Latest Payments News

Beam Communications has received the second draft valuation report for its Zoleo Inc. joint venture, setting the stage for significant payments from partner Roadpost Inc. later this year.

Polymetals Resources has halved its US$20 million debt facility and raised A$15 million in equity to support the Endeavor Mine's transition to steady production.

Cobram Estate Olives has reported a record 2025 Australian olive harvest with a 10.2% increase in production and forecasts a strong FY2025 EBITDA of $115 million. The company also announces strategic moves including a CEO relocation to the US and acquisition of farming machinery business Leda Ag.

Senetas reports FY2025 sales slightly below last year amid partner integration delays, while progressing with the Votiro business sale and maintaining strong cash reserves.

Creditors of Mosaic Brands Limited and its associated companies have resolved to place the group into liquidation, marking a significant development in the retailer’s ongoing financial distress.

Enlitic has completed its $10 million capital raise, triggering a $2 million advance payment from GE HealthCare and cementing a strategic collaboration with significant revenue potential.

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

Leo Lithium has received the final US$177.6 million payment from the sale of its Goulamina stake and is advancing lithium-focused acquisitions, with a potential deal announcement expected soon.

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

US Masters Residential Property Group has announced a special distribution of 10 cents per stapled security, payable in early August 2025. Investors should note key dates for eligibility and payment.

Many Peaks Minerals has secured a binding joint venture to expand its Ferké Gold Project in Côte d’Ivoire, increasing its landholding by 125% and committing up to USD 2 million to earn an 80% stake.