Latest Banking News

Perennial Investment Management Limited has announced an estimated monthly distribution of 1.785 cents per unit for January 2025 for the Perennial Income Generator Fund (ASX: EIGA), outlining key dates and options for unitholders.

Hartshead Resources has submitted a revised development report to the NSTA, unveiling a superior gas export route through CalEnergy's Saturn Banks pipeline that promises reduced costs and faster production.

Green Technology Metals (GT1) is progressing its lithium conversion facility in Ontario, with pilot testing underway and a pre-feasibility study due in April 2025. The project aims to establish Ontario's first vertically integrated lithium concentrates and chemicals business, leveraging a strategic partnership with EcoPro.

Macquarie Investment Management Australia Limited has announced a final distribution of 3.9 cents per unit for its Income Opportunities Active ETF for the period ending 31 January 2025, alongside key dates for distribution and reinvestment options.

Pinnacle Investment Management Group has announced a 33-cent per share dividend for the half-year ending December 2024, offering shareholders a fully franked payout option and a Dividend Reinvestment Plan.

JPMorgan Asset Management has updated its February 2025 cash distribution amounts for several of its equity premium income ETFs, reinforcing its commitment to delivering steady income streams to investors.

Vmoto reports a 33% decline in FY24 unit sales but maintains operational cash flow positivity and secures new joint ventures in Thailand and Mexico to bolster its electric mobility footprint.

Sarytogan Graphite Limited reports compelling new copper anomalies at its Baynazar project in Kazakhstan, highlighting potential porphyry mineralisation and plans for expanded soil sampling and drilling.

Intelligent Monitoring Group has secured a $122.5 million debt facility with National Australia Bank, halving its interest rate and freeing up capital for growth. This refinancing marks a pivotal step in the company’s strategic expansion plans.

VanEck Investments Limited has announced final dividends for a suite of its exchange traded funds, with payments scheduled for mid-February. Investors are reminded of the dividend reinvestment plan and upcoming tax details.

Regis Resources has established a $300 million revolving credit facility, replacing its previous term loan to enhance financial flexibility and liquidity amid a strong banking syndicate backing.

Biotron Limited reported a robust net cash inflow of $1.095 million for the December 2024 quarter, driven largely by government grants, supporting its operational stability despite ongoing R&D expenses.