Latest Financials News

Microba Life Sciences has raised $14.5 million to accelerate clinical adoption of its microbiome testing products, while narrowing its FY25 revenue guidance and signing a strategic UK laboratory agreement.

Ronin Resources Limited updates ASX on delayed exploration activities and relinquished projects, citing socio-political challenges and market conditions. The company anticipates key licence grants by August 2025 and confirms compliance with listing rules while seeking new opportunities.

AGP Investment Management forecasts a strong unfranked distribution for the WCM Quality Global Growth Fund – Active ETF, following a stellar 30.22% return year-to-date that outpaces its benchmark by over 14%.

MA Income Credit Trust (ASX, MA1) has launched a placement to raise nearly A$50 million, aiming to bolster its exposure to private credit through new unit issuance at a slight discount. The capital will fund investments across direct lending, asset-backed lending, and corporate lending segments.

MA Income Credit Trust (ASX, MA1) has launched a fully underwritten wholesale placement to raise nearly $50 million, issuing new units at $2.00 each. The capital will support its core credit investment strategy without requiring securityholder approval.

MA Income Credit Trust (ASX – MA1) has launched a fully underwritten wholesale placement to raise nearly $50 million, aiming to bolster its credit investment portfolio. The placement will issue over 24.8 million new units at $2.00 each without requiring securityholder approval.

Alligator Energy has raised A$17.25 million through a strongly supported placement to institutional investors, positioning the company to advance key development stages at its Samphire Uranium Project. The funds will underpin exploration, feasibility studies, and the upcoming Field Recovery Trial.

Matsa Resources has confirmed the unconditional status of its A$113 million option agreement with AngloGold Ashanti for the Lake Carey Gold Project, triggered by rising gold prices and strategic payments.

Universal Biosensors has requested a voluntary suspension of its shares on the ASX, pending details of a proposed capital raising. The suspension is expected to last until the end of June or until the announcement is made.

Dateline Resources reports steady progress at its Colosseum Gold-REE Project in California, with geophysical surveys nearing completion and initial geochemical assays expected soon. The integrated data aims to sharpen drill targets for gold and rare earth elements.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Orion Minerals has obtained a $0.5 million unsecured loan facility from a company linked to its chairman, aimed at bolstering working capital ahead of potential funding events.