Latest Financial Position News

Alliance Aviation Services has agreed to sell twelve General Electric CF34-10 engines to Beautech Power Systems for approximately USD40.2 million, aiming to reduce inventory and cut net debt without affecting profit guidance.

American West Metals has completed a A$14 million funding round, including a share purchase plan, to accelerate exploration and feasibility studies at its Storm Project. The company is now fully funded to pursue drilling programs targeting copper resources and new discoveries.

Alliance Nickel has strengthened its financial footing with an additional $1.2 million in unsecured loans and extended existing $4 million facilities to mid-2026, underscoring lender confidence as it advances its NiWest project.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.

Greatland Resources Limited is set to list on the ASX following a corporate reorganisation, showcasing robust production at its Telfer gold-copper mine and advancing development at the Havieron project.

Great Boulder Resources has raised $12.5 million through a placement to institutional investors, positioning the company to fast-track exploration and resource expansion at its flagship Side Well Gold Project.

Microba Life Sciences Limited has had its trading suspension lifted following a capital raising announcement, signaling renewed market activity for the healthcare company.

Alligator Energy has raised A$17.25 million through a strongly supported placement to institutional investors, positioning the company to advance key development stages at its Samphire Uranium Project. The funds will underpin exploration, feasibility studies, and the upcoming Field Recovery Trial.

Universal Biosensors has requested a voluntary suspension of its shares on the ASX, pending details of a proposed capital raising. The suspension is expected to last until the end of June or until the announcement is made.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Orion Minerals has obtained a $0.5 million unsecured loan facility from a company linked to its chairman, aimed at bolstering working capital ahead of potential funding events.

Alcidion Group Limited has upgraded its full-year EBITDA guidance for FY25, now expecting earnings to exceed $4.5 million, driven by contract expansions, cost discipline, and favorable currency effects.