Latest Corporate Operations News

Viva Energy has brought its Residue Catalytic Cracking Unit back online at the Geelong Refinery, pushing production to over 90% capacity following a fire in April. However, the Alkylation unit remains offline and is expected to be out of action throughout 2027.

Flight Centre Travel Group showcased robust growth and strategic innovation at its 2026 Investor Day, navigating geopolitical challenges with AI-driven efficiency and portfolio reshaping.

NEXTDC has successfully closed the retail segment of its fully underwritten entitlement offer, securing A$480 million at A$12.70 per share. The total raise of approximately A$1.5 billion demonstrates strong investor backing ahead of the shares commencing trade on 19 May 2026.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Comms Group Limited delivered a robust first half of FY26 with revenue climbing 39% to $37.6 million and underlying EBITDA nearly doubling to $4.5 million, driven by organic growth and the TasmaNet acquisition integration.

Sentinel Metals is poised to launch its maiden drilling campaign at the Columbia Gold-Silver Project in Montana, pending final regulatory approval. The company also bolsters its local engagement with a strategic executive hire and advances environmental studies.

NEXTDC Limited (ASX:NXT) has announced a A$1 billion wholesale offer of subordinated hybrid securities, fully backed by a binding commitment from Canadian investment group La Caisse. The capital raise aims to support NEXTDC’s growth strategy and infrastructure expansion through to FY29.

Discovery Alaska has completed due diligence and secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, while expanding its claim area to cover promising geological extensions.

Magnetic Resources NL has strengthened its financial position with a significant equity raise, ending December 2025 with a robust cash balance of $35.4 million. Despite ongoing exploration expenses, the company’s funding runway now extends beyond 18 quarters.

The Lottery Corporation will release its half year financial results for the period ending 31 December 2025 on 18 February 2026, alongside key dates for its interim dividend.

Cobram Estate Olives has agreed to acquire California Olive Ranch, significantly boosting its Californian olive groves and expected to enhance earnings per share by 9% from FY2027.

NEXTDC has received State Significant Development approval for its S4 Sydney Data Centre at Horsley Park, clearing a major regulatory hurdle for its expansion plans in New South Wales.