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

Cygnus Metals Backs $232m Takeover Proposal from Central Asia Metals
Cygnus Metals board backs $232m Central Asia Metals takeover via all-scrip scheme, a 60% premium; 0.06 CAML per CY5 share, directors back the scheme.

Vysarn to Acquire NewGround in Earnings-Accretive Water Infrastructure Expansion
Vysarn to acquire NewGround in water infrastructure expansion; upfront ~$30m, ~25% pro forma EPS accretion, earnouts linked to EBIT milestones.

Ardea Resources Extends Kalgoorlie Nickel Project DFS Timeline
Ardea Resources extends Kalgoorlie Nickel Project DFS timeline for Goongarrie Hub beyond 30 June; consortium-funded, $98.5m budget; updates coming in months.

DXN Wins $8.8m Contract to Deliver HPC Modular Data Centre to US-Based Neo-Cloud Operator
DXN wins $8.8m US HPC modular data centre contract with neo-cloud operator; potential $278m follow-on as campus-scale AI compute demand grows.

Acrow Forecasts Revenue from Industrial Access Division to Pass $200m in FY26
Acrow forecasts Industrial Access revenue to exceed $200m in FY26, up ~50% on FY25, boosted by Above Scaffold and Brand Australia acquisitions.

Biome Australia to Commence Domestic Production of Activated Probiotics Range
Biome Australia moves to onshore production of Activated Probiotics, targeting margin rise from 61% toward 65%+ as inventory and lead times shrink.

Litchfield Minerals Identifies Thick Copper-Zinc Zones in Phase 3 Drilling at Oonagalabi Project
Litchfield Minerals identifies thick copper-zinc zones at Oonagalabi in Phase 3 drilling; best intercept 68m at 0.62% Cu, 1.44% Zn, 4.3 g/t Ag.

Dreadnought Resources Reports Final Assays from Resource Extension Drilling at Metzke’s Find
Dreadnought Resources extends Metzke's Find with 150m strike extension; high-grade intercepts boost upcoming resource upgrade, potential near-term production.

PMET Resources Reports Multiple LCT Pegmatite Discoveries at Quebec Properties
PMET Resources reports high-grade LCT pegmatites in Quebec; Li up to 2.94%, Cs up to 16.43%, Ta up to 3,768 ppm; PMT in focus.

Simble Solutions Partners with Macquarie University to Advance Nanosensor Technology
Simble Solutions signs two-year, co-funded nanosensor project with Macquarie University; Simble pledges $288k to advance SimbleSense/CarbonView integration.

Retail Food Group Narrows FY26 Guidance as Transformation Savings Accelerate
Retail Food Group narrows FY26 EBITDA to $20-21m as trading stays weak, but transformation savings jump to $2.3-2.5m; Firehouse Subs opening this month.

Vitrafy Life Sciences Strikes US Partnership to Promote Cryopreservation Ecosystem for Red Blood Cells
Vitrafy inks US Vitalant pact to deploy next-gen cryopreservation for red blood cells as glycerol tech ends by 2027; signals early market traction.