Latest Finance News

Alliance Aviation Services has entered a $32.5 million deal to sell the majority of its Embraer E190 spare parts inventory to AVIAN Management, marking a strategic partnership that enhances fleet support across the Asia-Pacific region.

Invictus Energy advances its Cabora Bassa Project in Zimbabwe with an updated Petroleum Production Sharing Agreement draft and National Project Status approval, setting the stage for exploration drilling in 2025.

Coventry Group Limited has appointed Nik Alpert as Acting Group CEO, while announcing the retirement of CFO Rod Jackson and the upcoming appointment of Patrick Maloney as his successor.

BWP Trust proposes to internalise its management by acquiring BWPM from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital upgrades. The transaction is forecast to be accretive to FY2026 distributions and requires investor approval.

First Au Limited has cleared key legal and operational hurdles in its 100% earn-in acquisition of the Nimba Gold Project in Liberia, setting the stage for initial drilling ahead of its July AGM.

Celsius Resources has initiated on-site engineering and feasibility updates at its flagship MCB Copper-Gold Project, supported by new funding and an extended share return agreement with Sodor, Inc.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Xstate Resources Limited has announced a re-compliance capital raising to fund its acquisition of a 51% interest in the Diona Project in Queensland and the drilling of the Diona-1 well, aiming to resume ASX trading.

Duxton Farms announces a transformative merger with four private agricultural companies, alongside a $4 million fully underwritten placement and a special dividend, aiming to significantly expand its asset base and diversify its portfolio.

Kinterra Capital has announced an all-cash $204 million takeover bid for New World Resources, offering a significant premium over a rival bid and recent trading prices. The move positions Kinterra to potentially gain full control of NWR, reshaping the company’s future.

Manuka Resources is progressing financing to restart its Wonawinta silver processing plant and is evaluating a promising gold cut-back at Mt Boppy to boost its Cobar Basin production plan.

QuickFee Limited has successfully completed an oversubscribed Share Purchase Plan, raising a total of A$1.532 million alongside a recent placement, positioning the fintech for accelerated loan book expansion in the US and Australia.