Latest Settlements News

Kaoko Metals secures $20 million from institutional investors to ramp up diamond drilling and exploration across its Namibian copper-silver and gold-copper-tungsten projects.

Central Asia Metals shareholders have greenlit the allotment of new shares to fund their acquisition of Cygnus Metals, marking a pivotal step in the takeover process. Bell Potter joins Morgans to help Cygnus shareholders navigate CREST accounts for trading post-scheme.

Noronex Limited has exercised its option to acquire Alaskan Critical Minerals, unlocking ownership of the Sleitat Tin Project in Alaska. The company secured an ASX waiver allowing milestone-based share issuance beyond the usual timeframe, tying payments to resource milestones and a decision to mine.

Clara Resources is set to kick off a maiden drilling campaign at its Mareeba Gold Project, marking the first drilling activity since the late 1980s. The program, fully funded by a $1.165 million placement, targets historic high-grade gold zones and aims to establish a maiden JORC Mineral Resource.

Mount Ridley Mines has secured an oversubscribed $2 million placement at $0.033 per share to fast-track technical work at its Grass Patch Project and advance the Selectro™ Process. Directors plan to add $100,000 more, pending shareholder approval.

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.

Ingenia Communities Group has secured unconditional contracts to sell six New South Wales communities, releasing $124 million in capital that will be deployed into higher-growth projects and debt reduction.

Merino & Co. Limited has secured $1.01 million through a placement of 10.1 million shares at a slight premium, aiming to fund its new lifestyle sub-brand YÙE and the innovative YÙE+U botanical dye initiative.

Argosy Minerals has raised $3 million through a placement at a 19% discount, with an additional $500,000 sought via a Share Purchase Plan to fund its 12ktpa Rincon Lithium Project development.

Corporate Travel Management (ASX:CTD) posted a $17.7 million profit for FY26, reversing a $348.5 million loss the previous year, driven by stronger earnings in ANZ and Europe and progress on UK customer settlements.

Yowie Group Limited cut its net loss to US$0.20 million in FY26 despite a 27.1% drop in revenue, driven by cost cuts, loan impairment reversals, and new product launches including the Yowie x NBA series.

Nexalis Therapeutics reports a 52% rise in half-year losses to $1.3 million amid funding facility cancellation and clinical trial suspensions, highlighting ongoing cash flow challenges.