Latest Fund Strategy News

ASX has suspended trading of Magnum Mining’s MGUN securities following the abrupt cancellation of its entitlement offer, raising questions about the company’s capital strategy.

Dateline Resources has revised its gold price assumption to US$2,900/oz for the Colosseum Gold Project, significantly enhancing the project's economic outlook ahead of its Bankable Feasibility Study.

Bendigo and Adelaide Bank reported a slight dip in its Common Equity Tier 1 ratio to 10.83% for the March 2025 quarter, reflecting dividend payments and increased residential lending. Despite this, the bank sustained robust liquidity and funding metrics well above regulatory minimums.

Macarthur Minerals has secured $250,000 through unsecured convertible notes to bolster its working capital and support ongoing operations amid challenging market conditions.

Emu NL’s recent shareholder meeting saw all attempts to remove or elect new directors decisively rejected, reinforcing board stability as the company completes a planned capital raise.

Celsius Resources has successfully completed the second tranche of its capital raising, issuing over 227 million shares and securing approximately A$1.75 million. The new shares are now trading on AIM, marking a significant step in the company’s funding strategy.

Mount Burgess Mining announces the immediate resignation of long-serving Chairman Nigel Forrester due to ill health, appointing Dr. Steve Lennon as the new Executive Chairman to steer the company forward.

Core Lithium's Restart Study for the Finniss Lithium Operation confirms a 20-year underground mine life with significant cost reductions and enhanced production capacity.

Ridley Corporation announces a $300 million acquisition of Incitec Pivot Fertilisers Distribution, aiming to boost earnings and diversify its agricultural services portfolio. The deal includes a $125 million equity raise and strategic supply agreements.

Equinox Resources has successfully completed the first tranche of its $3.5 million capital raise, issuing nearly 31 million shares at 9.5 cents each. The second tranche, involving additional shares and options, is pending shareholder approval.

VHM Limited has launched a partially underwritten equity placement and share purchase plan to fund the development of its Goschen rare earths and mineral sands project, targeting production by late 2026.

Australian Vanadium’s subsidiary VSUN Energy reports improved cost competitiveness for Project Lumina’s vanadium flow battery system, positioning it strongly in Australia’s growing long-duration energy storage market.