Latest Balance Sheet News

Pacific Nickel Mines Limited has agreed to sell its entire interest in the Kolosori Nickel Project to Green Rock Limited for a nominal $1, while securing a royalty agreement tied to future nickel ore shipments.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Almonty Industries reversed prior losses with a Q3 2025 profit, successfully listed on Nasdaq, and announced a strategic acquisition in Montana, expanding its tungsten footprint.

Jindalee Lithium has repurchased all remaining convertible securities from Mercer Street Global Opportunity Fund II and C/M Capital Partners following a successful $8 million capital raise, simplifying its financial structure ahead of advancing the McDermitt Lithium Project.

Wesfarmers has updated details on its 2025 special dividend, confirming a fully franked payout of $0.40 per share alongside a $1.10 capital return, both payable in December following shareholder approval.

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

Nutritional Growth Solutions (ASX – NGS) has locked in a $2 million capital raise through a share placement aimed at fueling sales, inventory, and growth initiatives, pending shareholder approval.

JAYRIDE Group Limited is advancing its transformation into a scalable Mobility-as-a-Service platform, securing new funding and expanding its SaaS footprint across the Asia-Pacific region.

Alkane Resources has announced significant new gold mineralisation discoveries at its Tomingley Gold Operations in NSW, revealing promising expansions at the McLeans and Roswell underground deposits.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

Pepper Money and KKR have agreed to acquire Westpac’s RAMS home loan portfolio, marking a significant move in Australia’s mortgage servicing landscape. The $21.4 billion portfolio acquisition aligns with Pepper Money’s strategy to expand its capital-light servicing business.

Westpac Banking Corporation reported a solid $6.9 billion net profit for FY25, underpinned by strong deposit growth and ongoing digital transformation, while advancing ambitious sustainability targets.