Latest Finance News

Green Technology Metals has extended its Letter of Interest with Export Development Canada for up to C$100 million in financing, reinforcing the strategic development of its Seymour Lithium Project in Ontario.

Imagion Biosystems has completed the conversion of its first tranche convertible notes with Mercer Street, issuing over 3 million shares, while renegotiating terms on the second tranche to extend maturity and reduce debt.

Fatfish Group Limited has refinanced its $5.67 million debt with Arena Investors LP and secured an additional $0.15 million through new convertible notes, including a board nomination right for Arena.

Chariot Resources has signed a non-binding MOU with Fujian Jinjianqiao to explore offtake, financing, and local processing for its Nigerian lithium projects, aiming to accelerate commercialisation.

LinQ Minerals has reported a significant 144m intercept grading 1.0g/t gold equivalent at The Dam, near its Gidginbung open pit in New South Wales, confirming continuous high-grade mineralisation over a 300m strike. Further assay results are pending, underscoring the potential of the Gilmore Project's southern zone.

BlueScope Steel’s board has unanimously dismissed a $30 per share takeover proposal from SGH and Steel Dynamics, calling it opportunistic and undervaluing the company’s assets and growth prospects.

Kingsgate Consolidated has dramatically reduced its borrowings by 68% through a new US$25 million standby loan facility, marking a significant step in its balance sheet de-gearing strategy.

Meteoric Resources has received a conditional Letter of Support from Export Finance Australia for up to US$50 million to advance its Caldeira Rare Earth Project in Brazil, complementing prior US financing interest and reinforcing Australia-Brazil supply chain ties.

Lithium Universe Limited has taken a significant step forward in its North American lithium refining ambitions by confirming the suitability of a Brownsville, Texas site for its second refinery. This move supports a binational platform designed to meet surging demand for battery-grade lithium carbonate.

Viridis Mining and Minerals has secured a pivotal US$50 million Letter of Support from Export Finance Australia, finalising the export credit agency-led debt package for its Colossus Rare Earths Project. This milestone positions the project to advance towards full funding and a Final Investment Decision in the second half of 2026.

Nexsen Limited has initiated FDA engagement for its rapid Group B Streptococcus diagnostic sensor, aiming for expedited US market entry, while bolstering its leadership team and scientific credentials.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.