Latest Capital Management News

St Barbara will sell its remaining New Simberi interest and Tabar Islands exploration exposure to Lingbao for A$453 million in cash, while retaining royalties over future production. The deal could leave the gold developer with about A$880 million in cash, but completion still depends on regulatory and potentially shareholder approvals.

Babylon Pump & Power (ASX:BPP) says it has satisfied the conditions attached to its revised NAB debt facilities and has sufficient working capital after completing its recapitalisation. The company is now positioning itself as a focused water-management rental business, although ASX has not yet confirmed when trading will resume.

NuEnergy Gas Limited has secured A$3.05 million through a placement to fund early gas sales and production expansion at its Tanjung Enim project, alongside advancing other Indonesian coal bed methane assets.

Australasian Metals has locked in a three-month exclusive option to acquire majority stakes in two promising lithium projects in Côte d'Ivoire, marking a strategic move into West Africa's emerging critical minerals scene.

Neurizon has appointed Dr Chris Bremer as chief executive as its NUZ-001 ALS program moves towards topline Phase 2/3 results expected in late Q2 2027. The incoming CEO brings more than 20 years of pharmaceutical and biotechnology experience, including over US$1 billion in licensing transactions.

Mader Group has initiated a $30 million on-market share buy-back, signalling confidence in its valuation and financial strength while maintaining its growth strategy.

Noronex Limited has exercised its option to acquire Alaskan Critical Minerals, unlocking ownership of the Sleitat Tin Project in Alaska. The company secured an ASX waiver allowing milestone-based share issuance beyond the usual timeframe, tying payments to resource milestones and a decision to mine.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

WCM Global Growth Limited (ASX:WQG) has confirmed its fully franked final dividend for Q4 FY2026 at 2.35 cents per share, with a Dividend Reinvestment Plan (DRP) issue price capped by pre-tax net tangible assets per share.

Argo Global Listed Infrastructure Limited (ASX: ALI) has updated its dividend reinvestment and bonus security plan prices for the six-month distribution ending June 2026, confirming a fully franked dividend of 5.5 cents per share payable in September.

Australian United Investment Company Limited (ASX:AUI) updated its dividend details to include a DRP issue price of AUD 11.6623 per share, maintaining a fully franked total dividend of 28 cents for the six months to June 2026.