October 2026

Peninsula Energy’s low-pH uranium restart delivered stronger grades but failed to move enough solution through its Lance wellfields, forcing a guidance withdrawal and a US$50.1 million impairment. The company has fresh funding, but its auditor has warned of material uncertainty over its ability to continue as a going concern.

Cynata Therapeutics has lodged a replacement prospectus for a fully underwritten $913,000 entitlement offer, with the cash earmarked largely for adviser costs, intellectual property maintenance and working capital. The raising gives the biotech a near-term funding bridge, but the prospectus again flags a material uncertainty over its ability to continue as a going concern.

S&P Global Ratings has revised TPG Telecom’s outlook to stable from negative while affirming its BBB issuer credit rating. The agency expects mobile growth, lower capital intensity and balance-sheet repair to push adjusted debt-to-EBITDA below 2.75x from fiscal 2027, although spectrum costs remain a substantial test.

Mesoblast has reported a sharp commercial step-up in FY2026, with Ryoncil generating US$115.2 million in net sales and total revenue reaching US$120.3 million. The company has also completed treatment in its 350-patient back-pain trial and refinanced its debt, but remains loss-making and expects to need more capital beyond the next 12 months.

Pengana International Equities has declared a 1.4 cents per share fully franked quarterly dividend, with payment scheduled for 15 December. The distribution implies a 4.93% annualised yield at the company’s 9 October share price, assuming the quarterly rate continues.

Glencore returned to reported profit in 2025 and lifted shareholder distributions, while a stronger second half and expanding copper pipeline helped offset weaker coal markets. The mining giant is targeting more than 1 million tonnes of annualised copper production by 2028, but the strategy remains exposed to execution, commodity prices and transition risks.

Eureka Group Holdings is reshaping its North Queensland seniors rental portfolio, selling half of two Cairns villages while acquiring half of two Townsville assets. The deal is expected to release approximately $10.4 million for development and debt reduction, but settlement is still pending.

Sena & Co has secured 98.796% of 2 Cheap Cars after its $0.90-per-share takeover offer closed, triggering compulsory acquisition of the remaining shares. Trading is due to end on NZX next week, with delisting expected on 21 October.

Sports Entertainment Group has completed the second tranche of its institutional placement, raising a further A$4.75 million at A$0.28 per share. The top-up takes total placement proceeds to about A$14.54 million before costs as the company funds its MediaWorks transaction.

BOA Resources has reported further high-grade copper intersections at Ricci Lee, strengthening evidence of a continuous mineralised system rather than isolated historical hits. Assays from 12 more RC holes and five other Neds Creek prospects could now shape the path towards a maiden Mineral Resource.

Crimson Consulting Australia has raised its unconditional cash offer for Kip McGrath to A$0.75 per share and secured unanimous board backing. The bid now carries no defeating conditions, but the final control outcome depends on acceptances before the 19 October deadline.

FortifAI says independent verification found its NOL8 AI Data Plane delivered up to 118 times more data per infrastructure dollar than Google RE2 at the highest workload tested. The result supports NOL8’s commercialisation push, while also triggering the vesting of 52,516,667 Class C Performance Rights.

Po Valley Energy will distribute approximately A$500,000 through its second dividend, supported by gas production from the Podere Maiar 1 well. The payment comes as the company reports €1.26 million in half-year profit and retains development funding capacity.

WhiteHawk has completed its Quixxi acquisition after shareholders approved every resolution with more than 95% of non-associated votes. The deal adds AI governance, mobile application security and an international customer base, but execution now matters more than the strategic pitch.

Echo IQ has secured an FDA supervisory review of the regulator’s Not Substantially Equivalent decision for EchoSolv HF. The review creates a formal route for reconsideration, but does not change the current regulatory determination or guarantee clearance.

Horizon Gold has reported its strongest Snook intercept to date, including 44 metres at 5.08g/t gold, as drilling points to deeper resource potential at Gum Creek. Results at Cobia and Alma May could also support maiden resources, although further drilling and technical work remain ahead.

First Au has agreed to acquire the Ida Valley Gold Project in Western Australia for A$100,000 in cash and A$100,000 in shares. The project comes with historical drilling across two prospects, but the data still needs to be validated and the transaction remains conditional.

TechGen Metals has agreed to transfer its entire interest in the Ida Valley Gold Project to First Au for A$100,000 in cash and A$100,000 worth of First Au shares. The transaction remains conditional on due diligence and shareholder approval.

Glencore has confirmed its binding offtake agreement for Centaurus Metals’ Jaguar Nickel Project remains effective, preserving a key commercial pillar as the developer negotiates the rest of its funding package. No new funding commitment or Final Investment Decision has yet been announced.

De.mem has reported its strongest quarterly operating cash flow on record, with September cash receipts rising 29% year on year to approximately $10.1 million. The water treatment company also secured an $800,000 antiscalant framework agreement and two equipment orders due for delivery in 2027.

Magnum Mining has added 119 assay results to its Piracanjuba North database, identifying four coherent high-desorption zones across roughly 7.19 square kilometres. The results strengthen the exploration case ahead of a targeted November resource estimate, although the desorption figures remain laboratory screening results rather than process recoveries.

Stakk’s unaudited pro-forma revenue rose 16.5% to A$16.1 million in the first quarter of FY2027, implying an illustrative annualised pace above its full-year objective. The company has kept its A$55.2 million revenue and A$18.5 million EBITDA targets unchanged, stressing that one quarter does not establish the year.

Metro Mining shipped 659,000 wet metric tonnes of bauxite in September, but a collapsed sand bank and workforce disruption have put its 2026 volume guidance under review. Channel repairs are under way, while the company works on longer-term dredging options with Ports North.

Arafura Rare Earths has signed a binding five-year offtake agreement covering up to 850 tonnes a year of NdPr oxide at nameplate production. The deal expands on an earlier term sheet, but leaves pricing mechanics, counterparty identity and conditions precedent undisclosed.