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Market Roundup: Vanguard Distributions, WHSP Merger, and Beetaloo Basin Consolidation

Vanguard Announces Estimated Distributions for Australian ETFs Vanguard Investments Australia Ltd has announced the estimated distribution amounts and distribution timetable for its range of Australian Exchange Traded Funds (ETFs). The distributions will be paid on 16 October 2025, with the ex-distribution date set for 1 October 2025 and the record date on 2 October 2025. Investors can take advantage of the Distribution Reinvestment Plan (DRP) available for all the ETFs, provided they have their correct bank details with the registrar, Computershare, prior to the record date.

WHSP Releases Pre-merger FY25 Results Washington H. Soul Pattinson and Company Limited (Soul Patts) has released its FY25 annual reports, representing the standalone performance of WHSP Holdings Limited (formerly Soul Patts) prior to the merger with Brickworks Limited, implemented on 23 September 2025. The results are within the ranges previously communicated to the market. The first financial results to be reported by the merged group will be in March 2026 for the period ending 31 January 2026.

Antipa Minerals Hits High-Grade Gold at Minyari Antipa Minerals Ltd has announced outstanding new assay results from its 2025 drilling program at the Minyari Gold-Copper Project in Western Australia. The highlights include high-grade gold intersections of up to 200 gram-metres, as well as the confirmation of significant gold-copper anomalies over a six-kilometre strike. The company is progressing its pre-feasibility study, with 92% of the planned drilling program now complete, and an updated Mineral Resource Estimate scheduled for October 2025.

BSA Restructures Financing Facility BSA Limited has restructured its existing bank lending facility with the Commonwealth Bank of Australia, extending the term to 30 September 2026 and revising the facility limits. The Borrowing Base Facility has been reduced to $nil, while the Guarantee Facility has been set at $2.6 million, 75% cash backed. The restructured facility aligns more closely with the company's current requirements.

Tamboran Reaches FID for Shenandoah South Pilot Project Tamboran Resources Corporation has announced that the Beetaloo Joint Venture has made a Final Investment Decision for the Shenandoah South Pilot Project, which is expected to commence first gas sales from mid-2026. Tamboran and Daly Waters Infrastructure have also secured up to A$179.8 million in financing for the construction of the Sturt Plateau Compression Facility.

Tamboran to Acquire Falcon Oil & Gas In a strategic move, Tamboran Resources Corporation has entered into a definitive agreement to acquire Falcon Oil & Gas Ltd. The combined entity will create the leading Beetaloo Basin E&P with 2.9 million net prospective acres and over 40,000 gross drilling locations. The transaction is accretive to Tamboran shareholders and strengthens the company's position ahead of the upcoming farmout process.