Latest Fund Governance News

Victory Metals has set out a 20-year development case for North Stanmore, backed by a 47 million tonne Probable Ore Reserve and a pre-tax NPV8 of A$1.76 billion. The project remains pre-feasibility stage, while the company ended FY2026 with A$11.18 million in cash and no operating revenue.

Tungsten Mining has appointed Jefferies Australia to pursue strategic investors for its Watershed tungsten project, adding a global investment bank to a funding campaign already covering debt, offtake and government support. The move expands the options around a project with a reported A$1.309 billion pre-tax NPV8, but no funding deal or Final Investment Decision has been secured.

Mount Hope Mining has advanced its Mt Solitary gold project with strong drilling results and metallurgical testwork, aiming for a maiden JORC Mineral Resource Estimate by the end of 2026.

Aland Equity Group’s subsidiary has formalised a Management Rights Agreement for 56 residential lots at Elm Grove Heights, Bungendore, setting the stage for its first property funds income and a sales campaign starting September 2026.

State Street’s suite of six SPDR International Equity ETFs reported solid net asset growth and consistent benchmark tracking for the year ended 30 June 2026, with comprehensive risk management and an unqualified audit from Ernst & Young.

Munro Partners has agreed to buy GSFM Pty Limited, the parent company of GSFM Responsible Entity Services, which manages three Munro-branded ETFs. The deal is expected to close in Q4 2026, with potential shifts in board composition but no disruption to fund management.

Rimfire Pacific Mining has engaged UK-based Xcelsior Capital Advisors to support funding, government relations, and marketing for its NSW scandium projects, leveraging Xcelsior’s ties to the Wogen group and global critical minerals networks.

Bounty Oil & Gas NL has issued a prospectus offering over 632 million new options to eligible investors as part of a broader recapitalisation, potentially raising $6.3 million if exercised.

HUB24 continued its strong growth trajectory in Q3 FY26 with $4 billion in net platform inflows and announced plans to acquire the trustee of its super fund, signaling strategic consolidation amid market volatility.

Audeara has locked in exclusive Australian rights to a customised assistive listening device from ShokzHear, aiming to tackle widespread listening challenges among schoolchildren through government-backed programs.

State Street SPDR Core Equity ETFs have reported consistent half-year results for the period ending 31 December 2025, maintaining alignment with their benchmark indices and continuing to provide reliable distributions to unitholders.

Elanor Commercial Property Fund members have voted to replace Elanor Funds Management Limited with Evolution Trustees Limited as the responsible entity, marking a significant governance shift now officially recorded by ASIC.