Latest Financials News

Spenda Limited announces the resignation of CEO Adrian Floate due to health concerns, appointing COO Corrie Hassan as interim CEO and welcoming Francis DeSouza to the Board. The company aims to maintain momentum following a record revenue year.

AssetOwl Limited has secured two new technology development contracts worth over A$550,000, marking a strategic push into sustainable energy solutions. Executive Director Bevan Dooley will spearhead these initiatives, signaling a renewed focus on innovation and growth.

Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.

Wildcat Resources has reported significant extensions of lithium-bearing pegmatites at its Bolt Cutter Central discovery near Tabba Tabba, with diamond drilling revealing mineralisation over 700 metres down dip. Follow-up drilling and assays are underway, highlighting the project's growing potential.

NSX Limited has dispatched the Scheme Booklet to shareholders detailing the proposed acquisition by a CNSX-related entity, with a hybrid Scheme Meeting scheduled for 10 October 2025.

Coles Group Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 0.32 per share for FY25, payable in multiple currencies. Shareholders can also participate in a Dividend Reinvestment Plan with no discount applied.

Helix Resources has successfully raised close to $2 million through an oversubscribed rights issue and a follow-on placement, positioning the company to accelerate drilling and resource estimation at its White Hills and Gold Basin projects.

LDR Assets, controlled by the Lederer Family Office, has made a $0.70 per security cash offer for Elanor Commercial Property Fund, representing a premium to recent trading prices and net tangible asset backing. The bid highlights concerns over ECF's financial performance and Elanor Investors Group's solvency risks, with plans to overhaul management post-acquisition.

LDR Assets Pty Ltd, controlled by the Lederer Family Office, has made an off-market takeover bid for all stapled securities of the Elanor Commercial Property Fund (ECF) at $0.70 cash per security, offering a premium over recent trading prices and net tangible asset backing. The bid follows concerns about ECF’s declining financial performance and signals potential management changes and delisting.

Verbrec Limited has agreed to sell its Competency Training business to RelyOn Australia for $11.5 million in cash, aiming to sharpen its focus on core engineering services and accelerate growth in energy transition and automation.

IRIS Metals has expanded its footprint in the Black Hills of South Dakota by acquiring the Bob Ingersoll Mine and surrounding mineral claims, positioning itself for near-term lithium production with drilling planned for late 2025.

Alternative Investment Trust (AIQ) has successfully completed a 1 for 1 non-renounceable rights issue, issuing over 23 million new units and significantly increasing its cash reserves.