Latest Asx Reinstatement News

Top End Energy has abandoned its proposed US AI data centre venture after receiving an unfavourable ASX response, leaving its shares suspended until the company disposes of its PowerPlay interest. The company is refocusing on Northern Territory exploration, but key permit approvals and the timing of any ASX reinstatement remain unresolved.

First Lithium has secured three-year renewals for its Gouna and Faraba exploration licences in Mali, removing the stated hold-up to its maiden JORC resource. The company now faces a more familiar challenge: funding the next phase while seeking ASX re-admission.

First Lithium says renewals for its Gouna and Faraba exploration licences in Mali are being processed, clearing a potential path to its maiden Mineral Resource Estimate. But with only $A68,000 in cash and 1.61 quarters of estimated funding, the company remains dependent on licence progress and further capital discussions.

Norfolk Metals has extended the deadline for its proposed Ciclón copper acquisition to 31 December and reduced the minimum capital raising requirement to A$75 million. The deal remains dependent on funding, ASX reinstatement and other conditions, while the company reported just $155,000 in quarter-end cash before drawing a related-party loan.

NoviqTech says its Great Barrier Reef biochar project has passed harvesting, laboratory and Isometric eligibility assessments, while a potential offtake could cover at least 70% of planned credits. But the company ended September with A$151,000 in cash, an estimated 2.57 quarters of funding and no guarantee of returning to the ASX.

Golden Cross Resources is assessing non-binding investor and partner proposals for its Copper Hill copper-gold project, but the ASX-suspended explorer ended September with just $15,000 in cash. Planned field programs and a possible quotation reinstatement remain conditional on approvals, activity and ASX discretion.

Yowie Group has entered FY27 with US$71,000 in cash, a 35% drop in US gross sales and a fully drawn A$4 million working capital facility. The confectionery maker is pursuing an approximately A$6 million two-tranche capital raising while its ASX quotation remains suspended.

Chimeric Therapeutics has stopped enrolment and dosing in its CHM-2101 CAR-T trial after a safety review found the highest dose unsafe. With $1.35 million in cash, suspended securities and uncertain creditor negotiations, the company is now pursuing a possible recapitalisation while preserving a preclinical CDH17 pathway.

Peppermint Innovation’s Philippine payments business delivered a sharp September-quarter acceleration, with customer receipts rising to A$1.18 million and operating cash outflow falling 55%. The company says early October volumes have already exceeded September’s full-month total, while ASX reinstatement remains conditional.

Norfolk Metals ended FY2026 with a sharply higher loss, just A$807,974 in cash and a material uncertainty over its ability to continue as a going concern. Its proposed Chilean copper expansion now depends on a minimum A$75 million capital raising, ASX re-compliance and completion of the Ciclón and Condor transactions.

Bougainville Copper has asked the ASX to reinstate quotation trading after lodging its delayed half-year report, but the exchange has not yet approved a resumption. The company has acknowledged repeated reporting failures and introduced tighter internal controls.

OZZ Resources has completed its return to the ASX with a new critical minerals focus, but its $3.884 million cash balance is yet to translate into Bedaburra exploration spending. The company is now seeking to expand the Western Australian project while it rebuilds its exploration pipeline.