Latest Development Activity News

Ingenia Communities Group (ASX: INA) confirms it is on track to hit the top of its FY26 guidance, underpinned by a strong development pipeline exceeding 8,000 potential land lease lots and resilient holiday operations.

Alice Queen Limited has pushed back the closing date of its $5.77 million rights issue to 12 June 2026, giving shareholders more time to subscribe at 0.9 cents per share. The extension reflects the company's effort to maximise shareholder involvement ahead of the planned capital raise completion.

Greatland Resources has locked in a $500 million debt facility with major banks, boosting liquidity to over $1.7 billion as it commits to developing its Havieron gold-copper project.

New Talisman Gold Mines boosted revenue by 121% to NZ$53,000 but posted a $2.26 million net loss as it commissioned a processing plant and secured key commercial agreements.

Havilah Resources has locked in a $105 million upfront payment from Sandfire Resources for the Kalkaroo project and signed a binding farm-in agreement with Hillgrove Resources for Mutooroo, while gearing up for regional drilling in South Australia’s Curnamona Province.

Chorus has reported a rise in its fibre regulated asset base to NZD 6 billion for 2025, alongside a significant NZD 101 million under-earn on its maximum allowable revenue, resulting in a NZD 76.3 million wash-up balance to be carried into the next regulatory period.

Novo Resources Corp has closed Tranche 2 of its placement, raising approximately C$1.93 million and issuing options to joint lead managers and participants, while Northern Star retains a near 10% stake.

Botala Energy’s Pitse Pilot well 3.5B at the Serowe CBM Project in Botswana has reached total depth, intersecting coal seams as predicted and advancing toward flow testing and commercial production.

VRX Silica has kicked off a $6.23 million renounceable entitlement offer, underwritten to $2 million, to fund key development activities at its Arrowsmith North silica sand project including a strategic property purchase and engineering works.

Sunshine Metals has secured $7.7 million through an oversubscribed Share Purchase Plan, exceeding its $3 million target, to fund the Mt Moss processing facility acquisition and Liontown mine start-up.

GreenX Metals has unveiled a substantial Exploration Target at its Tannenberg Copper Project in Germany, estimating up to 279 million tonnes of mineralisation with significant copper and silver grades. This marks a strategic shift to active exploration following extensive archival research.

Beetaloo Energy has wrapped up its $5 million Share Purchase Plan with strong shareholder uptake, pending final approval at the upcoming AGM for new share issuance.