Daily Roundup
Monday, 7th July 2025
Last updated: 20:00
SOL.ASX MDR.ASX NAN.ASX BKW.ASX NST.ASX
Strong Finish to the Financial Year for Leading Miners
Topco Fully Funded to Execute Merger Between SOL and BKW
Topco, the new entity formed from the merger of Soul Patts and Brickworks, has secured full equity funding of approximately $1.4 billion, providing certainty and flexibility as the merger process advances. The company has received commitments for 34 million shares, with an additional $220 million in equity funding fully underwritten by Aitken Mount Capital Partners. These funds will be used to cover a significant portion of Brickworks' outstanding debt, address other liabilities, and fund transaction costs.
MedAdvisor Completes Sale of ANZ Business to Jonas Software
MedAdvisor Limited has completed the sale of its ANZ business operations to Jonas Software for an estimated total consideration of ~$42.35 million. The transaction includes an upfront payment of $27 million, a holdback amount of $8 million, and an uncapped earn-out potential. With the sale complete, MedAdvisor will now focus on its US business and continue to evaluate strategic options.
Nanosonics Launches Innovative trophon3 and trophon2 Plus Software
Nanosonics, a leader in infection prevention, has launched its latest innovation, trophon3, in Europe, the UK, Australia, and New Zealand. trophon3 offers a range of new customer benefits, including a 40% faster cycle time and expanded digital integration and traceability capabilities. The company has also introduced trophon2 Plus, a software upgrade that brings the key features of trophon3 to existing trophon2 users.
Northern Star Delivers Strong Q4 Production, Raises FY26 Guidance
Northern Star Resources has reported a strong June quarter, with total gold sold of 444,000 ounces, bringing FY25 production to 1,634,000 ounces within revised guidance. The company's Kalgoorlie and Yandal production centres met their revised guidance, while the Pogo operation exceeded expectations. Looking ahead, Northern Star has provided FY26 guidance of 1,700,000 to 1,850,000 ounces of gold sold at an AISC of A$2,300 to A$2,700 per ounce.
References
SOL.ASX | 09:50 | Topco Fully Funded to Execute Merger Between SOL and BKW |
MDR.ASX | 09:57 | Completion of Sale of ANZ Business Operations |
NAN.ASX | 08:25 | Nanosonics launches trophon3 and trophon2 Plus software |
BKW.ASX | 09:50 | Topco fully funded to execute merger between SOL and BKW |
NST.ASX | 08:22 | Operational Update |