Latest Financials News

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.

Stakk Limited has secured a significant multi-year agreement with Panacea Financial, a U.S. neobank division backed by Peter Thiel, to provide its Embedded Finance technology. This partnership marks a strategic expansion into niche medical financial services.

Dexus has priced a A$500 million subordinated notes issue, enhancing its financial flexibility and extending its debt maturity profile. The move reflects strong investor demand and strategic capital management.

BetMakers Technology Group has signed a definitive agreement to acquire Las Vegas Dissemination Company, gaining direct access to major Nevada casino operators and projecting $4.5 million revenue in the first year.

Premier Investments reported a robust FY25 with a 31% rise in net profit, driven by strong performances from Peter Alexander and Smiggle, alongside a strategic capital return plan including a $100 million share buyback.

Emerald Resources has secured mining approval for its Dingo Range Gold Project in Western Australia and completed a major accommodation camp, marking significant progress toward its goal of becoming a multi-mine gold producer.

Reef Casino Trust estimates a higher full-year distribution for 2025, driven by a robust second half boosted by Cairns’ busy tourist season and increased gaming revenues.

NEXTDC has inked a Memorandum of Understanding with OpenAI to develop a cutting-edge sovereign AI infrastructure in Sydney, marking a major step in Australia’s digital sovereignty ambitions.

Forrestania Resources has lodged a replacement bidder's statement for its off-market takeover offer of Kula Gold, offering 1 Forrestania share for every 5.6 Kula shares. The Kula board unanimously recommends acceptance, highlighting strategic benefits and operational synergies.