Latest Corporate Financing News

African Gold Ltd confirms the independent expert’s reaffirmation of fairness for Montage Gold’s acquisition schemes following FY25 financial results, with directors unanimously recommending shareholder approval.

Cann Group Limited has raised $750,000 through a convertible note agreement with Obsidian Global, aiming to strengthen its working capital and move towards EBITDA positivity.

African Gold Ltd has proposed a scheme of arrangement for Montage Gold Corp to acquire 100% of its shares, with an independent expert endorsing the deal as fair and reasonable. The African Gold board unanimously recommends shareholder approval, setting the stage for a significant consolidation in Côte d'Ivoire’s gold sector.

Magellan Financial Group has announced a landmark merger with Barrenjoey Capital Partners, creating a diversified financial powerhouse valued at over A$1.6 billion. The deal includes a significant share placement and board reshuffle, setting the stage for expanded market influence.

Sequoia Financial Group reported a 75.9% jump in operating profit for 1H FY26 despite a net loss after non-operating charges, prompting a cautious dividend cut amid regulatory challenges.

Hartshead Resources has updated the schedule for its proposed acquisition by ACAM GP Limited, with key shareholder and court dates set through May 2026. The revised timetable outlines the next steps in the scheme of arrangement process.

Podium Minerals has appointed mining heavyweight Neal Froneman as Non-Executive Chairman, alongside key executive promotions, setting the stage for accelerated development of its Parks Reef PGM Project in Western Australia.

Skylark Minerals has sharpened its focus on gold exploration in Côte d’Ivoire, unveiling a robust 2026 drilling program at its flagship Zaranou Project. The company aims to expand its mineral resource and accelerate development in a Tier One West African jurisdiction.

Manhattan Gold Limited has reshaped its board and management team following the full acquisition of the Hook Lake Project, signalling a strategic pivot towards advancing this key asset.

Orion Minerals is finalising a major financing and offtake agreement with Glencore, advancing its transition to a mining company with first copper and zinc concentrate expected by late 2026.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

Brightstar Resources has released an updated feasibility study for its Goldfields Project, projecting $1 billion in pre-tax free cash flow and a 74% internal rate of return, setting the stage for a Final Investment Decision in March 2026.