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Breaking news and real-time updates from the ASX small-cap market

Market Wrap: Caution finally hits ASX to end three-week winning streak

Buru Energy Secures $5.3M Placement to Fund Rafael Gas Project with Enhanced Economics
Buru Energy raises A$5.3M via two-tranche placement to fund Rafael gas project; says optimisations lift pre-tax cash flow 20-47% and IRR to 42-80%.

Global Momentum Continues as Immuron Delivers Double-Digit Q3 Sales Growth in Australia
Immuron delivers double-digit Q3 Travelan growth, led by Australia +15% to AUD 0.9m; Canada doubles; global Q3 sales AUD 1.5m +16%.

NZ King Salmon Hikes FY26 Guidance on Strong Summer Farming
NZ King Salmon lifts FY26 guidance on strong summer farming; expects NZ$19–27m earnings, pro-forma EBIT NZ$10–18m, harvest up to 6,100t.

Gorilla Gold Mines Accelerating Multi-Asset Resource Growth in Western Australia
Gorilla Gold Mines accelerates WA growth, hits 2.0 Moz resource; Comet Vale and Mulwarrie scale up, Vivien near-term mine planning.

Eden Innovations Launches EdenShield Division in Defence and Infrastructure Push
Eden Innovations launches EdenShield, defence-focused CNT concrete additives; $4.05m placement funds rapid expansion and dual-fuel backup power push.

Axel REE Advances Caladão Toward Field Recovery Trials with ISR and Gallium Strategy in Focus
Axel REE advances Caladão ISR field trials in Brazil's Lithium Valley, flagging gallium/scandium upside; trial mining targeted for 2026.

Resolution Minerals Appoints Brett Lynch to Board Ahead of Planned Nasdaq Listing
Resolution Minerals appoints Brett Lynch to its board ahead of Nasdaq listing, boosting its US-critical minerals push around Horse Heaven.

West Coast Silver Identifies New Priority Drill Target at Elizabeth Hill Following DHEM Results
West Coast Silver discovers drill-ready DHEM conductor at Elizabeth Hill, aligning with historic high-grade silver; immediate drill test underway.

Lightning Minerals Pivots to Gold-Led Strategy with Mt Turner Project
Lightning Minerals pivots to gold with Mt Turner as flagship; 20.4m @ 2.4 g/t Au incl 1.9m @ 10.5 g/t Au; May 2026 drilling; divests lithium to unlock value.

BlinkLab Raises A$17.5m to Fund FDA Autism Diagnostic Clearance and Advance ADHD Trials
BlinkLab raises oversubscribed A$17.5m to push FDA autism Dx1 clearance and start ADHD Dx2 trials; Morocco rollout underpins real-world data.

DGL Group to Progress Strategic Projects After Posting Lower H1 FY26 Earnings
DGL Group H1: revenue down 5.8% to $225.2m; NPAT loss, yet advancing NSW waste plant, Unanderra recycling and ERP as ASX trading resumes.