Latest It Distribution News

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.

Memphasys has upgraded its contract with ITL to A$390,000 and expanded its territory to include Turkey, marking its first contracted revenues in the EU ahead of expected CE Mark approval.

The XRG Consortium has withdrawn its indicative proposal to acquire Santos Limited, highlighting unresolved regulatory and risk allocation issues. Santos remains confident in its growth strategy, driven by key projects set to boost production and shareholder returns.

Smartpay Holdings Limited shareholders are set to vote on a proposed NZ$1.20 per share cash acquisition by Shift4 Holdings Limited, with the Board unanimously recommending the deal. The scheme offers a significant premium amid regulatory and competitive challenges.

Revolution Private Credit Income Trust has released comprehensive rules for its Distribution Reinvestment Plan, outlining how investors can reinvest distributions into additional units. The plan details eligibility, pricing, and operational procedures, setting the stage for potential shifts in investor participation and capital structure.

Qantas Airways has updated its dividend announcement for the six months ending June 2025, confirming a fully franked total dividend of AUD 0.264 per share with clarified currency payment arrangements for New Zealand shareholders.

National Australia Bank Limited announces a fully franked distribution of AUD 1.1095 per NAB Capital Note 7, reflecting a 4.45% annualised rate for the upcoming quarter.

Adavale Resources has updated its prospectus to reflect a $3.1 million capital raise through share placements and director participation, reinforcing its funding position amid ongoing exploration efforts.

TT Investments has increased its unconditional takeover offer for 360 Capital Group securities to $0.31 per security, marking a best and final bid. Meanwhile, 360 Capital's Independent Board Committee advises securityholders to hold off on any action pending an expert review.

Althea Group Holdings has secured $2.55 million through a share placement to fuel expansion of its Canadian THC beverage manufacturing arm, Peak Processing, as it targets growth in both Canadian and US markets.

EBOS Group Limited has updated its final dividend details for the six months ending June 2025, confirming a fully franked ordinary dividend and specifying the Dividend Reinvestment Plan strike price.