Latest Victoria News

CVC Limited has released a replacement prospectus for its $75 million CVC Notes 3 offer, combining a New Money Offer and a Reinvestment Offer for existing CVCHA holders. The notes aim to support CVC’s capital management and real estate investment strategy.

Adelong Gold’s initial diamond drilling at the Lauriston Gold-Antimony Project has revealed visible gold, validating historic high-grade results and setting the stage for an expanded exploration campaign.

Peet Limited forecasts a robust FY26 with net profit after tax expected between $74 million and $78 million, signaling a 26% to 34% increase over the previous year amid strong market demand and operational momentum.

Astron Limited has received a pivotal Australian Taxation Office Class Ruling confirming capital gains tax roll-over relief for shareholders following its redomicile from Hong Kong to Australia. This development streamlines the company’s structure and offers potential long-term benefits to investors.

Li-S Energy has won a $7.8 million ARENA grant to accelerate development of a lithium-sulfur battery manufacturing facility in Australia, aiming to boost production capacity from 2 MWh to 1 GWh annually.

Southern Cross Gold Consolidated Ltd has reported exceptional high-grade drill results from its Golden Dyke prospect, confirming a robust gold-antimony system within the Sunday Creek Project. The standout intercept includes 9.2 meters at 34.6 g/t gold equivalent, highlighting significant resource expansion potential.

Bubalus Resources has completed maiden drilling at its Crosbie North and South gold projects, submitting core samples for assay with results expected in December. The company also secured a drill rig for Avon Plains and extended its Syndicate Minerals option agreement to 2026.

3D Energi Limited has successfully intersected two gas-bearing reservoirs at its Essington-1 exploration well offshore Victoria, with wireline logs confirming moveable hydrocarbons consistent with pre-drill expectations. Upcoming formation testing will determine the commercial potential of these discoveries.

Cann Group Limited reminds eligible shareholders that its Share Purchase Plan (SPP) closes today, offering new shares at a discount plus free attaching options, pending shareholder approval.

Elders Limited reported a robust FY25 with a 12% rise in underlying EBIT to $143.5 million, driven by strong livestock prices and real estate growth despite challenging seasonal conditions. The acquisition of Delta Agribusiness and ongoing systems modernization underpin the company’s diversified growth strategy.

Elders Limited reported a robust FY25 with a 12% rise in underlying EBIT to $143.5 million and declared a fully franked final dividend of 18 cents per share. The agribusiness is optimistic about FY26, buoyed by strategic acquisitions and a new divisional model.

White Cliff Minerals has significantly expanded the Danvers 1 copper mineralisation footprint at its Rae Copper Project in Nunavut, Canada, more than doubling strike length and confirming mineralisation beyond 400 metres depth. This milestone sets the stage for a maiden JORC resource in 2026 and highlights promising regional exploration potential.