Latest Balance Sheet News

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Resolution Minerals has announced a significant gold discovery at its Golden Gate North Prospect, marking a pivotal shift from exploration to development. The company also advances its critical minerals strategy with key acquisitions and a $25 million capital raise.

Axtec Limited maintains a steady cash position through strategic equity placements and cost reductions while advancing its PropTech platform and partnerships.

Altamin Limited progresses its Lazio geothermal lithium and SOP project with key technical studies and grant funding, while advancing a strategic sale process for its Gorno polymetallic project. The company bolsters its balance sheet through a successful entitlement offer raising A$5.39 million.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Cazaly Resources has reported compelling high-grade gold results from its Goongarrie project and secured a lucrative earn-in agreement for its Romano gold project, bolstering its cash position for further exploration.

DigitalX Limited has increased its Bitcoin exposure to approximately 504 BTC while implementing a significant operational reset that delivered $1 million in annualised cost savings. The company also deployed A$4.9 million into a market-neutral trading strategy to generate sustainable cash flows.

Fin Resources Limited has made significant progress in acquiring the Cabin Lake Gold Project in Canada, securing funding and gearing up for a maiden drilling campaign in early 2026. The company highlights strong local partnerships and promising high-grade gold mineralisation.

Activeport Group Ltd reported steady Q2 FY26 revenue with new contracts starting to contribute and a 5% increase in annualised recurring revenue to $6.3 million. The company also reduced cash burn significantly and strengthened its cash position to support growth.

Bulletin Resources is gearing up for a new drilling campaign at its Lake Rebecca Gold Project while strengthening its financial footing through asset sales and investments.

McLaren Minerals has completed a pivotal Pre-Feasibility Study for its McLaren Titanium Project, confirming a large-scale resource and robust economics, while also acquiring a zircon-rich asset to diversify its portfolio.