Latest Financials News

Alcidion Group Limited has upgraded its full-year EBITDA guidance for FY25, now expecting earnings to exceed $4.5 million, driven by contract expansions, cost discipline, and favorable currency effects.

Lunnon Metals has revealed significant gold assay results from both recent and historical drilling at its Cooee prospect, highlighting a promising new target within its Kambalda Gold & Nickel Project. These findings elevate Cooee to a high-priority status alongside established prospects in the Foster Gold Belt.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

Close the Loop Limited reports a robust cash position exceeding A$30 million and appoints Matthew Zimmer as CEO for North American operations, setting the stage for anticipated revenue and EBITDA growth in FY26.

Magnum Mining and Exploration Limited reminds eligible shareholders that its non-renounceable entitlement offer closes on 24 June 2025, aiming to raise over $2.2 million to support its strategic growth plans.

Shift4 Payments, LLC has entered into a definitive scheme implementation agreement to acquire Smartpay Holdings Limited at NZ$1.20 per share, subject to regulatory and shareholder approvals. The transaction outlines a detailed timetable and conditions, including Overseas Investment Office consent and court sanction.

Smartpay Holdings has entered a definitive agreement to be acquired by US-based Shift4 Payments for NZ$1.20 per share, representing a significant premium and a near NZ$300 million valuation. The deal, recommended unanimously by Smartpay’s board, awaits shareholder and regulatory approvals.

Hamelin Gold has completed the second tranche of its share placement, issuing new shares to directors and granting options to lead managers, signaling strong backing ahead of its exploration ambitions.

Mosaic Brands’ administrators have adjourned the second creditors’ meeting after no restructuring proposal was submitted, prolonging uncertainty over the retail group’s future.

Merchant House International has completed the sale of its American Merchant Inc textile factory and related assets, securing a substantial profit and concluding its divestment strategy.

Eden Innovations is set to consolidate its shares and launch a $6.6 million entitlement offer to reduce debt and fund global expansion of its EdenCrete® and OptiBlend® products.

Lithium Universe Limited has announced a $1.7 million capital raising via a two-tranche placement to fund the development of its Bécancour Lithium Refinery in Canada, alongside R&D initiatives and working capital needs.