Latest Finance News

IPD Group has acquired Platinum Cables Pty Ltd for $37.5 million, enhancing its mining sector footprint and delivering an 11.5% EPS accretion in FY25 pro forma. The deal positions IPD for expanded cross-selling and deeper customer ties with Australia's largest miners.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.

Suzerain Investment Holdings has declared its takeover bid for Entertainment Rewards unconditional, now holding nearly 97% of shares. The offer remains open until the end of December, setting the stage for potential full ownership.

JAYRIDE Group has amended its quarterly cash flow report to correct classification errors, while outlining plans for a new SaaS platform rollout and potential capital raising to support operations.

Antilles Gold has received an interim distribution of A$3.25 million from the liquidation of a former subsidiary, directing these funds to support construction of its Nueva Sabana copper-gold mine in Cuba.

Big River Industries has successfully completed a $10 million entitlement offer, oversubscribed by shareholders, to partly fund its acquisition of Johns Building Supplies in Western Australia.

Kingsgate Consolidated has secured a US$25 million standby loan facility with Nebari, significantly reducing its debt and improving financing terms. This move marks a major step in the company’s de-gearing strategy while maintaining funding flexibility.

Celsius Resources has postponed the final Feasibility Study for its Maalinao-Caigutan-Biyog Copper-Gold Project to January 2026, while engaging a top financial advisory firm to secure project financing amid strong international interest.

St Barbara has received a significant A$32 million deposit from Lingbao Gold Group, marking a key milestone in their strategic partnership to co-own the Simberi Gold Project. This deposit moves the companies closer to finalising a transformative A$370 million investment.

Global Uranium and Enrichment Limited has dispatched its Scheme Booklet to shareholders, marking a key step in Snow Lake Resources’ proposed acquisition. Shareholder and optionholder meetings are set for late January 2026 to vote on the transaction.

Lifestyle Communities has restructured its debt with $425 million in new long-term facilities, simplifying its financing and resetting key covenants to support growth amid Victoria’s property market recovery.

360 Capital Group (ASX, TGP) has received an unconditional on-market takeover bid from TT Investments at $0.31 per stapled security. The Independent Board Committee unanimously recommends acceptance, supported by an Independent Expert's fair and reasonable opinion.