Latest Capital Allocation News

Turners Automotive Group has unveiled an ambitious roadmap aiming for $100 million net profit before tax by FY31, driven by organic growth and strategic network expansion across its integrated used car platform.

Aldoro Resources has finalised the sale of its Wyemandoo Project to Coppermoly, receiving A$100,000 and redirecting its efforts towards its flagship Kameelburg project.

Brookside Energy has reported a modest increase in its total proved plus probable reserves to 12.52 million barrels of oil equivalent, driven by strong performance from its operated wells in Oklahoma’s SWISH play. The company’s proved developed producing reserves also rose by 5%, underscoring steady operational progress.

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

Triangle Energy is set to spin out its Philippine oil and gas assets into a new ASX-listed company, Tetragon Energy, offering shareholders direct exposure to promising Asian resources.

Dart Mining NL has agreed to sell its Buckland Gold Project to Daybreak Minerals for $300,000 cash, while retaining rights to provide drilling services on the tenements.

360 Capital Mortgage REIT has announced an on-market buy-back program for up to 544,337 ordinary units, set to run from March 2026 through March 2027. This move signals a strategic capital management initiative without requiring security holder approval.

Environmental Clean Technologies Limited has agreed to sell part of its Yallourn Property for $1.3 million, marking a clear pivot from its original hydrogen refinery plans. The sale proceeds will support ongoing technology development.

Catalina Resources has secured a significant silver portfolio in Western Australia by acquiring Spinifex Silver Pty Ltd, adding a district-scale opportunity alongside its existing gold and copper assets.

Reliance Worldwide Corporation has announced an additional A$120 million on-market share buy-back, reinforcing its confidence in the company’s strategy and financial health.

Clime Investment Management has entered a strategic partnership to combine its advice business with a leading Australian financial advice group, retaining a significant equity stake and vendor financing role.

Immutep Limited has discontinued its pivotal TACTI-004 Phase III trial in first-line non-small cell lung cancer following an independent futility analysis, prompting a strategic reassessment of its clinical program and finances.