Latest Balance Sheet News

Pantera Lithium has completed the $40 million sale of its Smackover Project to EnergyX, gaining immediate cash and significant equity exposure while setting sights on expanding its U.S. critical minerals portfolio.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

Taiton Resources has raised $2 million through a share placement to fund drilling at its Challenger West and Highway projects, with further shareholder approvals pending.

Australian Unity Limited has opened a $101 million non-renounceable entitlement offer alongside a $160 million placement, aiming to strengthen its balance sheet and support ongoing acquisitions. The company also announced the appointment of Kelly Bayer Rosmarin as its next CEO, signaling a new chapter in leadership.

Delta Lithium has commenced drilling at its expansive Yinnetharra Lithium Project while preparing a resource update for Mt Ida that includes promising rubidium co-product potential.

Ballard Mining has achieved a critical milestone with full permitting for its Mt Ida Gold Project, including approval to build a 2.0 million tonnes per annum processing plant and tailings facility. This final green light positions the project for development and potential expansion.

NTAW Holdings has secured an extension on its financial covenant waiver from Commonwealth Bank, easing short-term borrowing pressures while continuing debt repayments.

Orion Minerals is advancing its A$5 million capital raising through a placement to sophisticated investors, with results expected on 2 October 2025 alongside a resumption of share trading.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Cann Group Limited has extended the expiry of its NAB debt facilities by two weeks, providing a brief but vital window to advance its refinancing plans.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

PhosCo has terminated the ICC arbitration initiated by TMS Services over the Chaketma Mining project, citing breaches and non-payment of fees. The company now seeks up to A$7.5 million in damages related to longstanding disputes.