Latest Loan Facilities News

Austral Resources has finalized key agreements with Glencore, including tolling, loan, and offtake contracts, paving the way for its acquisition of the Rocklands copper project and expanding its footprint in Queensland.

Norwood Systems has refinanced its remaining Balmain loan with a new short-term unsecured facility, eliminating default interest risks and setting clear repayment dates.

Novomatic AG has launched an unconditional $1.00 per share cash offer to acquire all remaining shares of Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement trading prices. The offer runs alongside a terminated scheme of arrangement and comes with unanimous board backing.

Norwood Systems has extended its loan repayment deadline to early September 2025, maintaining favorable terms with Balmain Resources. This ongoing financial support has been pivotal in securing key contracts and driving growth.

Austral Gold has obtained a $1 million short-term loan to support working capital as its Casposo processing plant nears commissioning after major refurbishments.

Mayfield Childcare Limited reported a modest underlying EBITDA loss for the first half of 2025 amid occupancy challenges and acquisition underperformance. The company’s operational overhaul and targeted investments signal a cautious but hopeful recovery trajectory.

Pro-Pac Packaging is progressing a strategic review involving potential asset sales and liquidity support, with ASX trading suspension imminent pending financial disclosures.

Botanix Pharmaceuticals posted a sharp revenue increase driven by its new hyperhidrosis treatment Sofdra, yet reported a substantial net loss reflecting heavy investment in commercialisation. The company’s strong cash position underpins its path to profitability.

OpenLearning Limited reported a 30% revenue increase for the half-year to June 2025, driven by expanded AI-powered LMS adoption and multi-year contracts in the Philippines, while working towards break-even despite a wider loss.

Norwood Systems reported a 66.5% revenue increase to $1.9 million in FY2025, driven by a landmark five-year contract with Singtel Optus and expanding services in New Zealand. The company also narrowed its net loss by 77%, signaling improved operational momentum.

Oldfields Holdings Limited reported a reduced net loss of $3.6 million for FY2025, improving from $7.3 million the previous year, despite ongoing working capital constraints and a costly product recall. The company is actively pursuing capital investment to replenish inventory and support recovery.

Wellnex Life Limited reported a strong 40% revenue increase in FY25 driven by its Pain Away brand, yet posted a wider loss due to one-off costs and finance expenses. The company’s balance sheet strengthened following a dual AIM listing and debt settlements.