Latest Settlements News

Energy Action Limited (ASX:EAX) expanded its contracted forward revenue and cash pipeline in FY2026, but the growth was not yet visible in earnings. Revenue was broadly flat while net profit fell 78% and EBITDA declined 27%.

Beam Communications has returned $13.3 million to shareholders after completing the ZOLEO divestment, while its continuing operations moved back into profitability. The turnaround comes with a sharp revenue decline and management warning that FY27 revenue and profit will be lower than FY26.

Dataworks has completed a A$3.0 million placement, issuing 25 million shares at A$0.12 each as it moves to fund working capital, government program delivery and platform development. Shareholders now face the next stage of the raising, with a 1-for-10 entitlement offer opening on 28 September.

DigiCo Infrastructure REIT is using US asset sales to lower leverage and concentrate capital on its Australian data centre pipeline, led by the fully funded 88MW SYD1 project. The strategy comes alongside a $100.8 million statutory loss, higher distributions and FY27 guidance for 15.0 cents per security.

Nimy Resources has paired a maiden gallium resource and encouraging metallurgical recoveries with a sharp warning about funding pressure and an unresolved Lind legal dispute. The explorer ended FY2026 with $3.92 million in cash, but a $4.76 million Lind liability and an auditor-flagged going-concern uncertainty remain central risks.

Lake Resources will issue 67.5 million shares to raise A$3 million for work on its Kachi lithium project in Argentina. The shares are priced at a 4.6% premium to recent trading, although the raise adds another layer of dilution while the project advances toward construction-phase engineering.

Comet Ridge now controls the entire Mahalo Gas Hub after completing its Santos buyout, but the annual report flags a material uncertainty over funding and a potential $28.7 million CleanCo settlement. The company is targeting a final investment decision while remaining pre-production and reliant on further finance.

Titomic has set 30 November 2026 as its current target to complete a proposed move of its parent company from Australia to the United States. The ASX listing would remain, but investors would hold CHESS Depositary Interests in the new US entity if shareholders, the Court and other conditions approve the scheme.

Unico Silver has secured approximately A$60 million from institutional and sophisticated investors, taking pro forma cash to about A$110 million. The capital will fund 20,000 metres of drilling, a maiden PFS due in January 2027 and continued advancement of a DFS through 2027.

Kalgoorlie Gold Mining has opened a fully underwritten 1-for-10 entitlement offer priced at 2 cents a share, targeting about A$1.1 million for exploration and working capital. The offer completes a broader A$3.4 million capital raising, but also increases the company’s share count by up to 10%.

Lowell Resources Fund has secured $3.207 million through its Security Purchase Plan, taking total new units issued across its August capital raising to about 7.5 million. The announcement also contains a material mismatch between the stated placement proceeds and the reported combined fundraising total.

BluGlass has agreed an A$8.0 million R&D-backed loan with Rockford, refinancing its existing Radium facility and adding about A$5.5 million of liquidity. The funding gives the laser developer more room to scale, but carries a 16.5% interest rate and repayment obligations tied to future tax refunds.