Latest Balance Sheet News

Synlait Milk Limited has reported a significant half-year loss driven by manufacturing setbacks and market pressures, alongside a strategic recovery roadmap focused on asset sales and operational overhaul.

WA Kaolin Limited has announced a $34.9 million recapitalisation plan involving a non-renounceable entitlement issue and debt conversion to strengthen its balance sheet and fund operational improvements at its Wickepin kaolin project.

Great Southern Mining has raised $4.6 million through a strongly supported share placement, positioning the company to fast-track drilling at its promising Western Australian gold projects, including the Golden Boulder and Amy Clarke discoveries.

Brightstar Resources has completed a $313 million funding package, fully financing its Goldfields Project to production and advancing the Sandstone Project towards a final investment decision.

WCM Global Growth Limited has successfully completed a significant capital raising, issuing nearly 48.5 million new shares and securing $84.8 million through entitlement, shortfall offers, and a placement.

Clara Resources has agreed to sell its Kildanga nickel-cobalt project for up to $1.75 million, marking a strategic shift to focus on its Mareeba gold exploration in Queensland.

Aguia Resources has completed the sale of its non-core Atocha Silver Project in Colombia, receiving the final C$1 million cash payment and fully divesting its interest. This move reflects a strategic shift to focus on near-term production assets and strengthens the company’s balance sheet.

Premier Investments reported a modest 0.38% rise in net profit from continuing operations for the half-year ending January 2026, alongside a 3% increase in revenue and a fully franked interim dividend of 45 cents per share.

Ramelius Resources has withdrawn forward-looking financial statements based on a high gold price assumption, issuing a revised investor presentation that reaffirms its strong production growth and shareholder return plans through to FY30.

Findi Limited has secured $9 million in the first tranche of its $25 million placement, enabling debt reduction and strategic shifts including the cancellation of the Nova transaction and increased ownership in Transaction Solutions International.

Little Green Pharma has terminated its planned sale and leaseback of its Western Australian production facility after failing to reach commercial terms, choosing to retain ownership without impacting operations.

Skylark Minerals’ latest drilling at the M’Basso Zone within its Zaranou Gold Project reveals thicker and richer gold intersections at greater depths, validating its geological model and hinting at significant resource expansion.