Latest Financials News

Boab Metals is set to complete its A$10 million acquisition of Sandfire's DeGrussa Processing Plant, a move that de-risks and accelerates the Sorby Hills Silver Lead Project’s timeline towards production in H2 2027.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Complii FinTech Solutions has landed a strategic two-year deal with a major financial institution, marking its entry into the institutional market segment and positioning the company for scalable growth in capital raising software services.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raise backed by institutional investors including Washington H. Soul Pattinson, alongside a US$30 million convertible note facility to support its Lance Uranium Project ramp-up.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Abacus Group (ASX:ABG) is set to internalise management of Abacus Storage King (ASK), acquiring full control of ASK’s responsible entity for $24 million. The move marks a strategic shift as ABG refocuses on its core commercial real estate business.

Tanami Gold has launched a fully underwritten $70.5 million renounceable rights issue priced at 6 cents per share, aiming to finance its 50% stake in the Central Tanami Project. The offer is open to eligible shareholders across select jurisdictions and runs until 27 May 2026.

Ariana Resources has monetised part of its Zenit holding for US$19.5 million cash, retaining a 9.9% stake and boosting its war chest to advance the Dokwe Gold Project feasibility study in Zimbabwe.

EBR Systems has landed a significant purchasing agreement with Advocate Health, the third-largest US non-profit health system, opening access for its WiSE wireless cardiac pacing technology across 69 hospitals in eight states.

Alcidion Group has acquired Telstra Health's Kyra flow products for $3 million upfront, adding 33 long-term customers and boosting recurring revenue in key Australian states.

Algorae Pharmaceuticals has scaled its AI-driven drug synergy platform from one to 18 anchor drugs, generating over 9 million predictions and identifying thousands of promising combinations for cancer and other diseases.

Wildcat Resources is progressing its Definitive Feasibility Study for the Tabba Tabba lithium-tantalum project, targeting accelerated processing plant expansion and incorporating tantalum and petalite to boost project economics.