Daily Roundup

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Veem Ltd Requests Trading Halt

Veem Ltd (ASX: VEE) has requested a trading halt in its shares, pending an announcement regarding a proposed capital raising and a material customer contract. The trading halt will remain in place until the earlier of the company releasing the announcement or the market open on 30 September 2025. Veem is not aware of any reason why the trading halt should not be granted.

INOVIQ Licences Ovarian Cancer Biomarker IP from UniQuest

In exciting news, INOVIQ Limited (ASX: IIQ) has secured an exclusive worldwide licence from The University of Queensland's commercialisation company, UniQuest. This licence will allow INOVIQ to develop and commercialise novel exosomal biomarkers for the early detection of ovarian cancer, supporting the development of its EXO-OC test. The licensed IP has demonstrated 100% sensitivity for early-stage ovarian cancer detection and over 99.6% specificity, positioning INOVIQ to potentially bring an important screening tool to market. The company is now in discussions with strategic partners to accelerate the commercialisation of EXO-OC as a Laboratory Developed Test in the US.

Vanguard Announces Estimated ETF Distributions

Vanguard Investments Australia Ltd has announced the estimated distribution amounts and timetable for various Vanguard Exchange Traded Funds (ETFs). The distributions, ranging from 12.9677 cents per unit to 112.0991 cents per unit, will be paid on 16 October 2025, with the ex-distribution date set for 1 October 2025. Investors can take advantage of the Distribution Reinvestment Plan (DRP) available for all the listed ETFs.

Bailador Partially Realises SiteMinder Investment

Bailador Technology Investments (ASX: BTI) has announced a partial realisation of its investment in SiteMinder (ASX: SDR). Bailador has completed a $25.0 million cash realisation, while retaining a 75% stake in the company. This realisation represents an impressive internal rate of return of 36.9% and a multiple of 29.4 times on Bailador's initial investment. Bailador remains confident in SiteMinder's long-term growth potential and will continue to have a board representative on the company.

Tamboran Resources Delivers Record Beetaloo Basin Results

Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) has reported a series of impressive achievements in its fourth quarter activities. The company delivered a record Beetaloo Basin IP90 flow rate of 6.7 MMcf/d from the SS-2H ST1 well, demonstrating the basin's significant potential. Tamboran also commenced its largest-ever drilling program in the Beetaloo, successfully drilling two new wells. Notably, the company received historic approvals to sell appraisal gas, a crucial step towards its proposed Shenandoah South Pilot Project, which is on track for first gas sales in mid-2026.