Latest Banking News

FlexiRoam has onboarded one of Australia’s four major banks to offer complimentary global data roaming on premium rewards Mastercard cards. The live program is expected to generate about USD 140,000 a year under management’s current planning case, although there is no minimum revenue commitment.

Rox Resources has reached financial close on A$350 million of debt facilities for the Youanmi Gold Mine, removing the conditions that had stood between the funding package and construction spending. The company has initially drawn A$90.2 million in project debt and used a further A$4 million bank guarantee facility allocation.

EcoGraf has replaced its earlier Epanko announcement after ASX correspondence, setting out the assumptions behind a potential increase in Stage 1 production to 87,600 tonnes per annum. The higher-throughput case lowers estimated unit costs, but remains preliminary and is not yet the basis for project financing or a final investment decision.

6K Additive has completed a six-year, US$27.4 million secured loan with the US Export-Import Bank to expand production of critical metal powders in Pennsylvania. The financing gives the company access to project funding through June 2028, but the final interest rate and the expansion’s eventual output remain to be established.

Stakk has executed a five-year US$9 million agreement with US banking technology provider Candescent, with its AI-powered cheque and document intelligence already deployed. The contract commits approximately US$1.8 million in annual revenue through 2030 and is expected to contribute above Stakk’s FY2027 revenue milestone.

Aeris Environmental’s FY2026 annual report pairs international commercial progress with a $5.03 million operating cash drain, $9.22 million in net liabilities and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The company says it will need extended related-party loan terms and further funding while converting its technology and chemicals pipeline into recurring revenue.

Chilwa Minerals has lodged a prospectus supporting a fully underwritten US$3.5 million Nasdaq IPO, with most of the proceeds earmarked for exploration at its Chilwa Critical Minerals Project. The raising would strengthen its cash position, but the prospectus also flags material going-concern uncertainty and further funding needs.

Cluey has cancelled 3.24 million shares in a small-holder buy-back, cutting its shareholder count from 665 to 195 just days before trading is suspended and the company leaves the ASX. Investors who miss the final trading window will face a potentially illiquid private market for their shares.

Heartland shareholders have overwhelmingly approved the proposed acquisition of TSB and the creation of TSB Heartland Bank, advancing the transaction toward regulatory completion. The deal still faces outstanding conditions, including a Material Adverse Change test and required approvals.

Atomos Limited (ASX:AMS) returned to profit in FY26 as revenue rose 22.5% and EBITDA swung positive, but the recovery remains financially fragile. The video technology group continues to carry negative net assets, used cash in operations and faces a possible covenant shortfall in the December half.

Locksley Resources has halted active field exploration across its Mojave antimony and rare earths project after antimony prices fell more than 57% from mid-2025 peaks. The strategic reset came as the company reported a widened FY26 loss of A$15.65 million and shifted attention to copper-gold assets in New South Wales.

FBR has cut its annual loss dramatically and moved its first Mantis welding robot into commissioning, but year-end cash of just A$27,814 leaves the company dependent on fundraising, tax funding and successful delivery. Its audited accounts flag a material uncertainty over whether the robotics developer can continue as a going concern.