Latest Lending News

360 Capital Mortgage REIT (ASX – TCF) has announced a non-renounceable 1-for-1 entitlement offer to raise approximately $45.2 million, aiming to expand its senior loan investments secured by Australian real estate. The offer includes an oversubscription facility and a shortfall offer targeting wholesale and institutional investors.

Spenda Limited announces the resignation of CEO Adrian Floate due to health concerns, appointing COO Corrie Hassan as interim CEO and welcoming Francis DeSouza to the Board. The company aims to maintain momentum following a record revenue year.

American West Metals has confirmed multiple large-scale copper exploration targets at its Storm Copper Project in Nunavut, Canada, following the final results of an advanced geophysical survey. These findings bolster the project's potential amid a tightening global copper supply.

The Federal Court has dismissed most ASIC claims against Money3 Loans, a Solvar subsidiary, affirming its compliance with responsible lending standards while identifying limited breaches in a handful of consumer loans.

Rewardle Holdings reported a modest revenue increase for FY25 but saw its loss more than double, driven by investments in AI-powered MedTech associate CloudHolter and expanded platform initiatives.

QuickFee Limited has divested its US Pay Now payments business for US$26.35 million while keeping its US Finance operations and loan book, withdrawing FY26 earnings guidance amid ongoing tax and transaction cost assessments.

Robex Resources has amended its $130 million facility with Sprott, enabling access to $90 million without immediate permit approvals, accelerating development of its Kiniéro Gold Project in Guinea.

Flynn Gold has discovered a new high-grade gold vein at its Grenadier Prospect in Northeast Tasmania, marking a significant expansion of the Golden Ridge Project’s mineralised system. A maiden drilling program has been completed, with assay results eagerly awaited.

Accelerate Resources Limited has reported encouraging maiden drilling results at its Kanowna East Gold Project near Kalgoorlie, revealing significant gold mineralisation under cover and validating its exploration model.

SPC Global Holdings has transitioned its senior lending from Scottish Pacific to Commonwealth Bank, securing $134 million in debt financing and anticipating $3 million in annual interest savings.

Diablo Resources has extended its Phoenix Copper Project claims in Utah, targeting high-grade copper mineralisation along a key fault zone, as the US moves to classify copper as a critical mineral. The company’s maiden drilling program is underway with results expected soon.

Osteopore Limited has established OsteoRx, a new special purpose vehicle, with an initial AUD 0.5 million investment to accelerate breakthroughs in cellular regenerative medicine. This strategic move integrates a controlling stake in US-based RxCell Inc, expanding Osteopore’s footprint in the fast-growing stem cell market.