Latest Finance News

Beetaloo Energy Australia Limited has announced a non-underwritten placement and a follow-on share purchase plan to raise approximately A$66.3 million at a discounted price, aiming to finance the completion of the Carpentaria Gas Plant and advance development activities targeting first gas sales in late 2026.

Invictus Energy has secured renewal of its Environmental Impact Assessment in Zimbabwe and is poised to execute a key Petroleum Production Sharing Agreement, enabling significant exploration and appraisal activities in the Cabora Bassa Basin.

Atomos Limited has obtained a new $10 million finance facility from Commonwealth Bank of Australia to support strategic growth initiatives and product development, while also reducing the cost of its existing loan. The company reconfirms its FY26 revenue and EBITDA guidance despite ongoing global uncertainties.

Jindalee Lithium Limited's US subsidiary, HiTech Minerals, has signed a binding agreement with Constellation Acquisition Corp I to form US Elemental Inc., a NASDAQ-listed company holding the McDermitt Lithium Project. The transaction values the new entity at approximately US$571 million enterprise value, with Jindalee retaining majority ownership.

Predictive Discovery Limited (ASX: PDI) and Robex Resources Inc. (ASX: RXR, TSX-V: RBX) have outlined the detailed timetable for their merger, effective 15 April 2026, with Robex shareholders exchanging shares for Predictive Discovery shares at a fixed ratio.

Elanor Investors Group posted a half-year loss for HY26, with funds under management halving due to asset divestments and the Challenger mandate unwind. The group is advancing a $125 million recapitalisation to stabilise its balance sheet and reduce borrowing costs.

Ardea Resources’ Kalgoorlie Nickel Project has been selected for the Australian Government’s Investor Front Door pilot, providing enhanced regulatory support and access to government financing to advance the project’s development.

EcoGraf Limited has initiated a US$9 million farm-in agreement with AngloGold Ashanti at its Golden Eagle Project in Tanzania, alongside promising exploration results at the Hazina prospect. The company is evaluating strategic options to maximise value from its extensive Tanzanian gold portfolio while progressing its flagship graphite and battery anode projects.

DGL Group Limited has agreed to sell two chlor-alkali manufacturing plants for $2.5 million, well below their carrying value, reflecting a $5.3 million impairment charge. The sale aligns with the company’s strategic focus on core operations and is not expected to materially affect ongoing activities.

Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.

Citigroup Global Markets Australia has announced a fully franked dividend for RIO CitiFirst Self-Funding Instalments, with dividend proceeds directed to reduce outstanding loan amounts. The record and ex-dividend dates align with those of RIO ordinary shares.

TZ Limited (ASX:TZL) has secured $0.81 million through a private placement at a 22% premium to the last traded price, issuing 16.2 million shares with attaching options pending shareholder approval. The funds will support debt repayment, vendor payments, working capital, and growth initiatives in smart locking and data centre security.