Daily Roundup

SS1.ASX PRO.ASX ENL.ASX PWN.ASX STG.ASX

Drilling Hits Mineralization 26m Above Resource at Sun Silver's Maverick Springs

Sun Silver Ltd reports further assays from its 2025 exploration program at the Maverick Springs Silver-Gold Project in Nevada, USA. Drill hole MR25-230 intercepted significant mineralization 26m above the defined Mineral Resource, including high-grade silver and gold intervals.

The drill hole returned a 140.21m interval at 71g/t AgEq (25.8g/t Ag, 0.53g/t Au) from 160.02m, including a 39.08m zone at 151g/t AgEq (57.3g/t Ag, 1.10g/t Au) from 198.12m. Importantly, this mineralization was intercepted well above the current Mineral Resource.

The drilling results further support Maverick Springs' emergence as a world-class, district-scale precious metals deposit with meaningful silver, gold, and antimony endowment. The deposit remains open along strike and at depth, with multiple mineralized intercepts located outside of the current Resource constrained model.

Prophecy Terminates Proposed Merger with Complexica

Prophecy International Holdings Ltd has mutually agreed with Complexica Pty Ltd to terminate their previously announced merger. After careful consideration, the parties have determined that the proposed merger is not in the best interests of either party or their respective shareholders at this time.

The termination of the proposed merger will enable the Prophecy Board to focus the company's resources on its core business. Prophecy and Complexica will consider any mutually beneficial opportunities to collaborate on product implementation going forward.

Enlitic Expands Relationship with GE Healthcare

Enlitic, Inc. has announced an expansion of its ongoing collaboration with GE Healthcare. This expanded engagement is expected to provide additional one-off revenue of approximately US$1 million over the next 12 months.

The new scope of work adds to the existing migration program and broadens the application of Enlitic's solutions within GE Healthcare. This further strengthens the partnership between the companies and underscores the strategic importance of the relationship.

Parkway Corporate Outlines Growth Plans at 2025 AGM

Parkway Corporate Limited (ASX: PWN) has released the presentation to be delivered by the Group Managing Director & CEO at the 2025 Annual General Meeting. The presentation covers key achievements, the transition to profitability, and the development roadmap for the flagship QBS Brine Management Complex (QBMC) project.

Parkway is forecasting record revenue growth of $15.14 million in FY2025, with strong underlying earnings and operating cash flow, marking the transition to profitability. The QBMC project is expected to be a 'Company Maker' for Parkway, providing a strategic growth platform for integration, interstate expansion, and inorganic growth.

Straker Ltd Reports Improved H1 FY26 Results

Straker Ltd (ASX: STG) has reported a 76% reduction in net loss after tax for the first half of FY26, driven by lower operating and finance costs, despite a 15% decline in revenue.

The company has also announced the renewal and expansion of its strategic partnership with IBM for a further three years, valued at approximately NZ$28 million. This strengthens Straker's position in AI-powered language technology and validates its pivot to AI-driven growth.

Straker is guiding for $38-$41 million in revenue and positive adjusted EBITDA in the coming year as it continues to transition customers to its high-margin AI platform and invest in its 'Small Language Model Factory' to build specialized AI models and applications.