Latest Financials News

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.

Electro Optic Systems (ASX:EOS) has launched a A$175 million capital raising to complete its MARSS acquisition and accelerate expansion in counter-drone and defence technologies, buoyed by a surge in Middle East orders.

Klevo Rewards is pursuing an Australian Credit Licence acquisition to enable crypto-centric credit products for Fly Wallet users, aiming to reduce declined transactions and boost platform utility.

Australian Strategic Materials Limited (ASM) shareholders are set to vote on a scheme of arrangement for Energy Fuels Inc. to acquire 100% of ASM shares and options, offering a significant premium and exposure to a vertically integrated rare earth supply chain.

MAAS Group Holdings reconfirms FY26 EBITDA guidance, reports 35% completion on a $200 million AI factory electrical contract, progresses $1.7 billion construction materials sale, and expands debt facilities to support growth.

Boab Metals is set to complete its A$10 million acquisition of Sandfire's DeGrussa Processing Plant, a move that de-risks and accelerates the Sorby Hills Silver Lead Project’s timeline towards production in H2 2027.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Complii FinTech Solutions has landed a strategic two-year deal with a major financial institution, marking its entry into the institutional market segment and positioning the company for scalable growth in capital raising software services.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raise backed by institutional investors including Washington H. Soul Pattinson, alongside a US$30 million convertible note facility to support its Lance Uranium Project ramp-up.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Abacus Group (ASX:ABG) is set to internalise management of Abacus Storage King (ASK), acquiring full control of ASK’s responsible entity for $24 million. The move marks a strategic shift as ABG refocuses on its core commercial real estate business.

Tanami Gold has launched a fully underwritten $70.5 million renounceable rights issue priced at 6 cents per share, aiming to finance its 50% stake in the Central Tanami Project. The offer is open to eligible shareholders across select jurisdictions and runs until 27 May 2026.