Latest Debt Facility News

Axiom Properties Limited reported a $518,000 increase in cash reserves for the December quarter, reaching $1.86 million, while extending key debt facilities to support its Mt Barker development and the rapidly expanding ListSure business.

Vintage Energy reported a 105% jump in quarterly sales revenue driven by a 90% increase in production, despite operational challenges at its Odin-2 well and the termination of a merger proposal with Galilee Energy.

Strike Energy has obtained $162 million in credit approval from Macquarie Bank, advancing its $217 million financing package to refinance debt and develop the South Erregulla Power Project.

EcoGraf Limited advances its vertically integrated battery anode materials business with a significant UFK loan mandate and progress across upstream, midstream, and downstream operations.

SportsHero Limited has inked a five-year partnership with Indonesia's Indosat Ooredoo Hutchison to market its Family Game Room product, alongside securing a $1 million debt facility to support its expansion plans.

Vital Metals reports a substantial 56% increase in Measured and Indicated Resources at its Tardiff project, alongside a significant expansion of its Nechalacho land footprint and plans for a forthcoming Scoping Study.

Way2VAT has locked in firm commitments to raise an additional A$1.3 million through convertible notes, aimed at strengthening its working capital and servicing existing financing facilities. The conversion of these notes into shares hinges on upcoming shareholder approval.

IGO's December quarter report reveals robust performance at Greenbushes lithium mine but significant setbacks at Kwinana and Nova, culminating in a $79 million EBITDA loss and a strategic halt on Kwinana’s Plant 2.

Beforepay Group has reported a strong Q2 FY25 with record revenue exceeding $10 million and a growing active user base, while introducing its new Personal Loan product.

MedAdvisor Limited reported a significant 38.6% drop in 2Q FY25 revenue due to vaccine program deferrals but expects a stronger second half driven by a diversified US pipeline and cost-saving initiatives.

Blue Star Helium has secured strategic helium and oil and gas assets in Colorado, partnered with Helium One to fund drilling, and raised A$3 million, positioning itself for production growth in 2025.

Australian Agricultural Projects Ltd reports a robust quarter with healthy orchard growth and forecasts a significant increase in olive oil production for 2025, alongside strategic lease renewal initiatives.