Latest Financial Risk News

Beonic Ltd (ASX:BEO) has initiated a $3 million pro-rata renounceable entitlement offer at $0.08 per share, partially underwritten by Alpine Capital, to shore up working capital and repay shareholder loans. The offer carries potential dilution of 35.7% for non-participating shareholders and may increase the Thorney Group's voting power significantly.

Straker Limited resumes ASX trading after suspending shares due to transaction anomalies at its US subsidiary. The company maintains normal operations while cooperating with US authorities.

Infinity Mining’s joint venture with Mining One kicks off hands-on exploration at the Walhalla project, targeting structurally controlled gold-antimony mineralisation after promising initial assays.

Equity Trustees Superannuation Limited (ETSL) will contest ASIC's Federal Court civil proceedings related to the First Guardian Master Fund, where member losses total around $70 million. The trustee insists it acted within its fiduciary duties amid ongoing liquidation efforts.

Comet Ridge has revised its acquisition deal for Santos’ stake in the Mahalo Gas Project, cutting upfront cash and extending deadlines to navigate new government gas reservation policy uncertainty.

Metgasco has obtained a A$500,000 bridging loan at 10% interest to cover immediate capital needs while advancing a broader debt restructuring plan.

Locksley Resources has secured an option to acquire 100% of the Iron Duke Copper & Gold Project near its Tottenham asset, adding an inferred resource of 1.3 million tonnes grading 1.0% copper and 0.6 g/t gold. The low-cost, milestone-based deal supports a district-scale exploration strategy in the Cobar region.

Challenger Gold's Pre-Feasibility Study for the Hualilan Project delivers a robust US$1.45 billion pre-tax NPV, 1.84 million ounces gold equivalent production, and a low upfront capital strategy.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.

88 Energy has locked in a fully earned 20% stake in Namibia's PEL 93, eliminating $15 million in future funding obligations and sharpening its exploration focus with new technical data and regional activity.

Austal Limited has won a A$136 million contract extension to build two additional Evolved Cape-class Patrol Boats for the Australian Border Force, increasing the total contracted vessels to six and reinforcing Australia's sovereign naval shipbuilding capabilities.

ANZ Group Holdings Limited posted a 14% rise in cash profit for 1H26 to AUD 3.78 billion, driven by cost reductions and steady revenue, while declaring an 83-cent interim dividend with 75% franking.