Latest Security News

GenusPlus is set to transform its business with a $400 million acquisition of MPC Kinetic, diversifying into gas and water sectors and boosting earnings per share by nearly 60%. The deal is backed by a $200 million placement and expanded debt facilities.

Redcastle Resources has secured A$2 million through a discounted share placement aimed at accelerating exploration and advancing its development projects across its Eastern Goldfields portfolio.

Heavy Rare Earths Limited has cleared a key cultural hurdle with the Dieri Aboriginal Corporation, paving the way for a 25-hole maiden drill campaign at its South Ridge tin project in South Australia. The program aims to convert promising historic high-grade intersections into a maiden resource estimate, pending environmental approvals and road repairs after unprecedented rainfall.

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

Operator XR, a subsidiary of xReality Group, has landed its first European deal supplying a VR tactical training system to the Swedish Armed Forces, marking its debut in NATO markets.

Comet Ridge has voluntarily suspended trading of its shares on the ASX pending an update on its acquisition of Santos’ stake in the Mahalo Gas Project. The suspension aims to prevent uninformed trading while discussions continue, with an announcement expected before markets reopen on 21 May 2026.

Prairie Lithium has raised $1.42 million via an At-the-Market equity raise at a slight premium to fund the construction of its first production facility at the Prairie Lithium Brine Project in Saskatchewan.

Core Lithium has kicked off mining at the Grants open pit within its Finniss Lithium Operation, aiming to process ore by September and ship spodumene concentrate by December. This milestone advances the company's production restart on schedule.

49 Metals has secured eight additional patented mining claims at its Gold Mountain Project in Nevada, enhancing operational flexibility and exploration potential without extra expenditure.

88 Energy is gearing up to drill its Augusta-1 exploration well in Alaska’s North Slope, targeting a stacked oil resource estimated at 133.7 million barrels gross unrisked. The company has secured key operational assets and is progressing farm-out talks to share drilling risks ahead of the planned Q1 2027 spud.

Plenti Group Limited (ASX:PLT) has smashed its $3 billion loan portfolio target two months ahead of schedule, delivering a 117% surge in cash profit before tax to $30.8 million for FY26. The fintech lender’s growth was fuelled by record loan originations, robust credit performance, and strategic technology investments.