Latest Balance Sheet News

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Vault Minerals reported preliminary FY25 gold sales just shy of guidance, while making key operational investments and strengthening its balance sheet post-merger.

NT Minerals Limited has had its trading suspension lifted following news of a potential sale of its Redbank Copper Project in the Northern Territory, signaling a pivotal moment for the company.

NT Minerals has agreed to sell its Redbank and Wollogorang copper projects to Golden Horse Minerals for $3 million in combined cash and equity, shifting its strategic focus to other critical mineral assets.

Alma Metals has completed a $388,000 placement of nearly 97 million shares following its recent rights issue, issuing a cleansing notice to confirm regulatory compliance.

Trigg Minerals Limited has had its trading suspension lifted following the release of a material capital raise announcement, signaling renewed investor interest and potential growth opportunities.

Trigg Minerals has raised A$12.5 million from institutional and strategic investors to accelerate development of its Antimony Canyon Project in Utah, positioning itself as a key supplier in the US critical minerals market amid soaring antimony prices.

Horseshoe Metals secures $851,000 through a share placement and converts nearly $650,000 of debt into equity, aiming to accelerate development at its Horseshoe Lights Copper-Gold Project and fund exploration across Australia.

Battery Age Minerals has successfully raised $3 million to fund maiden drilling at its Bleiberg Germanium-Zinc Project in Austria and advance exploration at the El Aguila Gold-Silver Project in Argentina, attracting new investors and reinforcing its strategic position in critical minerals.

Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.

Latitude 66 Limited has agreed to sell its 17.5% stake in the Greater Duchess Copper Gold Joint Venture for an upfront $2 million, with potential for additional contingent payments. The deal includes a $750,000 loan to support ongoing projects in Finland and Western Australia.

Power Minerals Limited has launched a new options offer linked to a recent $1.3 million placement, alongside updates on key project acquisitions and divestments. The prospectus outlines significant risks and strategic directions as the company navigates growth and financial challenges.