Latest Shareholders News

Turaco Gold has secured firm commitments for a A$120 million placement to fund its proposed acquisition of Afema’s remaining 20% interest and push the Côte d’Ivoire project towards a definitive feasibility study. The transaction would simplify ownership, but still depends on shareholder approval and further development funding.

IperionX has validated titanium powder capacity above 200 tonnes per annum and lifted quarterly production to 8.7 tonnes, while a new U.S. Army task order funds further manufacturing scale-up. The company ended September with US$63.0 million in cash and US$33.7 million of obligated government funding still available for reimbursement.

CAR Group's Brazilian subsidiary webmotors has agreed to buy a 51% stake in Auto Avaliar for R$543 million, or approximately A$144 million. The acquisition would expand webmotors into digital B2B vehicle valuation and trading, although completion still depends on Brazilian regulatory approvals.

Mesoblast has posted a 44% rise in first-quarter Ryoncil revenue to US$28 million while sharply reducing operating cash use. The biotechnology company also completed treatment in its 350-patient chronic low back pain trial and received FDA confirmation that a heart-failure BLA filing may proceed.

FSA Group has priced a $200 million asset-backed securities transaction, giving the specialist lender another funding milestone as it expands its securitisation program. Settlement is expected in November, although customary conditions precedent still need to be satisfied.

Marquee Resources advanced gold, lithium and antimony exploration during the September quarter, but ended with A$941,468 in cash and an estimated 1.85 quarters of funding. Yindi drilling stopped early in difficult ground, while West Spargoville produced encouraging surface results that now require follow-up work.

Atomo Diagnostics has signed an MOU with Innovation Scientific to develop a fourth-generation HIV rapid test using its Galileo cassette. The project could add a new product to Atomo’s pipeline, but regulatory approval, clinical work and definitive commercial agreements remain outstanding.

Ark Mines’ updated Sandy Mitchell study outlines a 26-year rare earths and heavy minerals operation with a post-tax NPV of A$883 million. The economics are substantial, but depend on refined garnet pricing, uncommitted funding, further approvals and metallurgical work.

Iltani Resources reported 59 substantial silver-equivalent intercepts at its Orient project during a busy September quarter, including several exceptionally high-grade zones. The explorer also completed a $4.6 million placement after quarter-end, giving its next drilling and metallurgical work a stronger funding base, while adding dilution and options to the capital structure.

Cue Energy Resources (ASX:CUE) increased quarterly cash receipts 29% to A$17.5 million and finished September with A$18.1 million in cash. Mahato’s PB-42 well exceeded pre-drill expectations, while Palm Valley’s PV14 entered production and PV15 drilling began, although total production fell from the previous quarter.

BSA Limited (ASX:BSA) suffered a steep first-quarter revenue decline after the nbn contract expired, with underlying EBITDA falling to a $0.6 million loss. The company is now relying on pipeline conversion and the proposed Eonetics acquisition to rebuild its earnings base.

Solis Minerals has completed 2,926 metres of drilling across three projects in Brazil and Peru, with assay results still pending. The explorer is moving into a 5,000-metre Cucho copper programme while holding A$3.97 million in cash, equivalent to about 2.12 quarters of funding at the latest reported operating outflow.