Latest Funding News

HealthCo Healthcare and Wellness REIT has signed binding agreements for new leases covering its remaining 10 Healthscope hospitals, subject to final approvals. The resolution allows HCW to reinstate quarterly distributions while reducing its largest tenant concentration from 57% to 31%.

Brazilian Critical Minerals has signed binding agreements to acquire 90% of a Brazilian magnesium sulphate producer, aiming to secure a key input for its Ema rare earth project. The strategy offers greater supply-chain control, but the plant requires restructuring and carries estimated legacy liabilities of R$15.3 million.

Buru Energy has formally referred its 100%-owned Rafael Conventional Gas Project to Western Australia’s environmental regulator, with a decision on whether the project requires assessment expected by late 2026. The referral keeps the company’s targets of a final investment decision in the second half of 2027 and first gas in early 2029 in view, subject to approvals.

Maritana Minerals has secured the final statutory approval for its 2.5Mtpa Black Swan Processing Hub in Western Australia and extended early works with GR Engineering Services for an additional A$6.5 million. The project remains aimed at first gold in the second half of calendar 2027, although the EPC contract is still being finalised.

Rox Resources has reached financial close on A$350 million of debt facilities for the Youanmi Gold Mine, removing the conditions that had stood between the funding package and construction spending. The company has initially drawn A$90.2 million in project debt and used a further A$4 million bank guarantee facility allocation.

Vertex Minerals’ Reward Gold Mine produced 679 ounces in its first production year, but the transition came with a A$16.4 million loss, negative operating cash flow and a formal going-concern warning. The company now faces a narrow window to prove its mechanised mining plan can lift production before debt repayments and further funding decisions bite.

Metrics Income Opportunities Trust has released its audited FY2026 accounts, correcting the classification of valuation reductions while reporting an $18.2 million loss and a lower NTA. KPMG issued an unqualified opinion, but ASX has yet to determine when MOT units will resume trading and underlying funds remain closed to applications and redemptions.

Metrics Real Estate Multi-Strategy Fund has released audited FY26 accounts with an unqualified KPMG opinion, reporting $28.2 million in profit after tax and 10.48 cents per unit in distributions. The accounts also expose a $10 million interest-free related-party loan and a temporary halt to applications and redemptions in underlying funds.

Metrics Master Income Trust has lodged its audited FY2026 accounts with an unqualified KPMG opinion, but the report confirms a temporary liquidity restriction at the underlying funds. Profit and net assets both fell year on year, while the Fund remains exposed to valuation movements in a largely Level 3 portfolio.

Hammer Metals’ proposed acquisition by Austral Resources has cleared its first court stage, with ASIC registering the scheme booklet and an independent expert backing the scrip deal. Shareholders now face linked votes on the takeover and the demerger of Western Australian gold assets into an unlisted company.

Heavy Minerals reported a sharply wider FY2026 loss and a $3.15 million net working capital deficit, with its auditor flagging material uncertainty over the company’s ability to continue as a going concern. The balance sheet pressure sits alongside stronger project milestones, including a post-year-end Port Gregory study and the push to fund Kanmantoo.

oOh!media has sent shareholders the scheme booklet and voting materials for I Squared Capital’s proposed acquisition, moving the transaction into its decisive shareholder approval phase. The vote is scheduled for 2 November, with the board continuing to recommend the deal subject to key conditions.