Latest Banking News

Lark Distilling Co. reported a 10% increase in net sales for Q1 FY26, driven by strong domestic and Asian export growth, while preparing for a major brand restage and leadership change.

Black Rock Mining has secured A$14 million through a placement and oversubscribed share purchase plan to kickstart early construction at its Mahenge Graphite Project in Tanzania, backed by strong government and industry support.

Develop Global Limited reported a robust cash position of $203.8 million at the end of September 2025, supported by a significant $161 million inflow from financing activities. Despite operating and investing cash outflows, the company maintains a strong liquidity runway.

Peppermint Innovation has secured major partnerships with ECPay and BTI Payments, vastly expanding its physical cash-in and bill payment network across the Philippines and enhancing accessibility for millions of cooperative members.

EVZ Limited reports a robust first quarter for FY2026, showcasing strong cash flow, zero debt, and a substantial contract backlog. The company advances key projects and eyes strategic acquisitions to fuel growth.

Cann Group Limited announces a transformative $9 million capital raise alongside a major debt restructure, positioning the medicinal cannabis pioneer for profitability in FY26.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

Desane Group Holdings has refinanced its corporate debt from Commonwealth Bank to National Australia Bank, increasing funding capacity to $18.8 million and securing improved terms to support its upcoming Penrith industrial development.

Northern Minerals Limited (ASX – NTU) has launched a $60.5 million equity placement to fund the development of its Browns Range Heavy Rare Earths Project in Western Australia, supported by strategic partnerships and conditional debt backing from Australian and US government agencies.

Northern Minerals has raised $60.5 million through a heavily oversubscribed placement to advance its Browns Range Heavy Rare Earths Project, positioning itself as a key supplier of critical minerals essential for clean energy and defense technologies.

Whitefield Industrials reports a $10.5 million net profit for H1 2026, with a strong 17.1% annualised return over three years, maintaining its track record of benchmark outperformance and announcing a 10.5 cent fully franked dividend.

Metal Bank Limited has completed phase one drilling at the Whiteheads Gold Project and secured major shareholder support for its acquisition of Hastings Technology Metals' gold assets, marking a significant step toward gold production in Western Australia.