Latest Equities News

Betashares Capital Ltd has released the estimated annual distribution components for its Global Shares Currency Hedged ETF (HGBL) for the 2024-25 financial year, highlighting a nuanced mix of foreign income and capital gains.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon by acquiring six new exploration licences, more than doubling its landholding and positioning itself in a globally emerging rutile province.

Platinum Asset Management and L1 Capital have announced a strategic merger to create a diversified investment platform with $16.5 billion in assets under management, promising significant cost synergies and earnings accretion for shareholders.

Ryder Capital Limited has reported an impressive 27.5% pre-tax net tangible asset return for FY25, significantly outperforming key benchmarks and raising its fully franked final dividend to 5.5 cents per share.

InFocus Group Holdings has extended its convertible note facility with Obsidian Global, unlocking up to AUD 450,000 to accelerate growth in digital assets, AI, and machine learning.

South Harz Potash Limited has launched a two-tranche placement and a rights issue to raise over A$3 million, aiming to accelerate development of its German potash assets amid mixed funding prospects.

Topco, the newly proposed ASX-listed entity from the merger of Soul Patts and Brickworks, has secured full equity funding of approximately $1.4 billion, setting the stage for the merger’s next phase.

Topco, the new ASX-listed entity formed by the merger of Washington H. Soul Pattinson and Brickworks, has secured full equity funding of approximately $1.4 billion, setting the stage for the merger's next phase.

The Star Entertainment Group has extended the termination date of its binding heads of agreement with joint venture partners to 31 July 2025, with significant repayment obligations looming if negotiations falter.

Polymetals Resources has halved its US$20 million debt facility and raised A$15 million in equity to support the Endeavor Mine's transition to steady production.

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.