Latest Financial Risk News

CAQ Holdings Limited has resumed trading on the ASX following the release of its annual report and an update on a new debt facility and company restructure.

Redstone Resources has secured $600,000 through a private placement to fund a deep drilling campaign at its West Musgrave Copper Project, aiming to uncover a potentially game-changing copper-nickel deposit beneath the Tollu veins.

Gibb River Diamonds has inked a pivotal mining contract with BML Ventures to kickstart open pit gold mining at its Edjudina Project, aiming for production as early as August 2025.

Great Divide Mining is poised to restart operations at its Challenger Gold Mine in Adelong, NSW, marking a pivotal shift from exploration to production with first gold expected imminently.

Aspen Group has successfully raised $70.18 million through an institutional placement, aiming to reduce debt and pursue new growth opportunities. A Security Purchase Plan is also underway for eligible investors.

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.

Grand Gulf Energy has inked a non-binding MoU with Sage Potash to jointly explore helium and potash resources in Utah’s Paradox Basin, aiming to share costs and infrastructure for a 3D seismic survey and potential drilling.

IODM Limited has secured a new revenue share agreement with Converain targeting Japan’s growing international education market, marking its fourth such deal globally.

AJ Lucas Group has extended and increased its senior debt facility to $50 million, fully repaid its junior loan, and secured a shareholder loan extension with lower interest rates, positioning the company for reduced financing costs and future growth.

Winchester Energy has successfully dismissed all legal claims from Westex Resources over its 2022 Texas farm-in, removing a key project risk.

Macquarie Bank Limited reported an 18% rise in net profit for FY2025, driven by growth in its retail banking segment despite margin pressures, while its commodities business faced subdued markets. The bank maintained strong capital ratios and advanced its risk and technology frameworks amid regulatory scrutiny.

OpenLearning Limited has agreed to convert $2.12 million of debt owed to its largest shareholder, Education Centre of Australia (ECA), into equity at a 25% premium, increasing ECA’s ownership and strengthening the company’s balance sheet.