Latest Financials News

NTAW Holdings has secured an extension on its financial covenant waiver from Commonwealth Bank, easing short-term borrowing pressures while continuing debt repayments.

Audalia Resources has completed a $500,000 placement to a sophisticated investor, issuing 20 million shares to fund critical development stages at its Medcalf Project. The capital injection aims to advance mining design, permits, and approvals while bolstering working capital.

Webjet Group has completed its acquisition of Locomote Holdings for $23 million, aiming to fast-track its digital business travel platform and reduce development risks. The move aligns with Webjet’s FY30 Strategic Plan to expand its footprint in corporate travel.

Alara Resources has dispatched its 25th shipment of copper concentrate from the Al Wash-hi Majaza mine in Oman, marking continued steady production and export activity amid evolving logistics.

Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.

Orion Minerals is advancing its A$5 million capital raising through a placement to sophisticated investors, with results expected on 2 October 2025 alongside a resumption of share trading.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Cryosite Limited has inked a deal to acquire a strategic freehold warehouse in Auburn, NSW, doubling its storage capacity and positioning itself for significant growth in clinical trial logistics.

Wesfarmers Limited has updated its dividend distribution for the six months ending June 2025, confirming a fully franked dividend of AUD 1.11 per share payable on 7 October. The company also detailed its dividend reinvestment plan pricing and currency options for shareholders.

Excite Technology Services has raised $2.1 million through convertible notes from institutional investors, including key backer Belgravia Strategic Equities, to fund cost restructuring and operational improvements.

Austal Limited has reached a confidential equitable adjustment agreement with the US Navy, resolving cost and schedule issues on the T-ATS shipbuilding program and limiting the contract to three vessels.

Intelligent Monitoring Group has acquired BNP Securities for $4.2 million, aiming to blend traditional security manpower with advanced video monitoring solutions. This move is set to boost earnings and broaden ADT Guard’s presence in Australia’s security market.