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Showing posts from June, 2025

Carbonxt Ramps Up U.S. Expansion with Larger Stake in Kentucky Plant

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  Carbonxt Group Limited (ASX: CG1) has significantly advanced its U.S. growth ambitions by increasing its stake in the Kentucky activated carbon production facility to 43.7%. The Company invested an additional US$1 million into joint venture partner NewCarbon Processing LLC, reaffirming its commitment to scaling operations in the high-margin liquid-phase activated carbon market . This strategic move aligns with Carbonxt’s long-term vision to reach 50% ownership of the facility, with production now just weeks away. The Kentucky plant complements Carbonxt’s existing powdered activated carbon operation in Georgia and serves as a launchpad into the larger U.S. water treatment and environmental compliance markets. Commissioning is in its final stages, with kiln testing and electrical work complete, and final insulation now underway. To support this investment and ensure sufficient working capital, Carbonxt has raised A$1 million through a convertible note issued to major shar...

Carbonxt Increases Stake in Kentucky Facility as U.S. Production Nears

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  Carbonxt Group Limited (ASX: CG1) has taken a significant step toward expanding its footprint in the U.S. activated carbon market, increasing its ownership in the Kentucky production facility to 43.7%. This move comes through a strategic US$1 million investment into its joint venture partner, NewCarbon Processing LLC, as the plant prepares to begin operations in the coming weeks. The Kentucky facility is central to Carbonxt’s transition into the high-demand liquid-phase activated carbon market, which is considerably larger and more lucrative than the Company’s current segments. The facility’s commissioning is progressing well, with key milestones such as kiln high-temperature testing and control wiring already completed. Final insulation work is underway, and production is expected to commence shortly—positioning the Company for revenue growth and margin expansion in FY26. To fund this strategic move and meet working capital requirements, Carbonxt has successfully raised...

Osmond Resources Confirms High-Grade Rutile and Zircon in Zone 2 at Orion EU Critical Minerals Project

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  Osmond Resources Limited (ASX: OSM) has announced a major breakthrough at its Orion EU Critical Minerals Project in southern Spain, confirming high-grade rutile and zircon mineralisation in Zone 2 —a key link between previously confirmed Zones 1 and 3. This discovery cements the continuity of heavy mineral seams across all three zones within the 86.4 km² permit area. Assay results from Zone 2 are particularly promising . Sample Z2_03 returned 8.2% rutile and 4.0% zircon, while Z2_04 yielded 7.1% rutile and 3.2% zircon. These results were validated against earlier bulk sample analysis and confirm the lateral extent of mineralised outcrops along a 12 km strike. This milestone paves the way for Osmond’s 15-hole maiden drill program , which is expected to commence shortly after permitting. The drilling aims to establish vertical and lateral continuity and support the Company’s maiden Mineral Resource Estimate and upcoming Scoping Study, both slated for late 2025. Zone 2’s c...

Osmond Resources Confirms Continuity of High-Grade Rutile and Zircon Across Orion Project

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  Osmond Resources Limited (ASX: OSM) has announced a major breakthrough at its Orion EU Critical Minerals Project in southern Spain, confirming high-grade rutile and zircon mineralisation in Zone 2 —a key link between previously confirmed Zones 1 and 3. This discovery cements the continuity of heavy mineral seams across all three zones within the 86.4 km² permit area. Assay results from Zone 2 are particularly promising . Sample Z2_03 returned 8.2% rutile and 4.0% zircon, while Z2_04 yielded 7.1% rutile and 3.2% zircon. These results were validated against earlier bulk sample analysis and confirm the lateral extent of mineralised outcrops along a 12 km strike. This milestone paves the way for Osmond’s 15-hole maiden drill program , which is expected to commence shortly after permitting. The drilling aims to establish vertical and lateral continuity and support the Company’s maiden Mineral Resource Estimate and upcoming Scoping Study, both slated for late 2025. Zone 2’s c...

Findi Granted Perpetual ATM Licence by RBI, Unlocking Scalable Growth Across India

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  Findi Limited (ASX: FND) has achieved a transformative regulatory milestone with the Reserve Bank of India (RBI) awarding it a perpetual White Label ATM licence , enabling the company to expand its ATM network across India without the limitations of fixed-term renewals or deployment quotas. This development solidifies Findi’s strategic foothold in India’s banking infrastructure and aligns with its long-term vision to become a full-service digital bank. The licence, granted following the rebranding of Tata Communications Payment Solutions Ltd to Findi India Ltd , provides Findi with indefinite authority to operate and grow its White Label ATM (WLA) network, subject to regulatory compliance . This shift removes the administrative burden of periodic licence renewals and unlocks long-term planning advantages, capital investment certainty, and scalable deployment strategies. Findi already operates over 14,000 branded ATMs and services more than 189,000 merchants , processing o...

Findi Secures Perpetual RBI Licence to Expand ATM Network Across India

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  Findi Limited (ASX: FND) has reached a strategic milestone with the Reserve Bank of India (RBI) granting it a perpetual White Label ATM (WLA) licence , a move that eliminates deployment quotas and annual renewals. This landmark development strengthens Findi’s long-term vision of becoming a leading digital bank in India while accelerating its nationwide ATM expansion. The perpetual licence, announced on 26 June 2025, allows Findi to operate its ATM network indefinitely—subject only to ongoing regulatory compliance. This marks a major shift from the earlier model, which involved fixed-term renewals and deployment constraints. With this development, Findi now has the operational freedom to plan large-scale infrastructure investments and enter underserved regions with improved confidence and strategic clarity. The approval follows the formal rebranding of Tata Communications Payment Solutions Ltd (TCPSL) to Findi India Ltd, aligning regulatory and brand identities. Executiv...

Findi Taps DAM, Ambit for TSI India IPO

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Findi Limited (ASX: FND), a leading Australian digital payments and financial services company, has officially appointed two of India’s top financial institutions—DAM Capital Advisors Limited and Ambit Private Limited—to spearhead the IPO of its wholly owned Indian subsidiary, Transaction Solutions International (India) Pvt Ltd (TSI). Scheduled for the second half of 2026, the IPO will mark a pivotal step in Findi’s strategy to unlock shareholder value and strengthen its position in India’s rapidly evolving fintech sector. DAM Capital, named as the Left Lead Banker, will take the lead on managing regulatory filings and execution of the IPO process. The firm's deep expertise in Indian capital markets, particularly with high-growth tech and financial services companies, makes it an ideal partner for this major listing. Ambit Private Limited, acting as Book Running Lead Manager alongside DAM, will provide strategic advisory and post-listing support to ensure the IPO’s long-term su...

Findi Appoints DAM Capital and Ambit to Lead IPO of Indian Subsidiary TSI in 2026

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Findi Limited (ASX: FND), a leading Australian digital payments and financial services company, has officially appointed two of India’s top financial institutions—DAM Capital Advisors Limited and Ambit Private Limited—to spearhead the IPO of its wholly owned Indian subsidiary, Transaction Solutions International (India) Pvt Ltd (TSI). Scheduled for the second half of 2026, the IPO will mark a pivotal step in Findi’s strategy to unlock shareholder value and strengthen its position in India’s rapidly evolving fintech sector. DAM Capital, named as the Left Lead Banker, will take the lead on managing regulatory filings and execution of the IPO process. The firm's deep expertise in Indian capital markets, particularly with high-growth tech and financial services companies, makes it an ideal partner for this major listing. Ambit Private Limited, acting as Book Running Lead Manager alongside DAM, will provide strategic advisory and post-listing support to ensure the IPO’s long-term su...

Osmond Unlocks Critical Minerals Potential at Orion

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Osmond Resources Limited (ASX: OSM) has reached a significant exploration milestone by confirming high-grade rutile and zircon mineralisation in Zone 2 of its Orion EU Critical Minerals Project, located in Jaén Province, southern Spain. The recent assay results, announced on 20 June 2025, mark the successful identification of mineralised outcrops across all three key exploration zones—Zones 1, 2, and 3—highlighting the potential for a continuous, scalable resource in a highly strategic European location. The standout samples from Zone 2 include 8.2% rutile and 4.0% zircon in sample Z2_03, and 7.1% rutile and 3.2% zircon in sample Z2_04. These figures were benchmarked against prior bulk sample analyses and confirm the presence of high-grade titanium and zirconium minerals. With mineralisation now verified across a 12 km east-to-west strike within the 86.4 km² permit area, Osmond is turning its attention to a 15-hole maiden drilling program aimed at establishing vertical and later...

Osmond Resources Confirms High-Grade Rutile and Zircon in All Zones at Orion EU Critical Minerals Project

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  Osmond Resources Limited (ASX: OSM) has reached a significant exploration milestone by confirming high-grade rutile and zircon mineralisation in Zone 2 of its Orion EU Critical Minerals Project, located in Jaén Province, southern Spain. The recent assay results, announced on 20 June 2025, mark the successful identification of mineralised outcrops across all three key exploration zones—Zones 1, 2, and 3—highlighting the potential for a continuous, scalable resource in a highly strategic European location. The standout samples from Zone 2 include 8.2% rutile and 4.0% zircon in sample Z2_03, and 7.1% rutile and 3.2% zircon in sample Z2_04. These figures were benchmarked against prior bulk sample analyses and confirm the presence of high-grade titanium and zirconium minerals. With mineralisation now verified across a 12 km east-to-west strike within the 86.4 km² permit area, Osmond is turning its attention to a 15-hole maiden drilling program aimed at establishing vertical and...

Pacgold Reports Promising Drill Results at Alice River, Eyes Bigger Gold Discovery

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Pacgold Strikes High-Grade Gold at Alice River: Major Discovery in the Making?" Pacgold Limited (ASX: PGO) is turning heads with its latest drilling success at the Alice River Gold Project in Queensland. The first phase of its 2025 10,000-metre RC drilling campaign has uncovered impressive shallow, high-grade gold intercepts that suggest a major discovery could be on the horizon. Key highlights include 48m @ 2.1 g/t Au (with 2m @ 29 g/t) and 50m @ 1.0 g/t Au from surface — results that validate the potential for both bulk tonnage and high-grade development. With 5,800+ metres already drilled and funding secured through a recent $5.6 million capital raise, Pacgold is charging ahead with exploration across multiple regional prospects, including The Shadows, Posie, Jerry Dodds, and Victoria. Adding to its momentum, the company is deploying a diamond drill rig for structural insights and an aircore rig for broader geochemical mapping along the Alice River Fault Zone — a 12...

Findi Ltd: Enabling India’s Fintech Revolution with Scale, Strategy, and Impact

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  Findi Limited (ASX: FND) is driving India’s financial inclusion movement by delivering real-world infrastructure to connect over 1 billion people to essential financial services. Operating at the intersection of technology, banking, and social impact, Findi combines 14,000+ branded ATMs , 189,609 active merchant outlets , and full-stack digital banking solutions to serve semi-urban and rural populations where 350 million remain unbanked. With FY25 revenues of $75.5 million , EBITDA of $31.4 million , and a net cash position of $30.2 million , Findi’s financial performance reflects both scalability and sustainability. Strategic acquisitions of Tata Payments Solutions and BankIT in 2025 expanded its merchant base by 127,000+ and enhanced backend capabilities, setting the stage for deeper penetration and service monetisation. Led by Executive Chairman Nicholas Smedley , Findi is preparing for the IPO of its Indian subsidiary, TSI, in 2026 , with Rothschild & Co advisi...

Findi Ltd: Building India’s Financial Future Through Infrastructure and Inclusion

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  Findi Limited (ASX: FND) is redefining financial access in India by blending physical infrastructure with digital innovation. Operating at the core of the world’s most underbanked economy, Findi powers over 1 billion transactions annually across 14,000+ branded ATMs and a growing network of 189,609 merchant outlets . With AUD 75.5 million in FY25 revenue , strong operating cash flow, and $30.2 million in net cash , the Company stands as a financially robust leader in India’s fintech infrastructure space. Strategic acquisitions— Tata Payments Solutions and BankIT —have cemented Findi’s position as a full-stack enabler for both cash-based and digital transactions, especially in semi-urban and rural India. These moves, led by Executive Chairman Nicholas Smedley , lay the groundwork for Findi’s next major milestone: the planned IPO of its Indian subsidiary (TSI) in 2026 , backed by Rothschild & Co and leading domestic brokers. As India accelerates toward a $1.5 trillion...