Latest Financials News

Rimfire Pacific Mining has requested a voluntary suspension of its shares on the ASX following an arbitration loss against Golden Plains Resources, signaling a period of uncertainty as the company assesses the impact.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

Lakes Blue Energy NL has resumed trading on the ASX following a suspension tied to a recent capital raising announcement, signaling renewed investor access and potential financial shifts.

QPM Energy Limited has launched a $2 million Share Purchase Plan at $0.031 per share, matching a recent $10 million placement, to support the development of its Isaac Energy Hub. Eligible shareholders in Australia and New Zealand can participate until mid-July.

Creditors of Mosaic Brands Limited and its associated companies have resolved to place the group into liquidation, marking a significant development in the retailer’s ongoing financial distress.

Aumake Limited unveils a major FY26 restructuring, splitting operations into two focused units and targeting acquisitions in health supplements to boost profitability and market reach.

Highfield Resources reports steady progress on a proposed $300 million equity placement with Qinghai Salt Lake, aiming to accelerate its flagship Muga and Southey potash projects. While due diligence advances, no binding deal is yet secured.

Magellan Financial Group reported a modest rise in assets under management to $39.6 billion as of June 30, 2025, alongside a strategic shift from monthly to quarterly AUM disclosures.

Enlitic has completed its $10 million capital raise, triggering a $2 million advance payment from GE HealthCare and cementing a strategic collaboration with significant revenue potential.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Torque Metals has kicked off a fully funded 6,500-metre drilling campaign at its Paris Gold Project in Western Australia, aiming to expand its 250,000-ounce gold resource by targeting high-grade zones identified through advanced electromagnetic surveys.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.