Latest Liquidity News

Mayne Pharma reports mixed early FY26 results with strong prescription growth in Women’s Health and improved Dermatology margins, while strategic reviews and litigation loom.

Champion Iron Limited has launched a $289 million all-cash tender offer to acquire Norway’s Rana Gruber ASA, aiming to strengthen its position in the high-grade iron ore market and advance decarbonization in steelmaking.

Assetora Limited has obtained a Supreme Court injunction restraining external receivers, allowing its directors to maintain control while agreeing on payments to noteholders.

Michael Hill International has successfully refinanced its $90 million debt facility, securing improved margins and extending the term to August 2028 with the addition of Commonwealth Bank as a new lender.

TT Investments, led by Tony Pitt, has initiated an unconditional on-market takeover offer for 360 Capital Group at $0.31 per security, representing a 24% premium to recent trading prices. The bidder already controls over 96% of the group’s securities.

GenusPlus Group has locked in a substantial A$429 million revolving syndicated facility, tripling its previous credit line to fuel expansion in Australia’s power and communications infrastructure sector.

DGL Group Limited has secured an extension of its syndicated debt facility to March 2027 and received a waiver protecting it from default amid its ASX suspension. The company anticipates its securities will be reinstated on the ASX by early 2026 following a half-year audit.

Investor Kjerulf Ainsworth has initiated an unconditional off-market proportional takeover bid for 2.9% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and liquidity option.

Burgundy Diamond Mines' subsidiary Arctic Canadian Diamond Company has secured a C$115 million senior secured loan from Canada's LETL facility to support operations amid US tariffs impacting diamond markets. The funding enables continued development and operational restructuring at the Ekati mine.

Sarytogan Graphite Limited updates investors on its $5 million capital raising, highlighting regulatory approval delays but confirming near-term funding to advance its key graphite project.

ASX has suspended Terra Critical Minerals Limited’s T92OA securities from quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Aeris Resources has successfully raised $21.6 million through an oversubscribed Share Purchase Plan, more than doubling its initial $10 million target. The company will issue nearly 48 million new shares to support its working capital needs.