Latest Debt Repayment News

F.F.I. Holdings has corrected its earlier statement, confirming its $11 million entitlement offer at $3.50 per share is not underwritten. The offer aims to fund property development and debt reduction, with directors backing the raise.

Kingston Resources has agreed to sell its Misima Gold-Silver Project for $95 million, bolstering its balance sheet to accelerate growth at the Mineral Hill gold-copper operation. The transaction positions Kingston to expand production and exploration in the southern Cobar Basin.

OFX Limited reported a resilient FY25 with steady revenue and strong cash flow, while advancing its New Client Platform and strategic market expansion despite economic headwinds.

OFX Group reported a slight revenue decline in FY25 but is doubling down on its New Client Platform rollout to drive future growth and diversify revenue streams.

FFI Holdings Limited has announced a pro-rata non-renounceable entitlement offer priced at $3.50 per share, aiming to raise approximately $11 million to support its food manufacturing growth and property investments. The offer closes on 17 June 2025 and is open to eligible shareholders in Australia and New Zealand.

FFI Holdings has announced a $11 million non-renounceable entitlement offer priced at $3.50 per share, representing a notable discount to recent trading levels. The capital raise aims to fund property development and reduce debt, with directors backing the move by fully participating.

Kingston Resources has agreed to sell its Misima Gold Project to Ok Tedi Mining for $95 million, strengthening its balance sheet and enabling a strategic pivot towards expanding its Mineral Hill copper and gold operations.

Hastings Technology Metals has entered a binding agreement with Wyloo to form a 60:40 joint venture on the Yangibana Rare Earths and Niobium Project, with Wyloo taking the lead on funding and management. This partnership aims to de-risk project development and accelerate progress toward final investment decision.

Norwood Systems has successfully completed a $500,000 oversubscribed placement, positioning itself for accelerated growth and strategic debt reduction. The funds will support market expansion, product innovation, and operational improvements.

Tasman Resources Ltd has announced a renounceable pro-rata rights issue aiming to raise up to $3.68 million to finance exploration drilling at its Parkinson Dam project and reduce shareholder debt. Major shareholders plan to fully subscribe, using loan repayments to offset their entitlements.

NEXION Group has entered a non-binding agreement to sell its Perth data centre subsidiary to Canadian firm Carrier Connect Data Solutions for AUD 2.5 million, aiming to strengthen its balance sheet.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.