Latest Connectivity News

Australian Oil Company Limited (AOK) reports significant progress in its California pipeline acquisition and appoints Chris Hodge as Non-Executive Chairman, signaling a strategic push into US gas exploration.

European Metals Holdings has made significant strides in developing its Cinovec Lithium Project, announcing a strategic relocation of its processing plant and ongoing enhancements to production capacity and cost efficiency. The Definitive Feasibility Study is on track for mid-2025 completion, promising a clearer outlook on the project's economic potential.

Admiralty Resources NL has marked a significant production milestone at its Mariposa Iron Ore Project in Chile, securing a sales agreement for 80,000 tonnes of iron ore amid ongoing operational and environmental progress.

Central Petroleum Limited reported a solid quarter ending December 31, 2024, driven by increased gas production from new wells and a restructured loan facility that enhances financial flexibility.

X2M Connect reported a 51% revenue drop in Q2 FY25 as it shifts from hardware to SaaS, yet improved margins and EBITDA signal progress. Strategic partnerships in the Middle East and Taiwan offer promising growth avenues.

Marmota Limited reports a stellar quarter with major titanium mineral sands discovery at Muckanippie and high-grade gold extensions at Aurora Tank, underpinning an aggressive drilling campaign and capital raise.

MPower Group has finalized the conversion of a $10 million project funding facility for its Narromine Renewable Energy Project into equity, with AMPYR Distributed Energy acquiring full ownership. The move strengthens MPower's balance sheet and supports its strategic push into hybrid renewable assets.

Elsight reported a robust 32% increase in annual revenue for 2024, driven by a strategic pivot towards the defense sector, which now accounts for over half of its total revenue. The company’s expanding customer base and debt elimination position it well for growth in 2025.

Jayride Group reports a sharp decline in bookings amid supplier payment challenges but eyes growth through API technology and cost cuts.

Saferoads Holdings reported a slight revenue dip in Q2 2024 but advanced toward selling its Road Safety Rentals business, while securing approval for a new crash barrier system.

Krakatoa Resources has taken a major step by signing an option to acquire an 80% interest in the Zopkhito antimony-gold project in Georgia, complementing a $220,000 drilling grant for its Mt Clere REE project and a $1.18 million capital raise.

Mithril Silver and Gold Limited reports strong drilling results at its Copalquin gold-silver project in Mexico, backed by a $12.5 million placement to fund an expanded 35,000-metre 2025 exploration program.