Latest Funds Management News

Haranga Resources reports progress in its uranium and gold projects in Senegal, securing $500,000 in convertible loan funding to support upcoming drilling programs and exploration activities.

ASF Group Limited reported a $1.58 million cash balance for the December 2024 quarter, highlighting ongoing investments and a director retirement that could influence its strategic direction.

Matsa Resources has secured $3.13 million through a share placement to fast-track mining operations at its Devon Pit Gold Mine, backed by major shareholders and a new sophisticated investor.

Zip Co Limited has posted record-breaking second quarter results for FY25, driven by exceptional holiday trading and robust growth in the US and ANZ markets. The company reported a 24.8% increase in Total Transaction Volume and a 50.2% rise in cash EBTDA.

Janus Henderson Investors has announced an estimated distribution of 22.0378 cents per unit for its Sustainable Credit Active ETF for the period ending 31 January 2025, with key dates set for early February.

Terrain Minerals has reopened its strategic placement to raise an additional $150,000 at a premium price, attracting a specialist micro-cap fund and reinforcing confidence in its gallium and base metals projects.

K2 Asset Management has appointed longtime executive Hollie Wight as CEO, signaling a strategic push towards sustained profitability and diversified revenue growth in 2025.

K2 Asset Management Holdings Ltd has won a significant new investment mandate worth approximately A$242 million, expected to increase its revenue by around 15%, reinforcing its strategic growth trajectory.

Auking Mining Limited reported a challenging quarter ending December 31, 2024, with significant cash outflows and a critical need for new capital to sustain exploration activities in Tanzania and Cloncurry.

DomaCom Limited reported a steep $4.5 million loss for the half-year ending December 2023, driven by declining revenues and operational hurdles, including a temporary suspension of its fund's Product Disclosure Statement. The company is actively pursuing capital raises to stabilize its position.

Metrics Real Estate Multi-Strategy Fund has announced an estimated ordinary dividend of AUD 0.0096 per security, with key dates set for late January and early February 2025. The dividend is unfranked and relates to the financial period ending January 31, 2025.

Clime Investment Management has reported a return to profitability in the December half, proposing an interim dividend and unveiling strategic initiatives to drive future growth.