Latest Leverage News

Reef Casino Trust reported stable 2024 financial results with steady distributions, while confidential takeover proposals from two groups are under board review. Operational challenges include rising regulatory costs and inflationary pressures.

GreenHy2 Limited has broadened its renewable energy storage portfolio by integrating graphene-based hybrid supercapacitor batteries, reporting robust FY24 growth and advancing key customer trials.

Auric Mining has raised $6.66 million through a strongly supported placement to fund key acquisitions and boost gold production amid record prices.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.

Streamplay Studio Limited has voluntarily suspended its shares on the ASX pending a significant announcement about a new gaming platform agreement, signaling a potentially pivotal development for the company.

Solvar Limited has taken a strategic step by acquiring a 19.9% stake in Earlypay Limited, aiming to broaden its footprint in the SME finance sector. This move aligns with Solvar’s focus on underserved commercial markets.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Catalyst Metals has raised $150 million through an institutional placement to fund growth projects at its Plutonic Gold Belt and bolster its balance sheet. This capital injection positions the company to expand production and advance exploration without financial strain.

Copper Search Ltd has secured an exclusive six-month option to acquire Rimfire Pacific Mining's Cowal Project tenements, significantly enlarging its Theseus Gold and Copper Project in NSW's Lachlan Fold Belt. The move positions the company to leverage historical data and advanced analytics to validate promising drill targets near established mines.

Australian Vintage outlines a strategic turnaround with innovative product launches and a key acquisition, aiming to reverse declining sales and improve cash flow in FY2026.

BSP Financial Group reported a 17% rise in net profit and a 16% dividend increase for 2024, while advancing key digital and SME banking initiatives across the South Pacific.

Duratec Limited has lowered its FY25 revenue and EBITDA guidance due to project delays and weather disruptions but remains optimistic about a robust pipeline and growth prospects in FY26.