Latest Security News

Zenith Minerals’ contested Forrestania takeover has drawn another Takeovers Panel application, this time challenging the board’s rejection of Aurenne’s proposed $5 million funding. The applicant alleges the decision was made without properly testing the proposal and involved directors whose performance rights could benefit from the bid proceeding.

FBR has secured the remaining A$1.846 million of its A$4 million capital raising through a subscription with Alpine Capital, giving the robotics developer funding for Mantis testing, Hadrian deployment, debt repayment and working capital. The deal also brings further potential dilution through options and ends the company’s previous underwriting arrangement.

Kalamazoo Resources has secured A$10 million from a Saudi-led strategic investor and existing shareholder YT International at a 29% premium to its last close. The funding gives the Ashburton Gold Project more room to advance drilling, feasibility work and the Xanadu prospect evaluation.

TerraCom’s audited FY2026 results turned a previously reported A$45.6 million loss into a A$155.5 million statutory loss after A$103.5 million of non-cash impairments. The auditor highlighted material uncertainty over the company’s ability to continue as a going concern as Blair Athol remains below plan and new funding is not yet fully secured.

ION Video has issued 7.63 million shares and 3.81 million options under its September placement, with the options exercisable at $1.00 until September 2027. Directors are also seeking approval for a further 3 million shares and 1.5 million options.

Aurum Resources has confirmed that the Boundiali assay information was market-sensitive, while defending the timing and validity of a cleansing notice issued before the results were released. ASX has not indicated whether it accepts the company’s explanation.

88 Energy says multiple bids have been received for a farm-out of its South Prudhoe Project, with negotiations continuing toward a preferred partner. Preparations for the Augusta-1 exploration well are advancing, but the planned Q1 2027 spud still depends on farm-out completion and financing.

Renascor has produced battery-grade purified spherical graphite at demonstration scale, achieving 99.97% carbon purity through its hydrofluoric acid-free process. The result strengthens the commercialisation case, but Siviour graphite trials, customer qualification and project financing are still ahead.

Kingsgate Consolidated has converted a full year of Chatree mining into record financial results, with revenue up 77% and net profit reaching A$277.9 million. The balance sheet is stronger, dividends have returned and Nueva Esperanza is moving towards a feasibility decision, but higher waste movement and project execution now replace the turnaround story.

EcoGraf has completed a A$4.727 million capital raising to support debt financing and development work at its Epanko graphite project in Tanzania. The raise combines a shareholder-backed SPP with a discounted placement to institutional and sophisticated investors.

Stakk has won a minimum two-year agreement to provide AI-powered cheque-processing and fraud-mitigation technology to Step, the US fintech platform owned by MrBeast’s Beast Industries. The contract went live on signing, but its value remains undisclosed because revenue will depend on processing volumes.

PhosCo has paired a non-binding development partnership with a proposed $1.4 million investment from Tunisia’s STUDI International, giving the Gasaat project a local engineering partner as feasibility work approaches. The funding and collaboration remain subject to formal documentation, leaving execution as the next test.