series of measures which better reflect the current exploration and development status of its Montepuez Ruby … Continue reading Mustang Resources Implements New Ruby Sales Marketing Strategy
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Blue Sky Alternative Investments Offers Shareholders the Opportunity to Participate in a Share Purchase Plan
As announced on Monday, 5 March 2018 Blue Sky Alternative Investments Limited (ASX: BLA) is offering shareholders the opportunity to participate in a share purchase plan (SPP) following the successful completion of a share placement raising approximately $100 million (Placement). … Continue reading Blue Sky Alternative Investments Offers Shareholders the Opportunity to Participate in a Share Purchase Plan
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Magnis Resources Advises on Agreement Reached with Tanzanian Government to Progress Nachu Development
Magnis Resources Limited (ASX: MNS) is pleased to advise that agreement has been reached with the Government of Tanzania (GOT) on amendments to the Special Economic Zone (SEZ) licence, granted to Magnis Technologies Tanzania Ltd (MTT), a 100% owned subsidiary … Continue reading Magnis Resources Advises on Agreement Reached with Tanzanian Government to Progress Nachu Development
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Clean TeQ Holdings Announces Successful Completion of $150m Underwritten Placement
Mr Robert Friedland and Mr Jiang Zhaobai, Co-Chairmen of Clean TeQ Holdings (CLQ:ASX; CLQ;TSX; CTEQF:OTCQX), and Mr Sam Riggall, Chief Executive Officer, announced that the Company has completed the underwritten institutional placement (Placement) announced on 8 March 2018, following strong … Continue reading Clean TeQ Holdings Announces Successful Completion of $150m Underwritten Placement
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MGC Pharmaceuticals Provides Operational and Strategy Update
MGC Pharmaceuticals Ltd (ASX: MXC) is provides the following operational update as it continues to make strong progress across its MGC Pharma, MGC Botanic and MGC Derma divisions. The Company’s core strategic focus remains to build the MGC Pharma business … Continue reading MGC Pharmaceuticals Provides Operational and Strategy Update
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Regis Healthcare Provides Federal Court Judgement Update
Regis Healthcare Limited (Regis) advised on 2 March 2018 that the Federal Court of Australia (the Court) delivered its judgement in respect of Regis’ application for a declaration to obtain clarity in relation to whether Regis’ Asset Replacement Charge (the … Continue reading Regis Healthcare Provides Federal Court Judgement Update
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Inca Minerals Enters into Binding Arrangements to Raise $160,000 via the Placement
Inca Minerals Limited has entered into binding arrangements to raise $160,000 via the placement of 26,666,667 fully paid ordinary shares, at an issue price of 0.6 cents per share (before raising costs). The Placement is to be made to Acuity … Continue reading Inca Minerals Enters into Binding Arrangements to Raise $160,000 via the Placement
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Mantra Group Announces ACCC Will Not Oppose Accor’s Acquisition
The ACCC has today announced that it will not oppose the proposed acquisition of Mantra Group Limited (ASX: MTR) (Mantra) by AAPC Limited (Accor). Accor’s business is mainly focused on hotel-style accommodation and its brands include Sofitel, Novotel, Mercure and … Continue reading Mantra Group Announces ACCC Will Not Oppose Accor’s Acquisition
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Nufarm Announces Acquisition of Century Portfolio
Nufarm Limited announces that the European Commission has approved, under the EU Merger Regulation, Nufarm’s acquisition of the Century portfolio from Adama Agricultural Solutions Ltd of Israel and Syngenta AG of Switzerland. This is a significant component of the EC … Continue reading Nufarm Announces Acquisition of Century Portfolio
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Westgold Resources Announces Sale of South Kalgoorlie Operations
In a strategy to focus its efforts on its larger long-life Murchison gold assets, the Board of Westgold Resources Limited (ASX:WGX) (Westgold) advises it has agreed to sell its South Kalgoorlie Operations (SKO) to Northern Star Resources Limited (Northern Star). … Continue reading Westgold Resources Announces Sale of South Kalgoorlie Operations
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Mesoblast Enters into $75m Non-Dilutive Credit Facility
Mesoblast Limited (ASX: MSB; Nasdaq: MESO) today announced that it has entered into a US$75 million non-dilutive, four-year credit facility with Hercules Capital, Inc. (NYSE:HGTC), a leading specialty finance company. Proceeds will be primarily used towards funding the commercialization of … Continue reading Mesoblast Enters into $75m Non-Dilutive Credit Facility
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AWE Acknowledges Mitsui’s Intentions
AWE Limited (ASX: AWE) acknowledges today’s announcement by Mitsui & Co., Ltd. (Mitsui) that it intends to declare its off-market takeover bid to acquire AWE for $0.95 per share (the Mitsui Offer) unconditional and accelerate payment terms if its interest1 … Continue reading AWE Acknowledges Mitsui’s Intentions
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Blue Sky Alternative Investments Announces Successful Completion of Placement
Blue Sky Alternative Investments Limited (Company) is pleased to announce the successful completion of the underwritten placement announced on 5 March 2018 (Placement) of 8,695,652 fully paid ordinary shares in the Company (Placement Shares) to institutional, sophisticated and professional investors … Continue reading Blue Sky Alternative Investments Announces Successful Completion of Placement
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Lithium Australia Secures Net $18m Funding Package from Arena
Lithium Australia NL (ASX: LIT) has secured a A$18.27M convertible note facility (under the terms of a Convertible Note Deed) with a leading US institutional investor, Arena Investors LP. New York based Jett Capital Advisors LLC acted as advisor to … Continue reading Lithium Australia Secures Net $18m Funding Package from Arena
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The Hydroponics Company Receives Grant for Endoca Import Permits and Clinical Trial Support
The Hydroponics Company Limited (ASX:THC) advises the Drug Control Section of the Department of Health has given approval to import the following medicinal cannabis products from its European partner, Endoca: 15% RAW CBD oil, 10ml 15% Heated/decarb CBD oil, 10 … Continue reading The Hydroponics Company Receives Grant for Endoca Import Permits and Clinical Trial Support
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Woodside Petroleum Provides Offshore Gabon Update
Woodside notes Petronas’ media release dated 5 March 2018 titled ‘Petronas announces deep water oil and gas discovery offshore Gabon’. In November 2017, Woodside acquired a 30% non-operated participating interest in the Likuale (F14) Block from the operator, Petronas. Completion … Continue reading Woodside Petroleum Provides Offshore Gabon Update
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SmartTrans Holdings Announces Successful A$4M Placement
SmartTrans Holdings Limited today announces it has secured A$4 million by way of a placement at A$0.004 per share before fees. The Placement was supported by lead manager Bell Potter Securities Limited and has been subscribed to by institutional and … Continue reading SmartTrans Holdings Announces Successful A$4M Placement
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News Corporation Signs Definitive Agreements to Combine Foxtel and FOX SPORTS Australia
News Corp and Telstra today announced they have signed definitive agreements to combine Foxtel and FOX SPORTS Australia, which will deliver premium and innovative content to Australians with ever greater quality, variety and efficiency. Disclaimer The advice given by Kalkine … Continue reading News Corporation Signs Definitive Agreements to Combine Foxtel and FOX SPORTS Australia
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Syrah Resources Provides Mining Agreement Update
Syrah Resources Limited (ASX: SYR) announced that the Mining Agreement has been signed by His Excellency Ernesto Max Elias Tonela, the Minister of Mineral Resources and Energy, on behalf of Government of the Republic of Mozambique, and Syrah’s wholly owned … Continue reading Syrah Resources Provides Mining Agreement Update
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Argosy Minerals Announces Increase in Rincon JV Ownership to 77.5%
Argosy Minerals Limited (ASX: AGY) advised that it has executed a binding Second Earn-In Joint Venture Agreement with Mr Pablo Alurralde and Mr Francisco Menendez, confirming that Argosy now has a 77.5% interest in Puna Mining S.A.– the entity that … Continue reading Argosy Minerals Announces Increase in Rincon JV Ownership to 77.5%
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Austal Announces Being Awarded $68m Trimaran Contract for JR Kyushu-Beetle
Following the Memorandum of Understanding (MOU) announced 8 December 2017, Austal (ASX:ASB) is pleased to announce the award of a A$68 million contract to design and build an 83 metre trimaran ferry for JR Kyushu Jet Ferry of Japan. Australia’s … Continue reading Austal Announces Being Awarded $68m Trimaran Contract for JR Kyushu-Beetle
Mustang Resources Limited traded flat despite upgraded Graphite Mineral Resource at Caula
Mustang Resources Limited (ASX: MUS) has announced that its Caula Vanadium-Graphite project in Mozambique has moved up on its development milestones with the completion of an upgraded JORC-compliant Graphite Mineral Resource estimate. As per the recent update, the total Updated … Continue reading Mustang Resources Limited traded flat despite upgraded Graphite Mineral Resource at Caula
Nufarm Limited stock under pressure on earnings downgrade
Earnings downgrade: Nufarm Limited’s (ASX: NUF) stock plunged 11.058% on July 23, 2018 after the company downgraded its full year guidance and now expects the FY18 EBIT contribution from the ANZ business to be in the range of $5 million-$10 … Continue reading Nufarm Limited stock under pressure on earnings downgrade
West African Resources Ltd – Sanbrado Gold Project
Updated mining permit awarded for Sanbrado Gold Project: West African Resources Ltd.’s (ASX: WAF) stock fell 1.43% on July 23, 2018 despite the fact that the Council of Ministers of the Government of Burkina Faso approved changes to the original … Continue reading West African Resources Ltd – Sanbrado Gold Project
Estia Health Ltd. stock under pressure due to key personnel changes
Key Personnel Changes: Estia Health Ltd.’s (ASX: EHE) stock fell 1.88% on July 23, 2018 after the company announced CEO & COO changes. The company has replaced its chief executive Norah Barlow with chief operating officer and deputy chief executive … Continue reading Estia Health Ltd. stock under pressure due to key personnel changes
Mayne Pharma Group Limited (ASX: MYX) – New acquisition and agreement
The generic Efudex’ (fluorouracil cream 5%) acquisition from Spear Pharmaceuticals, Inc., comprising of US$16.0 million in cash and US$4.0 million in Mayne Pharma equity for the total of US$20.0 million, plus contingent payments of up to US$10.0 million, has been … Continue reading Mayne Pharma Group Limited (ASX: MYX) – New acquisition and agreement
Is Finbar Group Limited (ASX: FRI) about to touch $1 with revised profit guidance?
The company is Western Australia’s leading apartment developer which has revised its profit guidance for the financial year ended June 30, 2018 and expects to be reporting a net profit after tax of approximately $14 million. Net profit after tax … Continue reading Is Finbar Group Limited (ASX: FRI) about to touch $1 with revised profit guidance?
Western Areas Limited (ASX: WSA) – Mine production at its peak!
Western Areas Limited (ASX: WSA) has recently reported a stronger June quarter of cashflow generation for the year with cash at bank increasing by A$15.9m to A$151.6m, after capital expenditure, feasibility study and exploration costs of A$12.5m. The Company’s balance sheet … Continue reading Western Areas Limited (ASX: WSA) – Mine production at its peak!
Wesfarmers Limited Edging Low on Coles Demerger Update
Wesfarmers Limited’s (ASX: WES) stock tumbled by 1 per cent on July 23, 2018 after the announcement of Coles demerger update in which Wesfarmers’ shareholders will receive 1 Coles share for every Wesfarmers share held. The deal is expected to … Continue reading Wesfarmers Limited Edging Low on Coles Demerger Update
Navitas Limited – Footprint Expansion into Netherlands via Partnership with University of Twente
Navitas Limited (ASX: NVT) inked an agreement with University of Twente to take over its pathway program for international students. The agreement takes after NVT effectively competing in the university’s selection procedure for the provision of these services. As per … Continue reading Navitas Limited – Footprint Expansion into Netherlands via Partnership with University of Twente
Sydney Airport (ASX: SYD) – Traffic growth on the international front
Sydney Airport (ASX: SYD), an industrial sector stock updated the market on traffic performance. In terms of number of persons, monthly performance number remained same from June 2017 to June 2018 at 2,130 for the domestic market. While there was … Continue reading Sydney Airport (ASX: SYD) – Traffic growth on the international front
