To The Moon

Full story: https://grafa.com/en/news/united-states/connect-biopharma-rademikibart-phase-2-asthma-data Connect Biopharma reported positive preliminary Phase 2 results for rademikibart in acute asthma exacerbations. The treatment showed a statistically significant improvement in lung function at Day 7 compared with placebo. The company plans further regulatory discussions after additional COPD trial data. Connect Biopharma (NASDAQ:CNTB) reported preliminary topline Phase 2 results from the Seabreeze STAT Asthma study showing rademikibart improved lung function as an add-on treatment for acute asthma exacerbations with type 2 inflammation. The randomized, double-blind, placebo-controlled study enrolled 160 participants who received a 600 mg subcutaneous dose of rademikibart plus standard car

Full story: https://grafa.com/en/news/united-states/lithium-argentina-closes-180-million-ganfeng-investment Lithium Argentina completed a $180 million strategic investment from Ganfeng through a convertible note. The funds will be used with existing cash to repay $259 million in convertible notes due in 2027. Ganfeng could increase its ownership stake to about 16.1% if the note is fully converted. Lithium Argentina (NYSE:LAR) completed a $180 million strategic investment from Ganfeng through a six-year unsecured convertible note to refinance debt and extend its maturity profile. The note carries a 4% annual coupon, matures six years after issuance, and is convertible into Lithium Argentina common shares at a conversion price of $12.50 per share. Lithium Argentina said net proceeds from the

Full story: https://grafa.com/en/news/united-states/rocket-lab-finances-iridium-acquisition-with-1-944-billion-equity Rocket Lab completed a $1.944 billion equity program to finance its pending acquisition of Iridium Communications. The company amended Iridium’s $1.775 billion term loan facility to support the transaction. Rocket Lab expects the financing to cover cash consideration, debt refinancing, and transaction costs. Rocket Lab (NASDAQ:RKLB) completed financing for its pending acquisition of Iridium Communications by raising $1.944 billion through an at-the-market equity program and amending Iridium’s existing term loan facility. The equity program issued 29.3 million shares and provides funding primarily for the cash consideration required for the Iridium acquisition, while the ame

Full story: https://grafa.com/en/news/australia/native-mineral-resources-yields-501-ounces-gold Native Mineral Resources produced a total gold doré weight of 501oz (15.58kg) at its Blackjack gold smelt. The total yield comprised 330.6oz from elution and 170.3oz from gravity circuits. The output forms part of the ongoing processing strategy across the company's regional tenements. Native Mineral Resources (ASX:NMR) completed a gold smelt resulting in a total doré weight of 501oz (15.58kg) at its Blackjack operations. The combined output represents a direct addition to the company's confirmed gold bar total across its processing runs. The transaction broke down into 330.6oz from the elution circuit (bar BJM095) and 170.3oz from the gravity circuit (bar BJM096). NMR Managing Director and CEO

Full story: https://grafa.com/en/news/australia/minrex-resources-expands-tlamino-project-with-greenfield-drilling Minrex Resources has commenced greenfield drilling at the Western Expansion target within its Tlamino Project. The company reported that its share price remained unchanged following the update. Minrex aims to evaluate targets beyond outcropping deposits and link existing mineralised zones. Minrex Resources (ASX:MRR) has commenced greenfield drilling at the Western Expansion target of its Tlamino Project to test extensions beyond outcropping deposits. The new programme contrasts with recent activity that focused primarily on historical shallow drilling at the Barje deposit. CEO Max Piirto commented, "The speed of the programme reflects the shallow, outcropping nature of the depo

Full story: https://grafa.com/en/news/australia/first-au-to-acquire-javelin-minerals-in-takeover First Au executed a binding takeover deed to acquire Javelin Minerals via an all-scrip transaction. Javelin shareholders receive an implied offer value of $0.1153 per share, representing a 40.6% premium based on recent trading averages. The deal aims to consolidate three brownfields gold projects in Western Australia's Eastern Goldfields region near Kalgoorlie. First Au (ASX:FAU) signed a binding agreement to acquire Javelin Minerals (ASX:JAV) through an all-scrip takeover offer. The proposed combination brings together assets near Kalgoorlie to create a combined mineral resource base totalling approximately 350,600 ounces of gold. Javelin Executive Chairman Brett Mitchell commented, “We believ

Full story: https://grafa.com/en/news/australia/talga-group-battery-anode-supply-agreement-secured Talga Group executed a non-binding letter of intent with EAS Batteries for European graphite anode supply. The agreement establishes a framework targeting a binding five-year supply contract by July 2027. The strategic partnership aims to supply high-performance graphite anodes for custom large-format cylindrical cells. Talga Group (ASX:TLG) executed a non-binding letter of intent with German battery manufacturer EAS Batteries to supply high-performance graphite anode materials. The agreement builds on past technical evaluations by establishing a structured framework for product testing and qualification. "These attributes are increasingly underpinning procurement policies in Europe and elsew

Full story: https://grafa.com/en/news/australia/victoria-pauses-1-5b-transmission-line-project Victorian Premier Ben Carroll has ordered a cost review of the Western Renewables Link Project. The budget has increased from $370 million in 2019 to approximately $1.5 billion. The delay puts Australia's federal 2030 renewable energy targets at further risk. Victorian Premier Ben Carroll ordered an immediate cost assessment of the 190-kilometre Western Renewables Link Project after costs blew out to $1.5 billion. The transmission project was originally estimated to cost $370 million when planned in 2019. "If we can save money on the costs of building, we can help reduce the cost of living," said Victorian Premier Ben Carroll. The state government will pause compulsory land acquisitions while the

Full story: https://grafa.com/en/news/australia/briscoe-group-reports-374-2m-in-half-year-sales Briscoe Group achieved record first-half sales of NZ$374.2 million despite a decline in net profit after tax to NZ$27.6 million. The company declared an interim dividend of 10 NZ cents per share as total sales grew 0.79%. Growth was driven by strong performance in sporting goods sales and expansion in online retail channels. Briscoe Group (ASX:BGP) reported record first-half sales of NZ$374.2 million for the 26-week period ended July 26, up 0.79% compared to the previous year. Net profit after tax fell to NZ$27.6 million from NZ$29.3 million recorded in the corresponding period last year. "Delivering record first-half sales, alongside a third consecutive quarter of sales growth, is particularly

Full story: https://grafa.com/en/news/australia/senate-launches-inquiry-into-350b-mortgage-offsets The Australian Senate voted to open an enquiry into customer management failures across the mortgage offset market. Regulators previously forced eight major banks to pay over $55 million in customer compensation. The parliamentary enquiry aims to review bank operations and accountability ahead of its June report deadline. The Australian Senate has voted to launch an enquiry into the management of the nation's $350 billion mortgage offset account market following widespread banking failures. This parliamentary action follows a regulatory review by the Australian Securities and Investments Commission that required eight leading banks to pay more than $55 million in remediation to affected home