Latest Balance Sheet News

Catalyst Metals has finalized the sale of its Henty gold mine to Kaiser Reef, securing $15 million in cash and a near 20% stake in Kaiser. This deal unlocks a strategic option to acquire half of the Maldon processing plant, bolstering Catalyst’s Victorian gold ambitions.

QBE Insurance Group has finalised the resale and buyback of its US$400 million perpetual capital notes, leading to their cancellation and delisting from the Singapore Exchange.

Future Battery Minerals has acquired 100% ownership of the Miriam Project, consolidating all mineral rights and extinguishing royalties, paving the way for a focused gold exploration campaign starting July 2025.

Corazon Mining has finalized the sale of its remaining 15% stake in the Miriam Project to Future Battery Minerals, securing A$350,000 in cash and streamlining its asset portfolio.

GreenX Metals has commenced a fully funded airborne geophysical survey at its Tannenberg Copper Project under the BHP Xplor program, while also securing A$4.6 million through a share placement to bolster its exploration and development efforts.

Aspen Group has offloaded its remaining stake in Eureka Group Holdings for $27.5 million, using the proceeds to significantly reduce its net debt while maintaining its FY25 earnings guidance.

White Cliff Minerals has raised A$14.4 million at a notable premium, positioning itself to fast-track exploration at its Rae Copper Project with drilling set to resume mid-year.

Dateline Resources secures strong funding to progress its Colosseum Gold and Rare Earth Elements project in California, with the Bankable Feasibility Study on track and plans underway for rare earth drilling and a U.S. market uplisting.

Urbanise.com Ltd has partnered with NAB in a landmark deal where NAB acquires a 15% stake to integrate its banking services into Urbanise’s cloud-based strata management platform, aiming to launch a new solution in early 2026.

Alice Queen Limited has lifted its trading suspension following the announcement of a proposed capital raise, signaling a pivotal moment for the company’s financial strategy.

Gentrack reported a solid 9.8% revenue increase to NZ$112 million in HY25, driven by recurring revenue growth and international expansion, while net profit after tax surged 34.7%. The company’s outlook remains optimistic as it targets FY25 revenue above NZ$230 million and deeper market penetration across Asia, Europe, and the Middle East.

Gentrack Group Limited reported a solid 9.8% revenue increase to NZ$112 million in the first half of FY25, powered by strong recurring revenue growth in utilities and a surge in its airports division, Veovo. Net profit after tax jumped 34.7%, supported by currency gains and a lower tax rate.