Latest Financials News

TMK Energy has successfully raised $3.5 million through an oversubscribed placement, setting the stage for commercial production and exploration at its Gurvantes XXXV Coal Seam Gas Project.

PolarX Limited has completed a $5.09 million share placement, issuing over 339 million shares at 1.5 cents each under its ASX Listing Rule 7.1 capacity. The move strengthens the company’s capital base without the need for a formal disclosure document.

I Synergy Group Limited has entered a strategic partnership with Malaysian gaming firm Octagram to jointly develop AI-driven marketing tools and immersive blockchain gaming experiences, marking a significant step into the Web3 space.

OpenLearning Limited has inked a five-year, usage-based SaaS agreement with Systems Plus College Foundation, marking a significant step in expanding its AI-powered learning platform across Southeast Asia.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

TMK Energy Limited’s securities have been suspended from ASX trading due to a missed periodic report deadline, raising questions about the company’s regulatory adherence and market outlook.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.

West Wits Mining has raised $17.5 million through a discounted share placement to accelerate gold production at its flagship Qala Shallows project in South Africa. This capital injection, alongside existing loans, positions the company to advance toward steady-state output.

Bubs Australia has appointed Paul Jensen as its new Independent Chair and Joe Coote as Managing Director and CEO, signaling a fresh leadership chapter for the infant formula and dairy company.

AMP has reached settlement agreements with several insurers over claims related to historical remediation programs, recovering approximately A$44 million to date while negotiations continue with others.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

The Lottery Corporation Limited has confirmed its fully franked interim dividend and set the Dividend Reinvestment Plan price at AUD 5.91 per share, offering shareholders a clear path to reinvestment for the six months ending June 2025.