Latest Finance News

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Finder Energy has announced a significant upgrade to the contingent resources of its Kuda Tasi and Jahal oil fields, verified independently by RISC Advisory. This enhancement strengthens the project's development prospects and supports financing efforts ahead of a planned final investment decision in mid-2026.

Eildon Capital Group has recommended that securityholders accept Samuel Terry Asset Management’s unsolicited $0.875 per security takeover offer, which represents a 24% premium to recent trading prices. An independent expert has deemed the offer fair and reasonable, but uncertainties remain around board composition and liquidity post-offer.

Noble Helium has refinanced its convertible note facility by securing a $1.46 million loan from a shareholder, simplifying its capital structure and boosting working capital.

ECS Botanics reports a positive cash flow milestone in Q1 FY26, driven by strong direct-to-consumer sales and operational efficiencies, while preparing for a European market debut.

Dundas Minerals appoints industry veteran Jonathan Downes as Managing Director, marking a strategic leadership transition following founder Shane Volk's retirement.

Javelin Minerals is advancing its Eureka Gold Project with a targeted diamond drilling campaign and a $25 million mining contract with MEGA Resources, aiming for production by mid-2026.

Imagion Biosystems has completed manufacturing its MagSense® HER2 imaging agent, progressing toward a Phase 2 clinical trial with strong collaborations and a recent AU$3.5 million capital raise.

Dotz Nano Limited has raised an additional A$460,000 through unsecured loans, bringing total funding under this facility to A$1.2 million to support working capital needs.

Assetora Limited has released its audited FY25 financial report showing a significant reduction in losses and a strengthened capital position, highlighted by the reopening of the DomaCom Fund and a $3 million private placement. The company aims to leverage these developments to accelerate growth in funds under management.

Western Gold Resources has raised $6.75 million in a heavily oversubscribed placement, fully funding its Gold Duke Project and setting the stage for production to begin late this year.