♟️ Friday 18 September 2026 Fri, 18 Sept 2026

Innovaero Technologies is seeking A$40 million through a proposed ASX listing to advance its OWL loitering munition program and expand manufacturing capacity. The replacement prospectus also makes clear that the company remains loss-making and heavily dependent on the Department of Defence converting development work into production orders.

Platinum Asia Fund Complex ETF delivered a 31.2% return for the year ended 30 June 2026, while net assets climbed to $280.9 million after the PAI scheme of arrangement. The result was strong in absolute terms but trailed its Asian equity benchmark by 6.7 percentage points.

Everest Metals moved Mt Dimer into mining, established a 260,780-ounce Revere gold resource and upgraded its Mt Edon rubidium project in FY2026. Yet the company remains loss-making, has impaired its Mt Dimer development assets and warns that future funding and project cash inflows are needed to support its going-concern assessment.

WA1 Resources has ended FY26 with a larger, higher-confidence Luni niobium resource, encouraging processing results and A$123.8 million in cash. The project now moves towards a targeted Q4 CY2026 Pre-Feasibility Study, with permitting, funding and commercial viability still ahead.

Cygnus Metals shareholders delivered overwhelming proxy support for Central Asia Metals’ proposed takeover, but the transaction still faces a Kazakhstan regulatory decision and possible court-date delay. Final poll results were not included in the chairman’s address and are expected separately.

Great Boulder Resources has used FY2026 to make the leap from gold explorer toward producer, acquiring Peak Hill and securing a 481,000-ounce resource alongside its 1.02 million-ounce Side Well project. The strategic shift came with a A$9.93 million loss, a heavily expanded share count and a clear near-term test: whether 40,000 metres of drilling can support development by late 2027.

Vectus Biosystems swung to a $1.56 million FY2026 profit, but the result was driven largely by the sale of its VB4-P5 compound for XORTX shares and warrants rather than recurring operations. The company is now directing its resources towards VB0004 while its auditor flags material uncertainty over ongoing funding.

Globe International increased FY2026 EBIT and net profit despite almost no revenue growth, as a tighter brand portfolio improved margins across all three regions. The ASX-listed group also lifted its fully franked annual dividend to 23 cents per share and ended the year with A$26.7 million in cash.

MyState delivered a sharp rise in FY26 profit as Auswide integration produced $11.8 million in run-rate synergies, while the group lifted its full-year dividend to 24.5 cents per share. The next test is turning early integration gains into a larger payoff without losing control of technology costs and credit risk.

MAAS Group has received FIRB approval for the sale of its construction materials division to Heidelberg Materials Australia, leaving shareholder approval and an Asphalt Operators acquisition as the key remaining conditions. Settlement remains targeted for October 2026, with transaction terms unchanged.

Otto Energy delivered a sharp rise in FY26 profit and operating cash flow, but the improvement came alongside falling production, depleted reserves and an unresolved asset monetisation plan. The debt-free oil and gas producer is now weighing a shareholder cash return while pursuing separate strategies for SM 71 and GC 21.

Acumentis delivered a sharp improvement in profit and cash generation despite lower revenue, supported by cost control and diversification beyond mortgage valuations. The result comes with a governance complication: a Section 249D requisition seeking to replace the chairman and managing director.

Abacus Group will sell its entire 19.60% interest in Storage King Group for $284.8 million, using the proceeds to repay debt and reduce gearing to about 30%. The transaction simplifies the group’s structure, but part of the sale still requires securityholder approval.

Dataworks Group has lodged a prospectus for a non-renounceable entitlement offer targeting A$1.24 million, alongside a committed A$3 million placement. The raising would fund debt repayment, working capital and contract mobilisation, but also materially expand the company’s share count and option pool.

CurveBeam AI has raised A$1.75 million through an oversubscribed SPP shortfall offer and placement, lifting its recent capital raised to A$7.36 million. The funds will support the HiRise China launch, product development, supply-chain preparation and working capital.

Memphasys has signed a three-year exclusive distribution agreement covering the Czech Republic, Slovakia and Kazakhstan, with minimum purchases worth approximately A$674,000. The deal expands Felix’s European footprint while adding dedicated commercial leadership in the region.

Bannerman Energy has opened a non-underwritten share purchase plan targeting approximately A$10 million to support construction and working capital at its Etango uranium project in Namibia. The offer gives eligible Australian and New Zealand shareholders access to the same A$4.00 issue price as the company’s A$124 million institutional placement.

Altitude Minerals has lodged a prospectus for a non-renounceable $1.49 million entitlement offer, but warns the issue is ununderwritten and highly unlikely to be fully subscribed. The company is seeking up to $2.6 million in total funding for Nevada drilling, business development and working capital.

Aurum Resources has identified high-grade gold outside the current Mineral Resource at its BMT2 prospect in Côte d'Ivoire, including 2.38 metres at 22.01 g/t gold. The results arrive as the company moves towards a Boundiali resource update and Definitive Feasibility Study later this year.

Parabellum Resources has established a maiden 4.8 million tonne Mineral Resource Estimate at its Miandetta prospect in central NSW, containing 37,000 tonnes of nickel and 1,920 tonnes of cobalt. The shallow resource is a meaningful exploration milestone, but remains preliminary and relies on several conceptual assumptions.

Tesoro Gold has established a maiden 1.28 million-ounce JORC Ore Reserve at Ternera in Chile, entirely within a single open pit. The reserve gives the El Zorro project a 13-plus-year production base, but the next test is funding and permitting a development still at PFS stage.

FireFly Metals has turned a year of aggressive drilling into a substantially larger, higher-confidence Green Bay resource, backed by an August PEA and fresh funding. The next test is execution: feasibility, permits, construction decisions and the capital required to build a mine.

Antipa Minerals has expanded its Minyari Project resource to 3.6 million ounces of gold equivalent and advanced key pre-feasibility work, including conventional processing and deeper open-pit studies. The progress comes with an auditor-highlighted going-concern uncertainty as the company prepares for further exploration and development spending.

Macmahon will acquire Aspect Engineering Solutions for a headline enterprise value of A$75 million, adding engineering, minerals processing and project delivery capabilities to its mining services platform. The deal is expected to lift underlying EPS by about 6.2% from inception, although completion and future earnings performance remain important variables.