Latest Financials News

Minbos Resources has launched a prospectus offering nearly 118 million free attaching options to recent Placement investors, aiming to bolster funding for its Cabinda fertilizer plant amid operational and geopolitical challenges in Angola.

NEXTDC has responded to ASX concerns over early media disclosures about its $7 billion OpenAI data centre deal, affirming compliance with continuous disclosure rules and downplaying price sensitivity.

Suzerain Investment Holdings has declared its takeover offer for Entertainment Rewards Limited unconditional, now holding a 90.88% stake and urging remaining shareholders to accept before the December 31 deadline.

Vintage Energy has signed a formal agreement to acquire Metgasco's 25% interest in the Southern Flank joint ventures for $5.9 million, advancing its strategic position in key gas assets.

Korab Resources Limited reported a positive cash flow for the December 2024 quarter, maintaining a strong liquidity position with funding to support its exploration activities for over 17 quarters.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

White Energy Company Limited has successfully closed a 5 for 12 entitlement offer, raising approximately $3.5 million before costs, with underwriter Morgans Corporate Limited covering the shortfall.

Miramar Resources has completed its Tranche 1 share placement and secured a further $205,000 commitment from a director for Tranche 2, pending shareholder approval in early 2026.

APC Minerals has launched a pro-rata entitlement offer to raise up to $1.38 million by issuing new shares to existing shareholders. Letters detailing the offer have now been dispatched, with documents accessible electronically.

Robex Resources has reached a pivotal milestone at its Kiniéro Gold Project in Guinea by delivering first ore to the mill, setting the stage for first gold production expected this month.

Arafura Rare Earths has completed the second tranche of its $475 million capital raise, issuing over 1.25 billion shares and raising $351.6 million before costs. The company also awaits results from a retail share purchase plan that could add another $50 million.

The Australian Treasurer has approved Hanwha Corporation’s increase of its direct equity stake in Austal Limited from 9.9% to 19.9%, setting the stage for potential strategic partnerships as Austal rides a wave of record revenues and defence contracts.