Latest Financials News

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

The Brazilian government has imposed a 12% tax on crude oil exports effective immediately, a move framed as windfall profit sharing amid high oil prices. Karoon Energy, with significant Brazilian operations, faces new cost pressures as the tax awaits potential ratification by Congress.

Excite Technology Services has secured $1.05 million through convertible notes, aiming to capitalise on its strongest operational cash flow quarter and accelerate growth.

Legacy Minerals advances drilling at its Mascotte Silver-Gold Prospect within the Mt Carrington Project, with assay results imminent and a comprehensive Scoping Study expected in April 2026.

OzAurum Resources has kicked off an 18,000-metre drilling campaign at its Mulgabbie North Gold Project, aiming to confirm high-grade gold zones and accelerate its pathway to production.

Forte Energy has completed a major acquisition of oil leases in Alaska’s National Petroleum Reserve, with technical work underway on the promising Harrier Prospect and cost-saving lease fee suspensions boosting near-term flexibility.

Immutep Limited has discontinued its pivotal TACTI-004 Phase III trial in first-line non-small cell lung cancer following an independent futility analysis, prompting a strategic reassessment of its clinical program and finances.

Collins Foods has agreed to settle a class action over employee 10-minute rest breaks for up to AUD 9 million, pending Federal Court approval. The settlement includes flexible terms based on participant numbers, with no admission of liability.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

Evolution Mining has confirmed a fully franked dividend of AUD 0.20 per share for the half-year ending December 2025, alongside a Dividend Reinvestment Plan price set at AUD 14.4695 with no discount.

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.