🕒 Friday 23 October 2026 Fri, 23 Oct 2026

Saluda Medical delivered 28% FY26 revenue growth and expanded its spinal cord stimulation opportunity with CAP24, but its annual report warns that additional capital may be needed within 12 months. The ASX-listed medical device company also begins FY27 under new CEO Michael Mathias.

Geopacific Resources has secured access to $8 million from major shareholder Deutsche Balaton AG through four unsecured bonds, giving the Woodlark development team funding as it works towards a Final Investment Decision. The facility is flexible, but carries a 15% annual interest rate and matures in June 2027.

Kinatico has started FY27 with SaaS revenue up 17.8% and cash 21.8% higher, while its expanded compliance platform moves into production with Civeo and new customers. The company is also pursuing an exclusive childcare partnership with OWNA, but the commercial terms remain undisclosed.

Kiwi Property has closed a NZ$200 million seven-year green bond offer after attracting NZ$395 million of demand from retail and institutional investors. The bonds carry a 1.20% margin and are expected to receive an issue rating of BBB+ from S&P Global Ratings.

AML3D has carried $16.8 million of orders into FY27, with its US defence expansion driving a sales pipeline above $80 million. Customer receipts rose 19% in the September quarter, while the company retained $24.42 million in cash to fund capacity expansion.

Steadfast Group’s proposed takeover has cleared a key procedural hurdle, with the Supreme Court of New South Wales approving the shareholder meeting and distribution of the Scheme Booklet. An independent expert says the deal is in shareholders’ best interests in the absence of a superior proposal.

Lithium Universe’s CEO and chief technical officer will leave on 30 October, prompting a search for a new chief executive while the company advances its lithium refining and recycling plans. No interim CEO or successor has been announced.

Kinetiko Energy has moved its Brakfontein project closer to production, adopting a Phase 1 development plan and advancing permitting and CNG engineering. The progress comes with only 1.54 quarters of funding available, leaving the company reliant on pending capital and project payments.

Reef Casino Trust’s independent directors have unanimously recommended Iris Capital’s $4.67-per-unit takeover offer, supported by an expert valuation that puts the bid above RCT’s assessed control value. Iris already held a 96.33% relevant interest as at 21 October, leaving the offer just below the stated compulsory acquisition threshold.

Bass Oil’s September-quarter production rose 21% to 23,944 barrels after Bunian 6 came online, while sales revenue reached A$2.82 million. Cash fell to A$2.07 million as drilling and development spending continued, leaving the company with an estimated two quarters of funding under its Appendix 5B calculation.

Reedy Lagoon has issued 1.44 billion shares at $0.00125 each, completing the shareholder-approved placement and injecting approximately $1.8 million before costs. The Section 708A notice clears the shares for trading without further disclosure, but the filing leaves the enlarged capital structure and use of funds unstated.

Identitii has lodged a prospectus for up to 4.435 million free options, designed to give shareholders a way to partly offset dilution from its convertible note funding. The offer costs nothing upfront, but the options are unquoted, time-limited and sit alongside a funding package that still has $2.4 million to be received.

Australian Silica Quartz Group has completed a 200-tonne bulk sample at White Swan and is preparing 50 tonnes for shipment to prospective Chinese customers. The customer program is advancing, but ASQ held $912,000 in cash at quarter-end and estimated only 1.7 quarters of funding without proceeds from a Bindoon property sale.

Challenger Gold has completed the first US$15 million tranche of its convertible debenture raise, giving the Hualilan development a near-term funding base. A further US$15.3 million is agreed in principle, but part of it remains subject to shareholder and potentially ASX approval.

European Metals has given in-principle approval to replace Cinovec’s two gas-fired rotary kilns with a single kiln that can run on gas or electricity. Testwork indicates comparable or improved lithium recovery at lower temperatures, with expected reductions in processing-plant capital and operating costs.

Gold Hydrogen has secured up to $2 million against its verified FY2026 R&D claim and can seek a further $4 million against FY2027 expenditure. The funding gives the explorer near-term support for well-testing analysis and commercialisation studies, but carries a 16.5% annual interest rate and security over its R&D claims.

Orpheus Uranium has begun maiden drilling at its Frome Project while expanding its Marree landholding and raising $4.25 million to fund exploration. The quarter ended with $7.45 million in cash and liquid investments, but the company is still awaiting results and several transaction milestones.

dorsaVi has commercially launched its first wearable capable of analysing movement and delivering feedback directly on-device, while its RRAM chip program moves into fabrication and testing. The progress comes alongside a post-quarter A$3.0 million capital raising, against quarter-end cash of $1.12 million and operating cash outflow of about $996,000.

Carnegie Clean Energy has moved its flagship CETO wave-energy project towards offshore deployment in Spain, but the technology developer ended 2026 with a wider loss, $996,347 in cash and a material uncertainty over its ability to continue as a going concern.

Botala Energy has secured A$1.35 million in a targeted placement to fund flow testing at its Serowe coal bed methane project, reserves certification and the final Phase 2 feasibility study. The raise also provides near-term funding while a proposed A$3.6 million investment from Botswana’s MDCB remains subject to commercial agreements.

Centaurus Metals has identified more than 20 drill-ready copper-gold targets across its expanded 75km² Boi Novo Project in Brazil. The pipeline includes eight priority prospects at Rio Novo and 13 additional targets at the original Boi Novo tenure, but the results remain an exploration story rather than a new discovery or resource estimate.

Australasian Metals is moving toward a December decision on its proposed Côte d’Ivoire expansion, with Atex auger drilling expected to begin in November. The explorer ended September with approximately $3 million in cash and no debt after a $1.05 million placement.

Orbital Corporation has secured its first Power by the Hour agreement, converting its propulsion relationship with American Aerospace Technologies into a recurring service contract worth US$2.6 million through December 2027. The deal covers an AiRanger fleet growing to 10 unmanned aircraft, although further expansion remains conditional on new contracts.

Beamtree Holdings has paired 10% recurring revenue growth with a $13.1 million non-cash impairment and a year-end debt covenant breach. The ASX-listed healthcare software company is betting that a tighter product portfolio, new leadership and FY27 execution can stabilise the balance sheet.