Latest Liquidity News

Genetic Technologies Limited remains under voluntary administration while progressing a Deed of Company Arrangement and has completed the sale of its geneType business, ending the quarter with $270,000 in cash.

The Star Entertainment Group has locked in a binding refinancing agreement with WhiteHawk Capital Partners, securing US$390 million to refinance existing debt and boost liquidity. This move aims to stabilise the company’s financial footing ahead of key regulatory approvals and asset sales.

Beacon Minerals has completed the sale of its MacPhersons Reward project to Forrestania Resources, receiving $5 million in cash and a substantial equity stake in Forrestania. This deal positions Beacon to sharpen its focus on core assets like the Lady Ida project while maintaining exposure to MacPhersons through its new shareholding.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

Navigator Global Investments has acquired a 4.5% stake in Canadian AI-focused growth equity firm Georgian through a USD 100 million investment, enhancing its exposure to AI-driven private markets.

Bounty Oil & Gas has announced a comprehensive recapitalisation plan including a $4 million capital raise, a 30-for-1 share consolidation, and debt-to-equity conversions aimed at strengthening its balance sheet and funding Queensland oil projects.

Excelsior Capital Limited has announced a further fully franked special dividend of over $10 million amid its ongoing winding up process, alongside key board changes and plans for final capital returns.

DGL Group Limited has replaced its ANZ-led financing with a new $120 million facility from ScotPac, extending maturity and enhancing working capital flexibility amid ongoing management restructuring.

Kjerulf David Hastings Ainsworth has initiated a second unconditional off-market takeover bid for 5.5% of Ainsworth Game Technology shares at a significant premium, aiming to increase his stake and influence in the company.

RLF AgTech has raised $4.5 million through an institutional placement to accelerate its commercial rollout and meet rising demand amid global fertiliser shortages.

Winsome Resources Limited is set to be acquired by Li-FT Power Ltd through a scheme of arrangement, consolidating key lithium assets and creating a dual-listed entity on ASX and TSXV.

Eminence Minerals has completed the divestment of its Alturas Antimony Project to Maxus Mining, receiving cash and shares that bolster its balance sheet while maintaining exposure to antimony.