Latest Square News

Macro Metals has completed its A$1 million acquisition of the Yandi South Iron Ore Project, receiving previously undisclosed geological data that identifies nine additional prospects. Surface samples returned iron grades as high as 66.2%, but drilling is still needed to establish continuity, thickness and depth.

Arrow Minerals is seeking to expand its Pilbara iron ore footprint to more than 1,600 square kilometres through the Turee Creek acquisition and 12 new exploration applications. The land grab comes with historical high-grade results, but all relevant tenure remains pending and no resource has been defined.

Charter Hall Long WALE REIT has maintained its FY27 operating earnings and distribution guidance at 25.5 cents per security after delivering 2% FY26 growth. A cheaper, longer-dated debt platform and a $6.1 billion portfolio give the REIT more financial flexibility, although the outlook still depends on execution and property valuations.

DroneShield has reached A$261 million in FY2026 Committed Revenue, sitting at the midpoint of its existing A$250 million to A$270 million outlook. The counter-drone specialist also has A$29 million committed for FY2027 and A$17 million scheduled for FY2028 and beyond.

Centuria Industrial REIT has agreed almost 25,000 square metres of leases at a 31% year-to-date re-leasing spread, while selling a vacant Queensland asset for $34.25 million at book value. The industrial landlord reaffirmed FY27 earnings and distribution guidance as it advances longer-term data centre and renewable energy opportunities.

Discovery Alaska has secured commitments for a A$900,000 placement and says Boulder Creek is ready for drilling, but its reported cash balance covers only about 2.07 quarters at the latest spending rate. The company is also progressing its proposed Cuddingwarra acquisition, with several key steps still requiring approval or completion.

Dundas Minerals has secured firm commitments for a $2.88 million placement to fund drilling and exploration across its Kalgoorlie and Romano gold projects. Forrestania Resources chairman David Geraghty will invest $750,000 and emerge with a 5.57% stake, while directors have committed a further $235,000 subject to shareholder approval.

Tasman Resources has received South Australian approval for its Parkinson Dam environmental programme, clearing the regulatory path for a 20-hole drilling campaign. The programme now hinges on contractor appointments and a drilling start date, with historical high-grade gold and silver results providing the geological rationale.

Condor Energy has secured formal qualification from Peru’s state oil and gas agency, allowing it to negotiate a proposed exploration and exploitation licence for offshore Block Z-72. The milestone moves the project forward, but it is not a final licence award.

PARKD has secured an exclusive three-year partnership with ASX-listed Symal across Victoria and South Australia, alongside an A$800,000 placement priced at a premium. The deal expands PARKD’s east coast delivery network, although future projects and revenue remain uncommitted.

Macro Metals has secured approximately A$3.28 million through a placement and the proposed conversion of its chairman’s loan, funding drilling across iron ore, copper and gold assets. The raise also completes the acquisition of Yandi South, but much of the capital remains tied to exploration outcomes that are yet to be established.

Ore Resources has added 408.87 square kilometres to its Kal East gold footprint in Western Australia, but all 18 new tenements remain pending. The company plans to begin 3,000-5,000 metres of aircore drilling at Mt Monger in November, subject to heritage clearances.