Latest Seek News

Investor Centre is pursuing a restructuring and potential ASX reinstatement after Pulse Markets lost its financial services licence, while the group reported $35,000 in cash and $3.213 million of drawn debt at 30 September. The company says a new Lake Volta funding arrangement could support working capital, but the filing leaves important questions about the facility and the proposed recapitalisation unanswered.

1414 Degrees has completed the acquisition that gives it 100% ownership of the 16 km² Aurora Energy Precinct near Port Augusta. The move simplifies negotiations around a proposed 140 MW battery, staged grid connections and a potential 1 GW AI data centre, but commercial commitments and financing remain outstanding.

SenSen Networks has opened FY27 with record quarterly customer cash receipts of A$5.3 million, 17% annualised recurring revenue growth and positive operating cash flow. The ASX-listed AI enforcement software company also secured A$2.6 million in new and expansion contracts, although converting those wins into recurring revenue remains the next test.

Sarytogan Graphite’s upstream DFS supports a 50,000-tonne-a-year Kazakhstan graphite operation with a pre-tax NPV8 of US$132.7 million, but the company remains unfunded and without binding offtake. Trading in its shares has also been suspended while it seeks Western Australian court orders over an inadvertently unlodged options prospectus.

Findi says it has not secured financing or restructuring terms acceptable to the relevant parties, while its cash runway remains short and its ASX suspension continues. The company cannot provide a date for lodging its FY2026 audited accounts or Annual Report.

SEEK has reset the economics of its Growth Fund’s second five-year phase, targeting at least $840 million in investor liquidity and approximately $700 million for itself. The plan reduces fees, separates core from non-core assets and ends further capital contributions from SEEK, but distributions remain dependent on asset sales and market conditions.

Ingenia Communities has granted Warburg Pincus comprehensive due diligence access as the parties work towards a process deed for the proposed $5.25-per-stapled-security takeover. The proposal remains non-binding, while Ingenia continues to progress its separate Peet transaction.

Ovanti sharply reduced its quarterly operating cash outflow to A$491,096, helped by higher customer receipts and cost reductions. But with only A$227,000 in cash, the ASX-listed fintech remains dependent on further funding, operating receipts and uncertain legal recoveries.

CuFe is seeking to take full ownership of its Tennant Creek copper-gold-bismuth project by issuing 1.6 billion shares to the holders of the remaining 45% interest. The deal could simplify development decisions, but would also leave Gold Valley and its associates with about 53% of CuFe if completed.

Aeris Environmental has secured $1.5 million from two sophisticated investors to accelerate its Syncromesh building intelligence platform, while issuing a further 2.05 million shares for advisory services. The capital arrives as the company seeks to turn its smart-building technology pipeline into recurring revenue.

Critical Resources has secured exclusivity to acquire 90% of a 29 km² Suriname exploration project just 4 km from Zijin’s producing Rosebel mine. The strategic land position expands the company’s prospective Suriname portfolio, but the project has no reported exploration results, resources or reserves.

Kiwi Property has launched a seven-year senior secured green bond offer of up to NZ$200 million, with a minimum interest rate of 5.55% and an expected BBB+ issue rating. The final margin, interest rate and accepted amount will be set after a bookbuild on 23 October.