Latest Balance Sheet News

Nanollose Limited has completed a successful pilot manufacturing run blending its Nullarbor-20 fibre with wool, raised $1.05 million through an entitlement issue, and appointed Andrew Moullin as CEO to drive its commercialisation strategy.

FortifAI Limited reports steady revenue, significant cost reductions, and a strengthened balance sheet with $3 million cash and no debt. The company advances its AI Lab initiative while expanding its project pipeline and board expertise.

Burley Minerals reports promising iron ore assay results from its Cane Bore project and secures $1 million to fast-track exploration, while lithium prices rebound from multi-year lows.

Eastern Metals Limited has progressed its strategic acquisition of Raptor Resources while completing an initial capital raise and divesting a royalty interest, positioning itself for growth in copper exploration.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.

AUCyber reported a decline in Q4 FY25 customer receipts following a strategic exit from lower-margin contracts, while completing a $2.7 million capital raise that strengthens its cash position.

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Torque Metals has kicked off a new drilling campaign at its Paris Gold Project, delivering a significant high-grade gold intercept and completing a strategic merger with Aston Minerals.

South Harz Potash Limited has bolstered its balance sheet through a combined A$2.39 million equity raise, positioning itself to pursue a dual-asset strategy targeting new critical minerals while preserving its core German potash project.

Larvotto Resources delivers a robust Definitive Feasibility Study for its Hillgrove Antimony-Gold Project, backed by $165 million in fresh funding and regulatory approvals, targeting production in Q2 2026.

GWR Group Limited reports steady progress on its Prospect Ridge magnesium project with ongoing metallurgical testing and a strong cash position of $38 million. The company also revises Wiluna iron ore royalty terms and pursues strategic acquisitions.

AVADA Group Limited reported a strong quarter with positive operating cash flows and significant debt reduction, while initiating a strategic review of its New Zealand operations amid challenging market conditions.