Latest Financial Position News

Indiana Resources confirms receipt of settlement payments from Tanzania but moves to arbitration after a tax dispute threatens the agreement. The company awaits Australian tax approval to return capital to shareholders.

Tasmea Limited has announced a fully franked special dividend of AUD 0.12 per share, payable on 30 June 2025, alongside a Dividend Reinvestment Plan offering a 5% discount on new shares.

Scorpion Minerals has completed detailed pre-drilling exploration at its Pharos Gold Project in Western Australia and is poised to begin RC drilling targeting multiple high-grade gold zones along a prolific shear corridor.

Strickland Metals has reported a significant high-grade gold intercept at its Gradina Prospect within the Rogozna Project, Serbia, advancing its maiden resource plans.

ALS Limited has launched a Share Purchase Plan allowing eligible shareholders to invest up to A$30,000 in new shares at a discounted price, following a recent $350 million institutional placement.

Evolution Energy Minerals has landed a US$2 million convertible note commitment from major shareholder ARCH PCC EM SRF to support its Kudu Graphite subsidiary, aiming to accelerate development of the Chilalo Graphite Project.

Life360 has announced a $250 million convertible senior notes offering, with an option for an additional $37.5 million, aiming to bolster its balance sheet and support strategic initiatives.

Tasmea Limited is set to acquire the Vertex Group, enhancing its high voltage and portable power services across regional Australia, with a deal expected to boost earnings per share by 3%.

Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.

Resimac Group Ltd has announced a special fully franked dividend of AUD 0.12 per share, signaling strong shareholder returns ahead of the mid-year payment date.

Sultan Resources Ltd has announced a pro rata non-renounceable rights issue to raise approximately $1.16 million, aiming to fund exploration activities and strengthen working capital. The offer opens on June 11 and closes on June 20, 2025.

Opthea Limited faces a pivotal moment as four board members resign following disappointing Phase 3 trial results and a major workforce reduction. The company’s future hinges on ongoing funding negotiations amid trading suspensions.