Latest Equity Capital News

Norwest Minerals has strengthened the technical case for its Bulgera heap-leach project with a revised 191,000-ounce resource and 86% bottle-roll recoveries. But the ASX-listed explorer ended FY2026 with $394,541 in cash, and its auditor highlighted material uncertainty over its ability to continue as a going concern.

WhiteHawk has secured an unsecured A$1.5 million facility and says it does not currently expect to raise equity, after cutting annualised operating costs by about A$1.24 million. The funding comes at a 16% interest rate and must be repaid in full at maturity, leaving execution and cash receipts central to the plan.

Arika Resources has consolidated full ownership of its two Western Australian gold projects after a year of expanding mineralisation and fresh high-grade targets. The exploration story is gathering momentum, but auditors have flagged material uncertainty around funding as the company moves into a more than 20,000-metre drilling campaign.

Gold Corporation, trading as The Perth Mint (ASX:GCB), reported a record $100.19 million profit before tax for 2025-26 and recommended its largest-ever dividend to the Western Australian Government. The result was powered by extraordinary precious-metals demand and prices, but the company’s own budget points to a much leaner year ahead.

CGN Resources has expanded its exploration footprint across gold and copper, but the annual report pairs that growth with a material going-concern uncertainty. The company ended FY2026 with $2.11 million in cash against $1.99 million of operating cash outflows.

Pengana Capital Group has lodged a formal application with the Takeovers Panel contesting the legitimacy and disclosure of Pengana International Equities’ recent capital management moves, including a contentious buy-back and rights issue.

Complii FinTech Solutions expanded into institutional markets with a major contract, raised $2 million via convertible notes, and facilitated $22.48 billion capital raising on its platform in FY26.

Canyon Resources has postponed its first bauxite shipment from the Minim Martap project due to a suspension of loan drawdowns by AFG Bank and complications arising from an unsolicited takeover bid. The company is pursuing multiple funding avenues while managing cash carefully amid these setbacks.

WasteCo has issued $700,000 in unsecured convertible notes at 8% interest, set to mandatorily convert upon an expected equity raise within three months. The company also amended $2 million of existing notes, lowering the conversion price and extending maturity.

Bell Financial Group surged to a $21.7 million half-year profit, more than doubling its net profit on stronger markets and the launch of its Bell Potter Private Wealth platform. The company also lifted its interim dividend by 67%, reflecting confidence in its diversified financial services model.

ARC Funds Limited has established a $5 million Capital Placement Facility with Securities Vault, giving it flexible access to standby equity capital over 12 months without immediate dilution.

Janus Electric navigated a transitional Q4 FY26 by settling legacy debts, raising $12 million, and growing its North American order book to 112 truck conversions, positioning itself for commercial scale-up.