Lionheart roars: Vulcan secures €879 million in project funding
[ad_1] vulcan energy (ASX:VUL) has signed a conditional debt commitment letter of €879 million (approximately A$1.45 billion) to fund the first phase of the Lionheart project. The agreement is supported by Export Finance Australia (EFA) and a syndicate of seven…
Mineral Resources completes $780 million gas sale to Hancock Prospecting
[ad_1] mineral resources (ASX:MIN) has completed the sale of a 100% interest in exploration permits 368 and 426 to Hancock Prospecting for a down payment of $780 million. In addition to the sale, Mineral Resources and Hancock Prospecting have agreed…
Fund 9 payday: $310 million deal with Ares on Omnistrike
[ad_1] Omni Bridgeway (ASX:OBL) has entered into a framework agreement with Ares Management (NYSE: ARES) to establish a “continuation fund” (essentially a repackage of the old fund) called “Fund 9.” The new fund is valued at approximately $600 million. As…
Chain reaction: Karoon Energy halts production at Bauna due to anchor failure
[ad_1] Oil and Gas Producer Karoon Energy (ASX:KAR) Production at the Bauna oil field off the coast of Brazil has been suspended. This comes after two anchor chains on the floating production storage and offloading (FPSO) ship Cidade de Itajai…
Alpha HPA secures $400 million for world’s largest HPA plant
[ad_1] Alpha HPA (ASX:A4N) has reached agreement completion on a $400 million debt financing package to support stage two of the HPA First project in Gladstone, Queensland. The funding is structured as a recourse project finance transaction and is jointly…
Westpac CFO Michael Rowland to retire in 2025
[ad_1] waist pack (ASX:WBC) announced that Chief Financial Officer Michael Rowland will retire in 2025. Mr. Rowland has been working at the bank since 2020. CEO Anthony Miller praised Rowland’s contribution and highlighted his role in strengthening Westpac’s capital base…
Larbot reports high-grade gold and antimony hits
[ad_1] Larbot resources (ASX:LRV) has reported the final results of its reverse circulation drilling program at the Clarks Gully deposit, part of the company’s Hillgrove gold-antimony project in New South Wales. This result indicates that high-grade intercepts are discovered beyond…
Vysarn secures Sydney water contract
[ad_1] visan (ASX:VYS) has completed the acquisition of CMP Consulting Group, effective December 1, 2024. This completion follows a stock sale agreement that was first announced on September 13, 2024. CMP Consulting Group is an engineering firm specializing in the…
Murray Cod lands $43 million in funding and fresh real estate
[ad_1] murray cod australia (ASX:MCA) has secured a $43 million loan from Westpac to complete the purchase of property adjacent to the Bilbul site near Griffith, New South Wales. The financing package includes a $30 million term loan, a $10…
PYC Therapeutics names fourth clinical drug candidate
[ad_1] PYC Therapeutics (ASX:PYC) has named its fourth clinical drug candidate, PYC-002, targeting Phelan-McDermid syndrome (PMS), a rare neurodevelopmental disorder for which there are currently no treatment options. The Perth-based biotechnology company is progressing PYC-002 through the investigational new drug…