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Jindalee Lithium to Raise AU$8.4 Million via Share Placement

Jindalee Lithium (ASX:JLL) received firm commitments to raise around AU$8.4 million through the issue of roughly 18.3 million new shares at AU$0.46 apiece, according to a Friday filing with the Australian bourse.The company also intends to seek shareholder approval to issue 130,437 shares to its directors, bringing the total placement proceeds to AU$8.5 million through the issue of 18.5 million shares, the filing said.Participants will receive an option to acquire one share for every one share issued under the placement, with an exercise price of AU$0.60 and an expiry date of June 30, 2029.Additionally, the company will undertake a non-renounceable entitlement offer to raise up to a further AU$2.5 million at the same terms as the placement.Proceeds will be used to advance the McDermitt project in Oregon and support completion of the proposed Nasdaq listing of US Elemental, per the filing.

$ASX:JLL

Asia1d ago

Amplia Therapeutics Enters Agreement to Evaluate Lead Drug Candidate in Ovarian Cancer

Amplia Therapeutics (ASX:ATX) reached an agreement with the Australia New Zealand Gynaecological Oncology Group, or ANZGOG, to perform a clinical study evaluating Amplia's narmafotinib lead drug candidate in ovarian cancer, according to a Friday filing with the Australian bourse.Narmafotinib is in development for pancreatic cancer, where it has demonstrated "promising efficacy combined with good tolerability," the company said.The new study is expected to enroll about 15 to 20 patients with high-grade serous ovarian cancer to investigate narmafotinib's safety in combination with standard-of-care chemotherapy.

$ASX:ATX

Asia1d ago

Conrad Asia Energy Unit Enters Contract to Support Development of Gas Field in Offshore Indonesia

Conrad Asia Energy's (ASX:CRD) West Natuna Exploration unit entered a binding contract with PT. Timas Suplindo for the provision of subsea umbilicals, risers, and flowlines to develop the Mako gas field in offshore Indonesia, according to a Friday filing with the Australian bourse.The scope of the contract includes engineering, procurement, construction, installation, and commissioning-related support.The project's total capital expenditure to first gas is an estimated $320 million, the company said.

$ASX:CRD

Asia1d ago

FleetPartners Group Reaches In-Principle Agreement to Settle Shareholder Class Action Proceedings

FleetPartners Group (ASX:FPR) reached an in-principle agreement to settle shareholder class action proceedings in the Victorian Supreme Court for AU$27 million, according to a Friday filing with the Australian bourse.The proceedings were initiated on behalf of shareholders who acquired an interest in shares in the company, then known as Eclipx Group, between Nov. 8, 2017, and March 20, 2019, and relate to the company's disclosures and guidance provided between fiscal 2017 and 2019, the filing said.

$ASX:FPR

Asia1d ago

CZR Resources Appoints Acting CEO

CZR Resources (ASX:CZR) appointed Milan Jerkovic as acting chief executive, effective Thursday, May 7, according to a Friday Australian bourse filing.

$ASX:CZR

Asia1d ago

Asara Resources to Raise AU$60 Million in Institutional Placement

Asara Resources (ASX:AS1) has obtained firm commitments for a dual-tranche institutional placement of about 480 million shares at a price of AU$0.125 each for gross proceeds of AU$60 million, according to a Friday filing with the Australian bourse.The first roughly AU$50 million tranche of 400 million shares will be completed using the company's existing placement capacity and is expected to settle on May 14, while the second AU$10 million tranche will be subject to shareholder approval.Asara Resources plans to use the proceeds to accelerate exploration activities at its flagship Kada gold project in Guinea.

$ASX:AS1

Asia1d ago

ASX Preview: Australian Shares Set to Fall on Ceasefire Uncertainty; Macquarie Group Posts Higher Fiscal 2026 Earnings, Revenue

Australian shares are poised to fall on Friday as renewed uncertainty over a fragile Gulf ceasefire and sharp swings in oil prices tied to US-Iran negotiations weigh on global market sentiment and energy-related risk appetite.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.4%, 0.1%, and 0.6%, respectively.In the macroeconomy, investors are eyeing the Westpac consumer confidence and NAB business confidence reports next week.In corporate news, Macquarie Group (ASX:MQG) reported Friday fiscal 2026 earnings of AU$12.669 per share on revenue of AU$19.48 billion, compared with earnings of AU$9.755 on revenue of AU$17.21 billion a year earlier.Block (ASX:XYZ) reported Friday first quarter adjusted earnings of $0.85 per share on revenue of $6.06 billion, compared with adjusted earnings of $0.56 on revenue of $5.77 billion a year earlier.Australia's benchmark index rose around 1% or 84.5 points to close at 8,878.10 on Thursday.

$^AXJO$ASX:MQG$ASX:XYZ

Asia1d ago

Peter Warren Automotive Non-Executive Chair Retires

Peter Warren Automotive Holdings' (ASX:PWR) non-executive chair and director, John Ingram, is set to retire effective June 30, according to a Friday filing with the Australian bourse.Executive Director Paul Warren will move to the executive chair position on July 1, per the filing.

$ASX:PWR

Asia1d ago

Finder Energy Raises AU$21 Million Under Share Placement

Finder Energy (ASX:FDR) raised AU$21 million through the issue of 42 million shares at AU$0.50 apiece under tranche one of the placement disclosed on April 30, according to a Friday filing with the Australian bourse.A total of 12 million shares will be issued under tranche two, subject to shareholder approval, the filing said.Proceeds will be used to accelerate the KTJ project in offshore Timor-Leste toward first oil production, an earlier filing showed.

$ASX:FDR

Asia1d ago

QBE Insurance Group Reports Higher Q1 Gross Written Premiums; Affirms Guidance

QBE Insurance Group (ASX:QBE) reported first-quarter gross written premiums of $9.2 billion, up 11% from $8.3 billion a year earlier, according to a Friday filing with the Australian bourse.The company maintained its full-year 2026 guidance for gross written premium growth in the mid-single digits and a combined operating ratio of nearly 93%.Market conditions remain broadly supportive with favorable rate adequacy, the company said, adding that competitive pressures are most visible within the commercial property and Lloyd's segments.

$ASX:QBE

Asia1d ago

AMA Group Proposes to Buy Back Nearly 48 Million Shares

AMA Group (ASX:AMA) is set to buy back a maximum of 47.8 million of its ordinary, fully-paid shares in an on-market repurchase program, according to a Friday Australian bourse filing.The proposed program will start on May 25 and run until May 24, 2027, the filing said.

$ASX:AMA

Asia1d ago

Ramsay Health Care Unit Posts Narrower Nine-Month Loss, Higher Revenue

Ramsay Health Care (ASX:RHC) reported on Friday that its 52.79%-owned unit Ramsay Sante posted a loss of 0.25 euros per share for the nine months ended March 31, compared with a loss of 0.49 euros a year earlier.Revenue for the nine months ended March 31 was 3.98 billion euros, compared with 3.86 billion euros a year earlier.

$ASX:RHC

Asia1d ago

Market Chatter: Japan Buybacks Hit Record 22.32 Trillion Yen in Fiscal 2025

Japan-listed companies' share buybacks reached a record 22.32 trillion yen in fiscal 2025, extending gains for a fifth straight year as companies face growing pressure to improve capital efficiency, Nikkei reported Friday.The total value of announced repurchase programs rose 18% from a year earlier, following an 85% jump in fiscal 2024, according to the report.Recruit Holdings (TYO:6098) launched a buyback of as much as 350 billion yen in March, while Toyota Motor (TYO:7203) repurchased shares tied to the planned privatization of Toyota Industries (TYO:6201), the report said.The buyback surge follows a 2023 push by the Tokyo Stock Exchange for listed companies to improve shareholder returns and capital efficiency, according to the report.The number of companies launching buybacks, however, fell 5% to 1,099 in fiscal 2025, amid concerns over higher repurchase costs and uncertainty tied to U.S. tariffs, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$^N225$TYO:6098$TYO:6201$TYO:7203

Asia1d ago

Catalyst Metals Confirms Potential for Growth at Western Australia Deposit

Catalyst Metals (ASX:CYL) confirmed the potential for growth at the Trident deposit in Western Australia following the release of results from recent drilling, according to a Friday filing with the Australian bourse.Results include seven meters at nearly 41 grams per tonne grade of gold, 17 meters at 15 g/t grade of gold, eight meters at 12 g/t grade of gold, and six meters at 12 g/t grade of gold, the filing said.Results have been focused on resource infill and extension drilling at the edges of the current resource, with many intercepts occurring outside the resource envelope, per the filing.

$ASX:CYL

Asia1d ago

Block Shareholder Proposes Creation of Dedicated Board-Level Technology Committee

Block (ASX:XYZ) shareholder the New York State Common Retirement Fund has filed a proposal to establish a dedicated board-level technology committee, arguing that the company's current technology oversight is "woefully inadequate," according to a Friday filing with the Australian bourse.The retirement fund said a specialized technology committee would help relieve an overwhelmed three-member audit and risk committee that, among other duties, is tasked with direct oversight of the audit and risk functions of Square Financial Services, an industrial bank owned by Block.This "creates a substantial, recurring compliance burden entirely separate from the committee's oversight of the parent company's technology risk and enterprise cybersecurity," the shareholder said.Block's lack of a dedicated technology committee has exposed shareholders "to recurring compliance and cybersecurity risks," the retirement fund said, adding that the board has existing capacity, as four directors currently don't serve on any committees.The proposal will be put to a vote at an annual meeting scheduled for June 16.Block did not immediately respond to a request for comment from.

$ASX:XYZ

Asia2d ago

SKS Technologies Group Wins AU$22 Million Contract With Construction Firm

SKS Technologies Group (ASX:SKS) secured a AU$22 million contract with Buildcorp Group to supply and install a complete electrical ecosystem for a retailing group for its headquarters in the Docklands precinct in Melbourne, according to a Friday filing with the Australian bourse.The project is expected to be completed in the first quarter of 2028, the filing said.

$ASX:SKS

Asia2d ago

European Lithium Agrees to Extend Exclusivity Period to Finalize Scheme Implementation Deed

European Lithium (ASX:EUR) agreed with Nasdaq-listed Critical Metals to extend the exclusivity period to finalize a binding scheme implementation deed for the acquisition of all of the issued share capital and listed options in the company through a scheme of arrangement, according to a Friday filing with the Australian bourse.Shareholders would receive 0.035 new Critical Metals shares for each company share held under the proposed share scheme, the filing said.Meanwhile, company listed option holders would receive new Critical Metals shares reflecting the in-the-money value of their options on a cashless exercise basis under the proposed option scheme, per the filing.

$ASX:EUR

Asia2d ago

Orica Well Positioned for Strong Macro Demand and Supply Conditions, Says Jefferies

Orica (ASX:ORI) is poised for favorable macro demand and supply conditions over the medium-term, Jefferies said Thursday in a note, after the company reported its half-yearly underlying earnings 3% to 5% ahead of estimates.The investment firm raised its fiscal year 2027 and fiscal year 2028 EPS forecasts by 2% and 1%, respectively, even after factoring in a AU$20 million earnings impact from turnaround plans at its KI and Yarwun plants, offset by the non-recurrence of the Carseland plant turnaround and contributions from the Nelson Bros acquisition.Jefferies said Orica's specialty chemicals and digital businesses are performing strongly and expects the segments to grow about 10% annually through fiscal year 2027 to fiscal year 2028. Non-blasting businesses are seen to improve returns and reach about a 12% return on investment capital by the end of fiscal year 2028.The firm maintained a buy rating on Orica, citing that the stock remains one of its top picks, and raised the price target to AU$25.21 from AU$24.04.

$ASX:ORI

Asia2d ago

Alcoa Declares Quarterly Dividend

Alcoa (ASX:AAI) declared a dividend of $0.10 per share for the quarter ended March 31, according to a Friday filing with the Australian bourse.The dividend will be paid on June 5 to shareholders on record as of May 19, the filing said.The company paid the same dividend for the prior corresponding period, an earlier filing showed.

$ASX:AAI

Asia2d ago

Cleanaway Waste Management Chair to Retire

Cleanaway Waste Management (ASX:CWY) said Chair Philippe Etienne will retire at or around the company's annual general meeting on Oct. 22, according to a Friday Australian bourse filing.Independent Non-Executive Director Samantha Hogg has been appointed chair-elect and will assume the role of chair following Etienne's retirement, the filing added.

$ASX:CWY

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