Latest Financial Obligations News

Cann Group Limited has successfully raised an additional $2.5 million through a Share Purchase Plan and shortfall placement, complementing a prior $6.5 million institutional placement. These funds will primarily support debt repayment and strengthen the company’s financial position.

CVC Limited has successfully completed an upsized $75 million capital raise through its Notes 3 offer, setting a 4.50% annual margin. The funds will support general corporate needs and potential debt consolidation.

Synlait Milk Limited has temporarily expanded its banking facilities by NZ$50 million to manage ongoing cost impacts from earlier manufacturing challenges, while preparing to reduce debt through a major asset sale.

GoldArc Resources has taken a decisive step in advancing its Mt Stirling Project by securing 90% ownership and full operational control, removing the need for a feasibility study before mining decisions.

Light & Wonder, Inc. transitions from an ASX Foreign Exempt Listing to a full ASX Listing, marking a significant regulatory shift without raising new capital. The company continues trading its shares as CHESS Depositary Interests on a 1, 1 basis.

Bentley Capital is seeking to recover 50% of legal costs from Keybridge Capital following a Federal Court ruling related to director William Johnson’s litigation expenses. Settlement talks are underway as the exact amount awaits judicial assessment.

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

Noumi Limited reported a 9.0% increase in revenue to $162.4 million for Q1 FY26, driven by strong growth in Dairy and Nutritionals and Milklab plant-based milks, while successfully closing legacy legal matters.

Loyal Metals has intersected an extensive 132.5-meter zone of massive sulphides in its first drill hole at the Highway Reward Copper-Gold Mine, marking a significant milestone in exploration after two decades. This discovery highlights promising copper-gold mineralisation close to the open pit, with follow-up drilling underway.

Jindalee Lithium has launched a $1 million Share Purchase Plan at 55 cents per share, complementing a recent $8 million placement, to fund its McDermitt Lithium Project and repay convertible securities.

Wellnex Life Limited announces the resignation of CEO Zack Bozinovski, who will remain with the company until April 2026, while a $2.3 million loan repayment schedule is negotiated.

European Lithium Limited has launched a replacement options offer for holders of 205 million expiring options, with directors committing to fully participate and underwrite the offer pending shareholder approval at the upcoming AGM.