Latest Capital Management News

Diablo Resources has completed its maiden drilling at the Phoenix Copper Project in Utah and secured $2 million in fresh capital to accelerate exploration and expand its US critical minerals portfolio.

Wesfarmers Limited has announced a fully franked special dividend of AUD 0.40 per share alongside a substantial AUD 1.10 capital return, both payable on 4 December 2025, marking a significant milestone in its 2025 capital management strategy.

Heavy Minerals Limited is finalising its Port Gregory Garnet Project Pre-Feasibility Study with a report due in November 2025, while advancing a promising industrial minerals project towards a binding agreement expected this quarter.

Vection Technologies reports a 60% surge in operating cash flow in Q1 FY26, driven by a landmark $22.3 million Defence framework agreement and a strategic $21 million capital raise. The company is poised for sustainable profitability with a record $75 million contract pipeline through 2028.

McPherson’s Limited updates shareholders on its ongoing transformation journey, reporting modest core brand growth in FY25 and outlining a strategic outlook for FY26 focused on sustainable expansion and operational efficiency.

Energy Action Ltd reported a 17% revenue increase to $2.89 million in Q1 FY26, driven by strong contract renewals and new business wins, alongside strategic investments in AI-enhanced technology to expand emissions management services.

Galilee Energy reported steady cash reserves and ongoing reservoir pressure monitoring at its Glenaras Gas Project, while exploring new funding and growth opportunities.

Terra Critical Minerals (ASX, T92) broadens its critical minerals portfolio with new US initiatives and promising exploration in New South Wales and Canada. The company also pursues a US OTC listing to tap North American capital.

The Star Entertainment Group reported a 5% revenue increase in Q1 FY26 and a halving of its EBITDA loss, while navigating regulatory challenges and advancing a major joint venture exit.

Rivco Australia Limited reported a steady quarterly performance with NAV growth and declared its 17th consecutive increasing dividend, while progressing its strategic internalisation.

Aeris Resources has announced a significant $90 million equity raise through a placement and share purchase plan, aiming to strengthen its balance sheet and fund key growth projects. The raise comes with a discount to recent share prices and supports the company’s strategic expansion and operational improvements.

GWA reported modest revenue and earnings growth in FY25, driven by strong performance in Australia and the UK despite a tough New Zealand market. The company also initiated a $30 million on-market share buyback and increased its fully franked dividend.