Latest Options News

Temple & Webster is reshaping its leadership with co-founder Mark Coulter stepping down as CEO to become Executive Chair, while former executive Susie Sugden returns to helm the company from July 2026.

Scentre Group has initiated a tender offer to buy back its US$1.312 billion Non-Call 2030 Subordinated Notes, aiming to reshape its capital structure by using existing senior bank facilities for financing.

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.

Core Lithium has greenlit the restart of its Finniss Lithium Project with a fully funded A$290 million package, initiating mining activities and targeting spodumene concentrate production by September 2026.

Iron Road Ltd faces headwinds in securing partners for its Central Eyre Iron Project amid market and energy volatility, delays drilling at Mulgathing due to flooding, but reports promising heavy mineral sands results and evolving land option dynamics at Cape Hardy.

OFX Group has almost completed migrating its corporate clients to a new platform, driving a 177% jump in non-FX revenue despite a quarterly dip in overall income. The company targets a return to growth in FY27 amid ongoing strategic review.

American Uranium Ltd (ASX:AMU) has initiated a non-renounceable entitlement issue to raise approximately AUD 2.59 million, primarily to advance exploration and development at its Lo Herma uranium project in Wyoming.

Yandal Resources has commissioned a new exploration camp enabling a large-scale drilling campaign at its Ironstone Well-Barwidgee Gold Project. Recent results confirm a continuous mineralised system at Arrakis and high-grade gold at New England Granite, underpinning an ambitious 30,000m program for H1 2026.

Elixir Energy has completed its Lorelle-3/3H appraisal well with exceptional gas-condensate pay and the longest lateral drilled in the Taroom Trough. The company enters production testing phase fully funded with $22.3 million liquidity and a $10 million R&D-backed debt facility.

Helix Resources (ASX:HLX) is set to consolidate its securities on a 1-for-35 basis, dramatically reducing the number of shares, options, and performance rights on issue. The move aims to streamline the capital structure ahead of upcoming exploration milestones.

LinQ Minerals has delivered robust drilling results at its Gilmore Gold-Copper Project, including standout intersections at Gidginbung and Mandamah, while securing $15.4 million to accelerate exploration efforts.

Arrow Minerals Limited continues to hold its Guinea operations in suspension as it awaits formal government clarification on the status of key exploration tenements, with no new fieldwork conducted and cash reserves tightly managed.