Latest Financials News

The Federal Court of Australia has approved BHP’s AU$110 million settlement of the Samarco shareholder class action, marking a significant legal milestone for the mining giant.

Cokal Limited has clarified the recent spike in its share price and trading volume, attributing the market activity to a series of operational milestones and strategic partnerships rather than undisclosed information.

Assetora Limited has raised $500,000 through a private placement, issuing 3.57 million shares with options attached, signaling strong investor confidence in its alternative assets strategy.

Scout Security has made significant strides toward merging with Roo Inc, secured $600,000 in fresh capital, and progressed a new Insurtech partnership, all while managing tight cash flow in the September quarter.

Livium Ltd has secured a A$663,000 R&D tax rebate for its subsidiary VSPC, pushing total FY25 rebates to A$1.4 million and reinforcing its push into advanced battery materials and recycling.

Australian Ethical Investment Limited (AEF) has responded to ASX inquiries about additional licence conditions imposed on its subsidiary, Australian Ethical Superannuation Pty Ltd (AES), asserting these do not materially affect its securities value despite a notable share price drop.

Panther Metals has successfully closed a $502,000 entitlement offer, backed strongly by major shareholders and directors, to fund key exploration projects in Western Australia and the Northern Territory.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

Melbana Energy has postponed drilling the Amistad-11 well in Cuba after joint venture partner Sonangol failed to meet payment obligations, triggering a formal Notice of Default.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

Arika Resources has secured $5.7 million through a heavily oversubscribed placement to accelerate drilling at its Yundamindra and Kookynie gold projects in Western Australia, with directors committing $0.65 million themselves.

Wisr Limited has successfully closed its Share Purchase Plan, raising $1.22 million and reducing corporate debt by $7.5 million as part of a broader $10.6 million capital raise.