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The Stock Network (TSN) is your trusted source for ASX stock market news, key trends, and investment insights. Stay tuned for the latest reports, expert market analysis, and IPO updates.
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SKS Technologies Group (ASX: SKS) has secured an additional $80M in works on its Melbourne data centre project, increasing the total contract value to $210M and reinforcing its position in the hyperscale data centre sector.
⚡ Major contract expansion secured, with total value rising to $210M following an increase in scope for a hyperscale data centre project in Melbourne’s western region.
🏗️ Increased project scale, with capacity expanded from 90MW to 126MW, including additional medium and high voltage electrical infrastructure works.
🖥️ Growing data centre pipeline, supporting a record $350M work on hand and strengthening SKS’ position across Victoria and expansion into the NSW market.
SKS Technologies Group Chief Executive Officer Matthew Jinks commented:
“The awarding of this contract demonstrates our ability to convert pipeline opportunities into awarded projects as well as indicating a broader market confidence in the business to reliably deliver such mission critical projects at scale. We are now a fixture in the Victorian data centre market having completed projects for most of the global data centre hyperscalers.”
Solaris Australian Equity Income Plus has listed on the ASX with the ticker code of SET. It is an investment company that aims to give investors exposure to an actively managed portfolio of Australian shares, and receipt of regular monthly income in the form of franked dividends. The investment strategy of Solaris Australian Equity Income Plus will be based on proprietary fundamental research, and disciplined and responsible portfolio construction. A key focus will be the identification of sustainable income opportunities within the Australian equity market.
Great Northern Minerals (ASX: GNM) has entered into a binding exploration lease and option to purchase agreement to acquire 100% of the Iron Butte Gold–Silver Project in Nevada. A successful close on this Agreement would see Great Northern secure a high-quality advanced asset in the prolific Battle Mountain-Cortez mining district with strong potential for near-term resource definition and growth.
⛏️ Acquisition of the Iron Butte Gold–Silver Project gives Great Northern a well-defined epithermal gold-silver system in a tier-one mining jurisdiction with extensive historical drilling and near-surface oxide mineralisation.
🪨 Iron Butte has a strong existing dataset, with 148 drill holes confirming wide gold-silver intersections from surface and supporting a maiden JORC resource targeted in the near term.
🥇 Iron Butte also possesses expansion upside, with mineralisation open in all directions and high-grade Carlin-style potential identified at depth, alongside planned drilling in Q3 2026.
Great Northern Minerals Non-Executive Chairman, Eddie King:
“The acquisition of Iron Butte delivers GNM an outstanding opportunity in Nevada with an extensive and high-quality existing drill dataset that clearly demonstrates a substantial oxide gold-silver system at surface. With 148 existing drill holes, we have a strong foundation and are aggressively progressing to deliver a maiden inferred JORC-compliant resource in the near term – this is a genuine near-term catalyst for the Company."
Bison Resources has listed on the ASX with the ticker code of BSR. The Company is the maiden explorer at its four US-based projects, which are all located within the prolific Carlin Trend in northeast Nevada. Bison Resources’ post listing exploration activities will target carbonate-hosted precious metal deposits with similar geology and structural settings to the ‘Goldstrike’, ‘Bald Mountain’ and ‘Maverick Springs’ gold-silver deposits hosted within the Carlin Trend.
Media: The Stock Network, @lelsmits
What is SaaSpocalypse - it`s a term used to describe the sell off in Software-as-a-Service (SaaS) stocks, caused by fear of AI. As highlighted by Ophir Asset Management, investors fear that AI agents could replace human users and undermine the SaaS stocks` business model.
Ophir and Bloomberg show the software sector is now showing its weakest technical breadth since 2018 and, it’s most oversold level ever. Ophir saying, it expects there are now opportunities to invest in companies that have been oversold.
This “SaaSpocalypse” is impacting well-known ASX names like Xero (ASX:XRO), WiseTech Global (ASX:WTC) and Life360 (ASX:360) and signalling that not all tech growth stories are immune from the shift to AI - but that opportunities always remain.
Atomos (ASX: AMS) is acquiring professional reference monitor company Flanders Scientific, expanding its product ecosystem and positioning itself to capture a greater share of the end-to-end video production workflow.
🎥 Strategic acquisition of Flanders Scientific, adds a globally recognised reference monitor brand with approximately $11M average revenue, and strengthens Atomos’ position across professional production and post-production markets.
📺 Flanders Scientific was acquired at an attractive multiple of approximately 5.4x and should deliver earnings accretive growth, with it expected to generate approximately $1M EBITDA annually post-synergies.
🎬 Expanded product ecosystem, enabling Atomos to support workflows from on-camera capture through to final delivery, increasing share of customer spend across the video production chain.
Atomos Managing Director and Chief Executive Officer Peter Barber commented:
“The FSI brand has a long-standing customer association with product excellence, quality and trust, attributes that closely align with those of Atomos and make the business highly complementary to our broader vision for the future of Atomos.”
Axel REE (ASX:AXL) is advancing its 100%-owned rare earth portfolio in Brazil’s Minas Gerais, led by the district-scale Caladão Project. Recent metallurgical results have confirmed strong recoveries of key magnetic rare earths, supporting the project’s potential to become a future low-cost producer.
Ahead of TIP Group’s Emerging Wealth Winners conference, Non-Executive Chair Paul Dickson joins Lel Smits to outline how Axel REE is positioning itself within the global critical minerals supply chain.
🪓 From testwork to development pathway
⛏️ Scalable, low-cost extraction model
⚒️ Expanding resource and strategic upside
Watch the full interview ⚡ https://youtu.be/Fjxpef5ckFs
🗓 Thursday, 16 April 2026
⏰ 8AM - 6PM
📍 Royal Randwick Racecourse, Sydney
Pacific Edge (ASX: PEB) reported increased test volumes in Q4 FY26, supported by growing momentum toward a Medicare policy change and expanding commercial coverage across key markets.
🧪 Test volumes increase, with total laboratory throughput rising quarter-on-quarter to 5,582 tests, driven by growth in both US and APAC markets.
🇺🇸 Medicare and payer momentum builds, with strong expert panel support preceding a potential policy update and expanded coverage across major US insurers including Blue Cross Blue Shield and Highmark.
🌏 Global commercial expansion, with new hospital adoption in Singapore and Australia alongside continued growth in APAC volumes and clinical usage.
Pacific Edge Chief Executive Officer Dr Peter Meintjes commented:
“Pacific Edge enters the new financial year on the cusp of a major commercial inflection point. Backed by robust clinical evidence, the endorsement of our tests in clinical guidelines, and growing momentum in clinical opinion, we have firmly established ourselves as the first mover and market leader in bladder cancer diagnostics."
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Resources stocks & mining stocks
Impact Minerals (ASX:IPT): Raises funds to grow HPA project and unlock new mineral opportunities
49 Metals (ASX:49M) lists on ASX as it targets high-grade gold discovery in Nevada
Tennant Minerals (ASX:TMS): High-grade gold drilling unlocks upside beneath Bluebird Resource
Neometals (ASX:NMT): Primary copper sulphides confirmed at Rinaldi as drilling unlocks new upside
Far East Gold (ASX:FEG): Exploring world-class copper-gold potential across Indonesia
Chariot Resources (ASX:CC9): Nigerian government green light advances acquisition
Far East Gold (ASX:FEG): High-grade gold extensions at Sua with JORC resource update pending
How Quantum Gravity & AI is becoming the next frontier in mineral exploration
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Axel REE (ASX:AXL): Accelerates rare earth development with high recoveries