Latest Balance Sheet News

Yandal Resources has successfully divested its Horizon Minerals shares tied to the Gordons Gold Project, generating $2.74 million and bolstering its cash reserves to accelerate exploration activities.

JAYRIDE Group Limited has raised $935,000 through a share placement and convertible notes, signaling strong shareholder confidence as it advances toward ASX reinstatement and regional SaaS growth.

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

North Stawell Minerals has raised $500,000 through a strategic share placement to fund ongoing gold exploration projects in Victoria’s Stawell Mineralised Corridor, reinforcing its position for growth into late 2026.

African Gold Limited has entered into a binding agreement for acquisition by Montage Gold Corp. in an all-scrip deal valuing African Gold at a significant premium. The transaction aims to combine key Côte d’Ivoire gold assets under one larger entity.

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.

Verbrec Limited has completed the sale of its Competency Training business for $11.2 million, positioning itself for strategic growth in energy transition and automation sectors.

Atomos Limited has exercised 259.8 million options, raising $7.8 million to reduce its debt and boost confidence in hitting $23–25 million sales and positive EBITDA in the first half of 2026.

Control Bionics has secured $3.25 million through a discounted share placement, aiming to boost its assistive and neurotechnology product growth globally.

Metcash Limited’s FY26 half-year results reveal steady revenue amid tobacco sales decline, driven by growth in foodservice, liquor, and hardware segments alongside digital marketplace expansion.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.

Ore Resources has kicked off its Phase 3 drilling campaign at the Miriam Project in Western Australia, targeting promising high-grade gold zones at the Forrest prospect. Results are expected early next year, with the company well-positioned financially to advance exploration.