SYDNEY: The Star Entertainment Group (ASX: SGR) confirmed on Monday that it has received an unsolicited, non-binding funding proposal from Bally’s Corporation. The proposal outlines a potential capital raise of at least A$250 million (approximately $165 million USD) to support The Star’s financial needs. Under the terms of the proposal, The Star would issue convertible…
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Atturra acquires U.S.-based Kitepipe
SYDNEY: Atturra Limited (ASX: ATA), a leading technology services provider, announced today that its subsidiary, Atturra North America Inc., has acquired Kitepipe, a U.S.-based Boomi Platinum Partner. The acquisition aims to enhance Atturra’s data and integration capabilities, particularly in North America. The deal, executed through a Membership Interest Purchase Agreement (MIPA), involves an upfront cash…
Zeus Resources to acquire high-quality antimony exploration project in Morocco
SYDNEY: Zeus Resources Ltd. (ASX: ZEU) announced Monday that it has entered into an agreement to acquire the Casablanca Antimony Project in central Morocco, a high-potential exploration site targeting antimony mineralization. The acquisition, subject to shareholder approval, includes six exploration licenses covering an area of 79 square kilometers. The Casablanca Antimony Project, located approximately 42…
Canyon Resources acquires 9.1% stake in Cameroon’s rail operator, Camrail
SYDNEY: Canyon Resources Limited (ASX: CAY) has announced that its wholly owned subsidiary, Camalco Cameroon SA, will acquire a 9.1% interest in Camrail SA, the operator of Cameroon’s rail network. This significant move, backed by two share sale agreements, marks a major milestone for Canyon’s flagship Minim Martap Bauxite Project. Camalco will acquire a 3.8% equity…
Insignia Financial receives revised takeover proposals from Bain Capital and CC Capital
MELBOURNE: Insignia Financial Ltd. (ASX: IFL), a leading Australian wealth manager, announced on March 7, 2025, that it has received revised non-binding takeover proposals from Bain Capital Private Equity, LP, and CC Capital Partners, LLC. Both firms have offered to acquire all shares in Insignia Financial at A$5.00 per share, representing an 8.7% increase from their…
Duxton Water sells water entitlements to Australian government for $121.3 million
STIRLING: Duxton Water announced Thursday it has agreed to sell 30,614 megalitres of water entitlements to the Australian Federal Government for approximately $121.3 million. The sale is part of a government initiative to enhance environmental water flows in the Murray-Darling Basin. The transaction, conducted at a premium to Duxton Water’s current net asset value, includes high…
Inghams Group announces Matthew Easton as new CEO for New Zealand
AUCKLAND: Inghams Group (ASX: ING), a leading poultry producer, announced the appointment of Matthew Easton as the new Chief Executive for its New Zealand operations, effective March 10, 2025. This follows an ASX announcement on December 16, 2024, regarding the departure of the current Chief Executive, Edward Alexander, who will step down on June 30, 2025. Andrew…
Air New Zealand CEO Greg Foran to step down in October 2025
AUCKLAND: Air New Zealand announced today that Chief Executive Officer Greg Foran will resign and leave the airline on October 20, 2025. Chair, Dame Therese Walsh, stated that Foran has indicated to the Board that he believes the airline is well-positioned to continue its trajectory of growth and innovation, and the time is right for him to…
Finexia Financial Group announces proposed disposal of businesses
SYDNEY: Finexia Financial Group Limited (ASX: FNX) announced on Thursday that it is considering the disposal of a significant portion of its business, including the sale of Creative Capital Group Pty Ltd (CCG) and the management rights of the Finexia Childcare Finance Trust (FCFT). The proposed transaction comes after the resignation of former CEO Patrick Bell,…
West Cobar Metals announces strategic gold exploration acquisition in Western Australia
SUBIACO: West Cobar Metals Limited (ASX: WC1) has announced the conditional acquisition of a highly prospective gold exploration tenement in the Fraser Range of Western Australia, marking a significant step in the company’s expansion into the region’s gold exploration sector. The company has entered into a binding agreement with IGO Limited to acquire a 100% interest in…
Albion Resources appoints Peter Goh as new CEO
SYDNEY: Albion Resources Limited (ASX: ALB) is pleased to announce the appointment of Mr. Peter Goh as its new Chief Executive Officer, effective 24 March 2025. Mr. Goh, a seasoned resources analyst and Chartered Accountant with over 17 years of industry experience, is expected to steer the company through its upcoming strategic developments. Mr. Goh…
Firebrick Pharma secures A$1.1 million investment from Pharma Nutria N.A. Inc.
SYDNEY: Firebrick Pharma Limited (ASX:FRE) announced Tuesday that it has secured an investment of A$1.1 million from Pharma Nutria N.A., Inc. (PNAI), a member of the SV More Group of Companies. This investment includes Firebrick’s Philippines licensing partner, SV More Pharma Corporation. As part of the deal, PNAI will acquire 11,578,947 ordinary shares in Firebrick at $0.095…