Latest Equities News

Mount Burgess Mining NL has secured agreements to extinguish nearly $4.7 million in legacy debt, converting a small portion into equity and options, positioning the company for renewed growth.

Supply Network Limited has announced a fully franked ordinary dividend of AUD 0.38 per share for the fiscal year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount on new shares.

Rewardle Holdings Limited remains suspended from ASX trading due to prolonged delays in lodging financial reports, with the exchange warning of imminent delisting unless compliance is demonstrated by mid-September.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

Austin Metals has agreed to sell its Broken Hill exploration licenses to Kingfisher Mining for $400,000, marking a strategic shift to focus on its Western Australian gold projects.

Strike Resources signals potential for an additional A$5 million capital raise through oversubscriptions, pending board approval, with new shares under Tranche 2 set to follow the Share Purchase Plan issuance.

Comet Ridge Limited has independently certified 51.8 PJ of 2P gas reserves and 118.5 PJ of 3P reserves at its 100% owned Mahalo East Project, significantly expanding its gas portfolio in Queensland’s Bowen Basin. This milestone advances the Mahalo Gas Hub’s potential as a key new gas supply region for Australia’s east coast.

Pantera Lithium Limited has agreed to sell its Smackover Lithium Project subsidiary to Energy Exploration Technologies Inc. for A$40 million, significantly strengthening its financial position and strategic exposure to U.S. lithium assets.

Regal Partners Limited reported a 7% increase in funds under management to $17.7 billion for the June quarter, driven by strong inflows and investment gains. The company also upgraded its performance fee and profit forecasts for the first half of 2025.

Larvotto Resources has successfully raised $60 million in equity alongside a $105 million bond, fully funding the Hillgrove Antimony-Gold Mine development with production targeted for mid-2026.

New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.

Leo Lithium Limited reported a net cash outflow of A$3 million in operating activities for Q2 2025 but maintains a robust cash balance of A$53.3 million, supporting its operations for the foreseeable future.