Latest Settlements News

Energy Fuels has amended its proposed acquisition of VAC after a customer dispute escalated into arbitration and lender forbearance at VAC’s US magnet plant. The filing also reveals VAC’s six-month net loss of €57.4 million, substantial debt and reliance on shareholder support ahead of the proposed transaction.

Kingfisher Mining will raise $2.25 million through a two-tranche placement to fund drilling and target generation at its Copper Blow copper-gold project and across its Broken Hill portfolio. The deal comes at a 5.6% premium to the company’s 15-day VWAP, but the second tranche and broker options still require shareholder approval.

Finbar has completed its largest-ever apartment development by lot count, issuing titles for the 342-lot Garden Towers project in East Perth and opening the way for settlements. The 50% joint venture is 82% sold, with $210 million in sales recorded to date and revenue recognition expected in H1 FY27.

360 Capital Mortgage REIT has stepped deeper into the recovery of its Bathla exposures, acquiring senior debt over a 72-apartment project while reporting further property sales. The Trust is targeting monthly FY27 distributions of 5.0 cents per unit, but much still depends on settlements and property realisations.

Port of Tauranga is facing three appeals and two judicial review applications against approval for its Stella Passage expansion. The port plans to defend the consent and seek a single expedited High Court hearing, but the filing does not quantify possible delays or costs.

Eureka Group Holdings is reshaping its North Queensland seniors rental portfolio, selling half of two Cairns villages while acquiring half of two Townsville assets. The deal is expected to release approximately $10.4 million for development and debt reduction, but settlement is still pending.

Ryman Healthcare’s retirement village resales reached an eight-quarter high in the second quarter, while aged care occupancy climbed to 94%. The operating update also shows new-sales inventory continuing to decline as the company positions for stronger recurring earnings.

New Zealand Rural Land Company’s 75%-owned partnership has conditionally agreed to sell five Hawke’s Bay orchards for $18.84 million, as uncertainty from the Kiwi Crunch administration continues to cloud FY26 earnings. Completion depends on Overseas Investment Office consent.

Simonds Group delivered a sharp FY26 earnings rebound, with NPAT rising 950% to $10.5 million as revenue, site starts and margins all improved. The annual report also flags a qualified sustainability reporting outcome and a new Western Australian venture that will require execution and cash.

Aspen Group delivered a sharp rise in FY26 earnings and distributions, then lifted its FY27 targets despite a softer residential sales market. The property group is expanding its affordable rental and development platform, but debt and valuation sensitivity are rising with it.

CVC Limited (ASX:CVC) ended FY26 with $87.7 million in cash after a major Laverton sale, debt refinancing and a decision to abandon a $124 million property settlement. The stronger liquidity position came alongside a 541.7% rise in underlying NPAT, although earnings remain dependent on lumpy property realisations and planning approvals.

Lifestyle Communities recorded a sharp slowdown in both new and established home sales in the first quarter, as Victorian downsizers took longer to commit. Net debt fell by $8.4 million, but forthcoming VCAT refund payments will draw on working capital and existing debt facilities.