Latest Equities News

ReNu Energy has agreed to sell its Countrywide Hydrogen Business, including a key Tasmanian green hydrogen project, to a management-controlled entity for up to $1.1 million, pending shareholder approval. This strategic divestment aims to relieve financial pressures and reposition the company as a debt-free vehicle focused on new growth opportunities.

Micro-X Ltd has announced a $6 million capital raising alongside a $2.4 million strategic investment from Billion Prima, underpinning its pivot towards medical imaging and cashflow stability.

JPMorgan Asset Management has announced the final cash distributions for February 2025 across several of its active ETFs, providing investors with key dates and reinvestment options.

Garda Property Group reported a net loss of $10.19 million for the half-year ended December 31, 2024, yet maintained its interim dividend, signaling resilience amid asset value declines.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Winsome Resources has announced a significant new high-grade spodumene pegmatite discovery at its Sirmac-Clapier Project in Quebec, featuring lithium grades up to 3.0% Li2O alongside notable cesium and tantalum mineralization.

ImpediMed Limited has locked in a US$15 million growth capital facility with SWK Funding LLC, providing crucial financial flexibility to advance its SOZO Digital Health Platform and commercial ambitions.

Infini Resources has successfully raised AUD$3.4 million through a flow-through share placement at a significant premium, positioning the company to aggressively advance exploration at its Portland Creek Uranium Project in Newfoundland.

WA Kaolin Limited has announced a fully underwritten pro-rata accelerated non-renounceable rights offer to raise approximately $7 million, aiming to bolster working capital and support production ramp-up at its Wickepin operations.

WA Kaolin Limited is raising A$7 million through a fully underwritten entitlement offer to support its sales ramp-up and working capital needs, following a successful upgrade to its classifier project that enhances production capabilities.

Magellan Financial Group reported a stable funds under management (FUM) figure of A$39.1 billion for January 2025, with flat flows across both retail and institutional segments.

Beam Dental Bidco Pty Ltd’s off-market takeover offer for Pacific Smiles Group Limited is set to close on 11 February 2025, with the Pacific Smiles Board unanimously recommending acceptance of the cash offer. Holding 89.23% voting power, Bidco signals no extension or price increase, urging shareholders to act promptly.