Latest Funds From Operations News

Core Lithium has significantly increased its Ore Reserves at the Finniss Lithium Project by 42%, secured $54.3 million in fresh capital, and cleared all offtake obligations to advance its restart plans.

NSX Limited shareholders overwhelmingly approved a scheme of arrangement for acquisition by 1001290557 Ontario Inc., a related entity of the Canadian Stock Exchange operator CNSX Markets Inc. The deal, valued at four cents per fully paid share, now awaits Federal Court approval to proceed.

LDR Assets, led by the Lederer Family Office, updates its $0.70 per security takeover offer for Elanor Commercial Property Fund, highlighting management concerns and urging investors to accept before the 13 October deadline.

Premier1 Lithium Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.84 million, alongside plans to rebrand as Erebus Resources Limited pending shareholder approval. The capital raise is partially underwritten and aims to fund exploration at key projects and support general working capital.

ASIC has initiated civil proceedings against Fiducian’s subsidiary, alleging misleading statements and compliance failures related to a now-closed investment fund. Fiducian is cooperating but remains tight-lipped as the case unfolds.

Dexus Industria REIT has acquired two fully leased industrial warehouses in Melbourne’s Dandenong South for $47.5 million, reinforcing its strategic focus on industrial assets and maintaining its FY26 financial guidance.

Uscom Limited has struck a deal to sell its entire business to Singapore-based AXO Medtech VCC for $2.59 million, aiming to unlock capital for growth under new ownership. Shareholder approval is the next critical step before the transaction can proceed.

Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.

MC Mining’s FY2025 results reveal a sharp increase in losses driven by impairments and lower coal sales, while a strategic investment by Kinetic Development Group advances its flagship Makhado Project.

Finder Energy has secured a pivotal funding boost as TIMOR GAP increases its stake in the KTJ Project, accelerating the path to final investment decision by mid-2026. This farmin agreement significantly de-risks the project and aligns with Timor-Leste’s strategic development goals.

La Trobe Financial confirms the resolution of regulatory issues as ASIC lifts the Interim Stop Order on its 12 Month Term Account, restoring investor confidence.

MetalsTech Limited has completed a significant off-market block trade involving 4 million shares worth nearly $2 million, signaling notable shifts among its substantial shareholders.