Latest Financials News

EDU Holdings has significantly raised its FY25 financial outlook following strong enrolments and cost efficiencies, while announcing a selective buy-back of 12.5% of its shares from major investors.

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

Linius Technologies, soon to be Ion Video Limited, appoints Sophie Karzis as company secretary and Canaccord Genuity as corporate advisor, signaling a strategic push in governance and capital markets engagement.

Big River Industries Ltd has announced a fully underwritten renounceable entitlement offer to raise approximately $10 million, aimed at funding its acquisition of John’s Building Supplies, a leading Western Australian building materials distributor. The offer opens on December 8 and closes on December 17, 2025.

North Stawell Minerals has raised $500,000 through a strategic share placement to fund ongoing gold exploration projects in Victoria’s Stawell Mineralised Corridor, reinforcing its position for growth into late 2026.

African Gold Limited has entered into a binding agreement for acquisition by Montage Gold Corp. in an all-scrip deal valuing African Gold at a significant premium. The transaction aims to combine key Côte d’Ivoire gold assets under one larger entity.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Big River Industries Ltd (ASX, BRI) is set to acquire John’s Building Supplies, a leading Western Australian distributor, in a $17 million deal that promises immediate earnings accretion and strategic growth in the WA market.

Big River Industries is set to acquire John’s Building Supplies for up to $17 million, backed by a fully underwritten $10 million entitlement offer to fund the deal. This move strengthens Big River’s presence in Western Australia’s growing building materials market.

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.