To The Moon

Full story: https://grafa.com/en/news/australia/silver-mines-plans-70m-capital-raise Silver Mines is seeking to raise $70 million through a two-tranche share placement to institutional and sophisticated investors. The placement issue price of $0.145 per share represents a 10.0% discount to the company's 5-day volume weighted average price prior to the offer. Net proceeds will fund the development of the Bowdens Silver Project, royalty acquisitions, US exploration, and general corporate working capital. Silver Mines (ASX:SVL) has launched a two-tranche share placement aiming to raise gross proceeds of $70 million to advance its core development and acquisition targets. The proposed offer price of $0.145 per share reflects a 10.0% discount compared to the stock's five-day volume-weighted ave

Full story: https://grafa.com/en/news/australia/albanese-advocates-global-us-china-ai-cooperation Australian Prime Minister Anthony Albanese called for increased cooperation between the US and China on international artificial intelligence regulation. The push for bilateral cooperation comes ahead of international meetings involving US President Donald Trump and Chinese President Xi Jinping. The Australian government plans to introduce national AI standards by the end of the year to address safety, domestic risks, and intellectual property. Prime Minister Anthony Albanese stated that Australia supports diplomatic cooperation between the US and China to establish safety protocols for artificial intelligence. The call for global alignment follows prior statements from Albanese indicating a d

Full story: https://grafa.com/en/news/australia/tower-secures-nz-970m-reinsurance-cover Tower renews its FY27 reinsurance programme with a catastrophe upper limit of $970 million. Reinsurance premium expenses are projected to fall to 9.5% of Gross Written Premium. The structural update aims to support operating efficiency while expanding catastrophe coverage. Tower (ASX:TWR) completed the renewal of its reinsurance programme for the financial year ending Sept. 30, 2027, raising its catastrophe limit to NZ$970 million. The expanded limit increases catastrophe coverage from $915 million in FY26 while keeping catastrophe event excesses unchanged at NZ$20 million. "Our disciplined approach to risk selection, pricing and portfolio management has helped us secure a strong outcome for our FY27 re

Full story: https://grafa.com/en/news/australia/telix-pharmaceuticals-buys-itm-in-us-1-65b-deal Telix Pharmaceuticals agreed to combine with ITM Isotope Technologies in a transaction valued at US$1.65 billion on a cash-free, debt-free basis. The deal requires Telix to issue approximately US$1.25 billion in equity to ITM shareholders. The merger aims to secure supply chains for therapeutic isotopes and broaden global radiopharmaceutical production. Telix Pharmaceuticals (ASX:TLX) announced a strategic agreement to merge with ITM Isotope Technologies Munich SE in a deal valued at US$1.65 billion on a cash-free, debt-free basis. The transaction represents a major expansion compared to ITM’s US$273 million revenue generated in 2025. Telix Managing Director and Group CEO Dr. Christian Behrenbru

Full story: https://grafa.com/en/news/australia/coalition-proposes-conditional-fuel-excise-reduction-policy The federal Opposition proposed a fuel price shield to halve the fuel excise if crude oil hits US$100 a barrel. The proposal would reduce fuel tax by 27 cents per litre, costing approximately $950 million per month when active. Treasurer Jim Chalmers rejected the policy, calling the proposed intervention uncapped and unfunded. The federal Opposition has unveiled a proposal to halve the fuel excise if crude oil reaches US$100 a barrel over a two-week rolling average. The proposed Fuel Price Shield comes after the federal government previously spent $2.5 billion on a three-month excise cut during the early months of the US-Iran war. “When global events send oil prices through the roof,

Full story: https://grafa.com/en/news/australia/ramelius-resources-forecasts-gold-production-up-to-610koz Ramelius Resources updated its medium-term production outlook to target between 560 and 610 kilo-ounces of annual gold by FY30. The updated growth plan targets an 11% increase over prior plans and up to 205% production growth compared to FY26. Operations will be funded internally and supported by cash, gold, and investment holdings currently exceeding $1 billion. Ramelius Resources (ASX:RMS) updated its medium-term production outlook, forecasting annual gold output to reach between 560 and 610 kilo-ounces by FY30 at an all-in sustaining cost of $2,100 to $2,400 per ounce. The revised production goal represents an 11% increase over the October 2025 plan and up to a 205% increase compare

Full story: https://grafa.com/en/news/australia/perpetual-rejects-eqt-s-22-50-takeover-proposal Perpetual rejected EQT's further revised acquisition proposal. The board determined the cash offer failed to provide full value to investors. Transaction execution risks led to the complete end of engagement with EQT. Perpetual (ASX:PPT) rejected a cash takeover proposal from EQT AB valued at $22.50 per share. The offer matched the same $22.50 price per share submitted by EQT on July 27. "The board has determined that the further revised proposal undervalues Perpetual and is not in the best interests of Perpetual’s shareholders as a whole," said Perpetual Board. The rejected offer also allowed Perpetual to pay a dividend of up to $0.60 per share for the half-year ending Dec. 31. The board stated

Full story: https://grafa.com/en/news/australia/ingenia-communities-rejects-revised-5-05-takeover-bid-from-warburg Ingenia Communities Group has rejected a revised, non-binding takeover proposal from Warburg Pincus at $5.05 per stapled security. Following the rejection, Ingenia shares traded at $4.19 as the board maintained its focus on independent operations. The company rejected the offer to pursue its own strategic direction and long-term growth trajectory. Ingenia Communities Group (ASX:INA) has rejected a revised non-binding takeover offer from Warburg Pincus that priced the company at $5.05 per stapled security. The higher offer followed a previous proposal of $4.75 per stapled security from Warburg Pincus. "The Ingenia board has determined that, despite the terms being improved from

Full story: https://grafa.com/en/news/australia/dexus-cfo-keir-barnes-steps-down Dexus CFO Keir Barnes is stepping down after seven years at Dexus. Shares traded down following the planned executive transition update. Barnes will remain active in her role until mid-December 2026 as an internal and external search begins. Dexus (ASX:DXS) announced that CFO Keir Barnes will step down after seven years with the real estate group. The executive departure follows four years of support from Kerri Leech, who was recently appointed as Deputy CFO. "Keir has made a significant contribution to Dexus in a range of roles and has been a valued member of the executive team," said Dexus Group CEO and Managing Director Ross Du Vernet. The company confirmed that Barnes will remain in her current role until

Full story: https://grafa.com/en/news/australia/asx-200-to-drop-as-traders-expect-rate-rises The ASX 200 is set to fall as traders price in three additional interest rate increases by the Reserve Bank of Australia. Futures point to a 0.7% drop at market open, following a nearly 4% decline earlier this month. Persistent inflation driven by rising global oil prices above US$100 a barrel is fueling expectations of tighter monetary policy. The S&P/ASX 200 is set to open 0.7% lower on Sept. 21 as investors price in three potential interest rate increases by the Reserve Bank of Australia. This projected fall follows a monthly drop of nearly 4% that erased the benchmark index's gains for the year, despite modest Friday increases on Wall Street. "Australian share markets are at risk of a corre