Latest Market News

ALS Limited has updated its Dividend Reinvestment Plan price to AUD 22.93 and confirmed the share allocation date as 3 July 2026 for its interim dividend covering the six months to March 2026.

Schoolblazer Group has consolidated its fragmented debt into a $110 million multi-currency facility with Westpac, providing significant headroom for growth and lowering its cost of debt.

Babylon Pump & Power is steering through a strategic reset with its rental business booming and new funding arrangements in place, aiming to resume trading by August 2026.

Otto Energy has launched a formal process to sell its Gulf of America oil and gas holdings, aiming to unlock shareholder value amid favourable commodity prices. The move includes key assets South Marsh Island 71 and Green Canyon 21, with no set timeline or guarantee of sale completion.

The Supreme Court of New South Wales has approved the scheme of arrangement for SDI Limited’s acquisition by Beijing Guoci’s subsidiary, paving the way for a cash payout and ASX suspension.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

EROAD Limited reported stable FY26 revenue of NZD 195 million amid a $134.7 million North American impairment, unveiling a strategic reset centred on ANZ growth and its expanding electronic Road User Charges platform.

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Clara Resources has secured options over 111 square kilometres of new tenure along the Kingsborough Fault corridor at its Mareeba Gold Project, consolidating a district-scale landholding rich in gold, antimony and tungsten prospects.

Iron Bear Resources has received the fourth tranche of USD 2 million from Vale, advancing the development of its Iron Bear iron ore project in Canada. This latest funding supports critical operational milestones including drilling and the Pre-Feasibility Study.

American West Metals is finalising its Pre-Feasibility Study for the Storm Copper Project in Nunavut, advancing permitting and exploration along a 110km copper belt, backed by secured development funding.

TZ Limited (ASX:TZL) has launched a 1-for-4 non-renounceable entitlement offer priced at 3 cents per share, aiming to raise approximately $2.58 million to reduce debt and fund growth initiatives.