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Elixir Energy Completes Fracture Stimulation at Queensland Appraisal Well; Shares Gain 9%

Elixir Energy (ASX:EXR) said it completed a 12-stage fracture stimulation program at its Lorelle-3H appraisal well in Queensland, according to a Friday filing with the Australian bourse.The company said all of the sand pumped was placed within the target formation to achieve "a permeability pathway into the reservoir."Lorelle-3H will be in partial flow back while stage-plugs installed during the fracture stimulation are milled, after which Elixir will rig down the coiled tubing unit and start the staged flowback of the well. The company will then perform gas-condensate production testing over a 30-day period.Shares of Elixir Energy advanced 9% in recent Friday trade.

ASX:EXR

Asia38d ago

Keytop Parking Nets HK$340 Million in Hong Kong IPO

Keytop Parking (HKG:2272) raised HK$340 million in net proceeds from its initial public offering in Hong Kong, according to a Thursday after-market filing with the Hong Kong Exchange.The smart parking space operator priced its IPO at HK$39.55 per share, issuing 10.1 million shares.The Hong Kong public offering portion of the deal was 2,115.21 times subscribed, resulting in a final allocation of 1.01 million shares.The international offering was 5.56 times subscribed, with 9.1 million shares allocated.Keytop Parking is set to debut on the Hong Kong bourse today, June 26.

HKG:2272

Asia38d ago

Regis Resources Declares Initial Mineral Resource Estimate at Western Australia Gold Prospect; Shares Gain 3%

Regis Resources (ASX:RRL) declared an initial open-pit mineral resource estimate of 7 million tonnes at 1.1 grams per tonne grade of gold for 270,000 gold ounces for the Beamish South prospect at its Duketon gold project in Western Australia, according to a Friday filing with the Australian bourse.The company said drilling at Duketon's Garden Well mine confirmed "strong mineralization" both within and up to 500 meters down plunge from the existing resource.Drilling at the company's McPhillamys gold project in New South Wales confirmed gold mineralization extending to a minimum depth of 180 meters from the surface, while Tropicana project drilling in Western Australia also returned "highly encouraging results," per the filing."We see meaningful potential to grow our resource base and continue to extend mine life across the business," Regis CEO Jim Beyer said in the company's mid-year exploration update.Share of Regis Resources gained 3% in recent Friday trade.

ASX:RRL

Asia38d ago

Genesis Minerals Finds Multiple High-Grade Intersections at Western Australia Operations; Shares Up 4%

Genesis Minerals (ASX:GMD) found multiple high-grade intersections at several sources at its Laverton operations in Western Australia, all of which stand to leverage existing infrastructure with their proximity to the processing plant, according to a Friday filing with the Australian bourse.Studies to expand the processing plant to 4.5 to 5 million tonnes per year are progressing on schedule for completion before September, the filing said.Shares rose 4% in morning trade on Friday.

ASX:GMD

Asia38d ago

Pengana International Equities Declares Fully Franked Special Dividend

Pengana International Equities (ASX:PIA) declared a fully franked special dividend of AU$0.125 per share, payable on Aug. 19 to shareholders on record as of Aug. 3, according to a Friday Australian bourse filing.The dividend reinvestment plan will not be in operation for the special dividend, the filing added.

ASX:PIA

Asia38d ago

Dateline Resources Chairman Invests Nearly AU$2 Million Through Option Exercise

Dateline Resources (ASX:DTR) said Non-Executive Chairman Mark Johnson has invested nearly AU$2 million in the company after exercising 97.7 million listed options, according to a Friday Australian bourse filing.Johnson's holding has increased to 586.6 million ordinary shares, representing around 15.3% of the company's issued capital, following the conversion, the filing added.

ASX:DTR

Asia38d ago

Centuria Capital Group Open Retail Entitlement Offer

Centuria Capital Group (ASX:CNI) opened the retail component of the entitlement offer, which is expected to raise about AU$35 million, according to a Friday filing with the Australian bourse.The retail entitlement offer is being conducted on the same terms as the recently completed institutional component, which raised roughly AU$65 million at an issue price of AU$2 per security, the filing said.The offer provides eligible retail securityholders with an opportunity to participate in the retail entitlement offer on a pro rata basis, per the filing.

ASX:CNI

Asia38d ago

Core Lithium Spins Out Gold and Non-Lithium Tenements Via Share Sale to Axiant Resources

Core Lithium (ASX:CXO) said it has signed a share sale agreement with Axiant Resources for the sale of all shares in two wholly owned subsidiaries holding its gold and non-lithium tenements, according to a Friday Australian bourse filing.The company said it will retain exposure to the assets and gold price through ownership of 20 million ordinary shares in Axiant and up to 20 million performance rights as consideration for the acquisition, enabling Core to focus on the Finniss lithium project and the exploration and development of its other lithium assets.Axiant's board will include retiring Core Chair Greg English as non-executive chairman and Dan Travers as chief financial officer, with Axiant intending to undertake an initial public offering to raise between AU$8 million and AU$10 million before costs, with eligible Core shareholders entitled to participate in a priority offer, the filing added.

ASX:CXO

Asia38d ago

EQ Resources Shareholder Elmet Group Exercises Option to Acquire 20 Million Shares

EQ Resources (ASX:EQR) shareholder Elmet Group exercised an option to acquire 20 million shares in EQ Resources, boosting its holdings in the company to about 23.7 million shares, according to a Friday filing with the Australian bourse.The investment follows a collaboration and offtake agreement under which Elmet agreed to purchase tungsten concentrate from EQ Resources' Barruecopardo operation in Spain over a renewable five-year period.

ASX:EQR

Asia38d ago

ASX Preview: Australian Shares Set to Rise as Oil Surges on Strait of Hormuz Security Fears; BHP Group Appoints Chief Enterprise Performance Officer

Australian shares are poised to rise on Friday after oil prices jumped more than 2% overnight following reports of an attack on a cargo vessel near Oman that disrupted security concerns around the Strait of Hormuz and reignited fears over global crude supply flows.Overnight, the S&P 500 and the Nasdaq Composite edged down 0.01% and 0.5%, respectively, while the Dow Jones Industrial Average rose over 0.1%.In the macroeconomy, investors are eyeing the Reserve Bank of Australia's June monetary policy board meeting minutes next week.In corporate news, BHP Group (ASX:BHP) appointed Edgar Basto as chief enterprise performance officer, effective Sept. 1.DigiCo Infrastructure REIT (ASX:DGT) said Chief Executive Michael Juniper will not return from personal leave and has stepped down from his role, effective Friday.Australia's benchmark index fell 0.7% or 59.7 points to close at 8,748.70 on Thursday.

ASX 200ASX:BHPASX:DGT

Asia38d ago

Imricor Medical Systems Files US Registration Statement for About 39 Million Class A Shares

Imricor Medical Systems (ASX:IMR) filed a registration statement with the US Securities and Exchange Commission for 38.9 million class A common shares, according to a Friday notice on the Australian bourse.The shares are issuable under options the company previously granted as part of an equity incentive plan, per the filing.

ASX:IMR

Asia38d ago

DigiCo Infrastructure REIT CEO Steps Down

DigiCo Infrastructure REIT (ASX:DGT) said Chief Executive Michael Juniper will not return from personal leave and has stepped down from his role, effective Friday, according to a same-day Australian bourse filing.The board has initiated an executive search to appoint a permanent CEO, the filing added.

ASX:DGT

Equities38d ago

I-Pulse Wins $250 Million CHIPS Award for Semiconductor, Pulsed Power Technology

I-Pulse on Thursday secured a $250 million award from the US Department of Commerce's CHIPS Research and Development Office for the development of its proprietary semiconductor and pulsed power technology.The funding will support R&D into high-temperature, high-performance silicon-carbide semiconductor components, including high-current, high-voltage solid-state switches with applications in underground mining, rock crushing, manufacturing, and defense systems, the company said.I-Pulse said it will develop the silicon-carbide semiconductors in partnership with US national laboratories, universities, and specialized manufacturers.

Asia38d ago

ACCC to Monitor Coles Group, Woolworths' Compliance With New Pricing Rules

The Australian Competition and Consumer Commission (ACCC) will start tracking big supermarkets' compliance with a new ban on excessive pricing, effective July 1, the regulator said Friday.The excessive pricing prohibition is applicable to large supermarket retailers with annual revenue of over AU$30 billion, a threshold that currently captures just Coles Group (ASX:COL) and Woolworths Group (ASX:WOW), the ACCC said.Under the new rules, the regulator will consider various factors such as the cost of supplying a grocery product and what constitutes a reasonable margin for the supermarket to decide if pricing is appropriate.The ACCC will initially focus its monitoring on a select group of products "where excessive pricing is likely to cause the most harm to consumers," said ACCC Acting Chair Catriona Lowe.

ASX:COLASX:WOW

Asia38d ago

Qualitas Upgrades Long-Term Australian Funds Management EBITDA Margin Target to 60%

Qualitas (ASX:QAL) has upgraded its long-term Australian segment funds management earnings before interest, taxes, depreciation and amortization (EBITDA) margin target to 60%, after meeting its previous target of 50%, according to a Friday Australian bourse filing.The company said it is aiming to achieve greater operating leverage through artificial intelligence, with fiscal 2027 implementation spend focused on building a proprietary AI platform based on Qualitas' proprietary data and intellectual property.Improved scalability and efficiency gains support the upgraded long-term Australian funds management business margins, it added.

ASX:QAL

Asia38d ago

HMC Capital Clears All Conditions for KKR Energy Platform Deal

HMC Capital (ASX:HMC) confirmed that all conditions precedent for its strategic partnership with KKR in the HMC Energy Platform have been satisfied, including approvals from the Australian Competition and Consumer Commission and the Foreign Investment Review Board, with completion expected around June 30, according to a Friday Australian bourse filing.KKR-managed funds will invest up to AU$603 million in the platform, including AU$355 million at closing and a further AU$248 million to support development of its first battery energy storage system, per the filing.The company will also earn a AU$35 million establishment fee in fiscal year 2026, and its invested capital in the platform will fall to about AU$190 million upon completion, the filing said.The platform will be rebranded as Illuma Energy following the close of the transaction and the integration of StorEnergy with the Neoen Victorian portfolio, the filing added.

ASX:HMC

Asia38d ago

NRW Unit Secures Equipment Hire, Services Deal in South Australia

NRW's (ASX:NWH) Golding Contractors subsidiary secured an equipment hire and services deal with OneSteel Manufacturing at the South Middleback Ranges Mine in South Australia for a total value of about AU$150 million over three years, according to a Friday filing with the Australian bourse.Golding Contractors also won a contract with Anglo American for the construction of a new rail diversion and associated utilities infrastructure in Queensland for roughly AU$41 million to AU$45 million due to be completed in March 2027, the filing said.

ASX:NWH

International38d ago

Tokyo Inflation Swells to 1.7% % in June

Consumer prices in Japan's capital rose 1.7% year over year in June, as measured by the headline Tokyo consumer price index, according to data from the Ministry of Internal Affairs and Communications on Friday.The latest pace of growth accelerated from the 1.4% increase the previous month, and was in line with the Trading Economics forecast of 1.7%.Meanwhile, core CPI, which strips out fresh food items, edged up 1.6% in June, faster than the 1.3% increase the previous month.Core-core CPI inflation, which excludes fresh food and energy prices, accelerated to 1.9% in June from 1.6% in May.

Nikkei 225

Asia38d ago

Lendlease Group Completes Sale of UK Build-to-Rent Portfolio

Lendlease Group, (ASX:LLC) in partnership with Canada Pension Plan Investment Board, completed the sale of its United Kingdom build-to-rent portfolio at Elephant Park in London to Greystar, according to a Friday Australian bourse filing.The transaction will generate about AU$260 million in fiscal year 2026 cash proceeds for the company under its capital recycling strategy, per the filing.The divestment comprises 904 residences across four buildings completed between 2021 and 2024, with settlement expected before June 30, the filing added.

ASX:LLC

Asia38d ago

Transurban's 95 Express Lanes Signs Agreement for I-95 Expansion Study

Transurban Group's (ASX:TCL) indirectly held, 50%-owned 95 Express Lanes entered a development framework agreement with the Virginia Department of Transportation (VDOT) to evaluate a bi-directional expansion of the I-95 Express Lanes project, according to a Friday filing with the Australian bourse.The proposal would add about 120 new lane miles, including a 10-mile southern extension through Fredericksburg and Spotsylvania County, which is about six times the previously considered scope, and increase corridor capacity by roughly 140%, per the filing.The project's next phase of development covers design refinement, contractor procurement, and finalization of capital expenditures, ahead of a binding proposal to VDOT, with financial close expected in 2029 if approved, the filing added.

ASX:TCL

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