Latest Compliance News

Cann Group’s September quarter delivered a sharp increase in revenue and exports as its Mildura GMP facility gained traction in Europe. But with just $49,000 in cash, $626,000 of undrawn debt capacity and an estimated 0.9 quarters of funding, the recovery still depends on collections and further financing.

Besra Gold is pushing for a three-year technical study program at its Bau project while negotiations over key Sarawak mining tenure remain unresolved. The Ontario Securities Commission cease trade order also remains in place, with the company holding A$7.586 million and reporting about 4.9 quarters of funding at its current cash burn.

ASX has immediately suspended quotation of Surefire Resources securities under Listing Rule 17.3.4, pending the company’s compliance with Listing Rule 2.5. The notice does not disclose the issue behind the suspension or indicate how long trading may be halted.

Way2VAT is betting that its new Way2Invoice platform, Coupa distribution and Go-Global partnership can convert product momentum into recurring revenue, while a 15% cost reduction begins to address ongoing cash burn. Quarterly revenue was broadly flat at A$1.90 million, with A$3.05 million in cash and A$5.20 million of debt drawn at quarter end.

Nutritional Growth Solutions has cut quarterly net operating cash outflow by 54% while completing its Sprout Organic acquisition just after quarter end. The enlarged group starts with US$1.613 million in cash, no borrowings and a substantially larger share base.

Wiluna Mining has emerged from a disrupted September quarter with a $180 million IPO, no secured debt and a renewed exploration program. The transformation came after a CIL tank rupture halted processing, drove 91 redundancies and left the company with $18.7 million in cash at quarter end.

Australian Mines has told ASX it is unaware of undisclosed information behind a sharp increase in trading, while confirming that Boa Vista gold samples are still awaiting assay results. The company points instead to renewed scandium interest, promotional activity and its proposed corporate rebrand.

Northern Minerals has advanced Browns Range through feasibility, engineering and exploration, but its flagship rare earths project remains stalled at the funding gate. The company missed its 30 September FID target, flagged material uncertainty over its ability to continue as a going concern and warned that Iluka may be able to terminate the project’s supply agreement.

Unity Metals has disclosed that three directors failed to lodge notices after unlisted options expired in May, exposing a wider compliance lapse than first identified. The company says no securities were traded and has introduced tighter monitoring controls.

Xref reported A$4.7 million of unaudited Q1 FY2027 revenue and positive EBITDA of A$0.6 million, as its newer platform generated 48% revenue growth. Trust Marketplace checks, Pulse surveys and employee lifecycle products all recorded sharp increases, while stronger liquidity is supporting renewed marketing investment.

Norwest Minerals has completed oxide column leach testing at its Bulgera gold project, recording extraction rates of 80% for highly weathered material and 78% for moderately weathered material. The company is now targeting completion of its delayed Scoping Study in November after raising A$1.89 million for development work.

Resources & Energy Group has signed the definitive Maranoa mining agreement under which Rembrandt Mining will fund all development, processing and rehabilitation capital. The quarter also delivered high-grade drilling results across East Menzies, although REZ produced no gold and cash fell to A$734,000.