Daily Roundup
Friday, 13th June 2025
Last updated: 20:00
FFM.ASX CU6.ASX EDU.ASX EZL.ASX MEL.ASX
Firefly Metals Ltd Announces Flow-Through Placement
Firefly Metals Ltd is offering up to 7,559,539 Shares at C$1.3228 (A$1.488) per Share in a prospectus-based flow-through placement. The Shares are intended to qualify as 'flow-through shares' under Canadian tax rules, meaning the company will incur qualifying expenditures by 31 December 2026 and renounce the associated tax deductions to investors by 31 December 2025. This unique structure provides tax benefits for investors, though there are some risks around the company's ability to satisfy the requirements.
SABRE Topline Results: 64Cu-SAR-Bombesin Effective in Detecting Prostate Cancer Recurrence
Clarity Pharmaceuticals has announced positive topline results from the SABRE trial, evaluating its 64Cu-SAR-Bombesin PET imaging agent in patients with biochemical recurrence of prostate cancer. The data showed the agent was safe, well-tolerated, and effective at detecting lesions in up to 43% of participants who had negative or equivocal standard-of-care scans. All biopsied lesions were confirmed positive for prostate cancer, indicating a 100% true-positive rate. These results highlight the potential of 64Cu-SAR-Bombesin to address a significant diagnostic gap for some prostate cancer patients.
EDU Holdings' Ikon Institute Sees Surge in Student Enrolments
EDU Holdings, a leading tertiary education group, is reporting continued strong growth in new and total student enrolments for Trimester 2, 2025 at its Ikon Institute business. Total enrolments reached a record 3,725, reflecting a 118% increase on the previous corresponding period. New student enrolments also grew 33%, though the company notes increasing competition in its core program areas. Ikon has launched several new courses, including its first postgraduate offering, to broaden its target market.
Euroz Hartleys Proposes $23M Capital Return to Shareholders
Euroz Hartleys Group Limited has announced a proposed capital return of approximately $23 million to shareholders, representing 14 cents per share. This will complete the Board's two-year strategic review to simplify the corporate structure while retaining a strong and conservative balance sheet. Euroz Hartleys has a long history of returning capital to shareholders, having distributed $348 million in dividends and $40 million in previous capital returns over its 25-year history.
Metgasco Raises $750,000 Through Entitlement Offer
Metgasco Ltd has announced the results of its partially underwritten non-renounceable entitlement offer, which raised approximately $750,000 through the issue of new shares to eligible shareholders and an underwriter. Eligible shareholders subscribed for 249,297,154 new shares, with the remaining 125,404,863 shares to be placed by the Underwriter. The funds will be used to address known impediments and opportunities for higher production in the company's Odin and Vali wells.
References
FFM.ASX | 08:19 | Prospectus - Flow-Through Placement |
CU6.ASX | 09:58 | SABRE topline results |
EDU.ASX | 09:52 | Ikon T2'25 enrolments - up 118% on PCP |
EZL.ASX | 09:19 | Proposed Capital Return |
MEL.ASX | 09:07 | Results of Entitlement Offer |