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Breaking news and real-time updates from the ASX small-cap market

Australian Mines Fast-Tracks Flemington Scandium Project with $3m Strategic Placement
Australian Mines (AUZ) raises $3m in a Tribeca-led placement to fast-track Flemington scandium project to PFS, lifting cash to over $6m.

Entropy Neurodynamics Reports Breakthrough Results from Phase 2a TRP-8802 Study for Treating IBS
Entropy Neurodynamics announces Phase 2a TRP-8802 IBS results: 75% responders, clear gut-brain axis effect; de-risks program ahead of TRP-8803 trials.

Aged Care Adding to Retirement Uncertainty
New aged care reforms force co-payments for home support, risking depleted super as eight funding tiers lift costs and complicate retirement planning.

Weekly Wrap: market steps back from the brink with a rise

Australian Dairy Nutritionals Targets China Growth after Future Brand Powder Sales Lift
Australian Dairy Nutritionals sees Future powder sales lift in China; March quarter revenue $1.4m, powders up 20%, China target 1,000 stores by FY26.

Ava Risk Group Advances Australian Security Contracts as Hale Capital Invests $7m
Ava Risk Group secures $7m Hale Capital investment to fund US expansion, boosts Home Affairs contracts and Telstra tie-ups, with FY26 guidance intact.

LTR Pharma Unveils Strong SPONTAN Data and Dual US Strategy
LTR Pharma reports SPONTAN PK: 5 mg intranasal Tmax 10 min vs 60 min oral; FDA 505(b)(2) pathway; dual US strategy; $24.1m cash, 2026 milestones

Bison Resources Targets Carlin Trend Discoveries after Impressive ASX Debut
Bison Resources follows its strong ASX debut with a $5.5m IPO funds a Carlin Trend exploration push across four Nevada projects.

NH3 Clean Energy Strengthens Financing Case with Strong Public Benefits Forecast for WAH2 Clean Ammonia Project
NH3 Clean Energy (ASX: NH3) wins financing bid for WAH2 as ACIL Allen flags BCR 3.07, A$7.3b GDP boost; FID targeted by end-2026

Austral Resources Completes Lady Loretta Acquisition to Finalise North-West Queensland Copper Strategy
Austral Resources completes Lady Loretta acquisition, debt-free with ~$83m cash as Anthill and Flying Horse advance its NW Queensland copper strategy. ASX: AR1

Resolution Minerals Builds US Critical Minerals Momentum at Horse Heaven
Resolution Minerals advances US Horse Heaven with high-grade Antimony Ridge results; FAST-41 support, $20m placement, NASDAQ ADR plan.

BPH Energy Strengthens Funding Base Ahead of PEP-11 Court Decision
BPH Energy raises $1.2m+ via placement, $0.54m via options; cash rises to $3.59m as PEP-11 court decision on Advent Energy looms amid portfolio progress.