Latest Banking News

Global X Management (AUS) Limited has announced updated estimated distribution amounts for its Australian Bank Credit, NASDAQ 100 Covered Call, and S&P 500 Covered Call ETFs for the period ending January 31, 2025.

Oakajee Corporation’s recent auger drilling at the Paynes Find Gold Project yielded disappointing results, with low gold and copper assays suggesting the alluvial cover remains a significant barrier to effective sampling.

High Peak Royalties has fully repaid its US$750,000 financing facility with Macquarie Bank, removing all associated securities and guarantees. The company signals confidence in its near-term liquidity and operational funding.

EcoGraf Limited advances its vertically integrated battery anode materials business with a significant UFK loan mandate and progress across upstream, midstream, and downstream operations.

Zenith Minerals reported a 40% increase in its Dulcie Far North gold resource and secured A$2.48 million in new funding, positioning the company for aggressive exploration across its Australian gold and lithium projects.

DXN Limited reported a robust 58.1% revenue increase to $4.8 million in Q2 FY25, underpinned by strategic capital raising and new product innovation targeting AI infrastructure. The company is advancing key mining and telecom projects while streamlining operations to support its ambitious $16 million revenue guidance for FY25.

Latitude Group Holdings Limited has announced a quarterly distribution of AUD 2.2291 per Capital Note, payable in late April 2025, continuing its steady income stream for investors.

Icon Energy Limited reported a $455K cash balance and issued 100 million shares this quarter to sustain operations amid ongoing uncertainty over the ATP 855 permit renewal.

Cape Range Ltd reports a robust 23% revenue increase in its Biztrak software business for the December 2024 quarter, alongside a 68% surge in cash receipts, while investing in strategic corporate initiatives to fuel future growth.

Centaurus Metals reports significant progress in its Jaguar Nickel Sulphide Project, delivering a high-grade nickel concentrate and advancing mine optimisation, while also making strides in copper and iron ore projects in Brazil.

Sky Metals Limited reported its December 2024 quarterly cash flow, revealing ongoing exploration expenditures alongside a robust cash position of A$6.375 million.

Odessa Minerals has completed key heritage and radiation surveys at its Lyndon Uranium Project and secured $1.1 million in new funding from prominent investors, positioning the company for a focused 2025 exploration campaign.