Latest Fund Strategy News

The Lion Series 2020-1 Trust has completed the redemption of its $920 million Class A1 floating rate notes, leading to their suspension and removal from the ASX official list.

Genmin Limited advances its Baniaka iron ore project with PowerChina’s subsidiary Sinohydro submitting engineering and construction proposals that suggest potential capital cost reductions. Parallel funding discussions with Chinese partners are also progressing.

Noxopharm Limited has secured an extension on $2.6 million of convertible notes and obtained a $1.25 million unsecured loan to bolster working capital, pending shareholder approval.

Scout Security reports a 52% jump in quarterly cash receipts and a 31% reduction in operating outflows, while advancing plans to acquire New York’s Roo Inc.

FSA Group Limited has priced its second asset-backed securities deal, raising $300 million secured by automobile and equipment receivables. The transaction, arranged by National Australia Bank, signals growing momentum in the company's securitisation strategy.

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Fat Prophets Global Contrarian Fund has successfully closed its Share Purchase Plan, raising nearly $1 million from existing shareholders. The capital injection will see over 740,000 new shares issued at a modest discount.

Highfield Resources has terminated its agreement with Yankuang Energy, opening the door to new strategic funding options for its flagship Muga Potash Project in Spain.

Elevra Lithium finalizes merger of Piedmont and Sayona, creating North America’s largest hard-rock lithium producer with a combined resource base of 229Mt. The company outlines ambitious growth plans, operational efficiencies, and a strengthened financial position to capitalize on rising lithium demand.

Sayona Mining’s recent scoping study for its North American Lithium operation reveals a significant expansion, boosting production capacity and reducing costs while delivering robust financial returns.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.

Cauldron Energy has signed a non-binding MOU with Uzbekistan’s Navoiyuran, a global leader in in-situ recovery uranium mining, to collaborate on advancing the Yanrey Uranium Project in Western Australia. This partnership aims to leverage Navoiyuran’s technical expertise and operational experience to unlock the project’s full potential.