Latest Director Loans News

Wellnex Life announces the resignation of joint CEO George Karafotias, with Zack Bozinovski stepping up as sole CEO. The company plans to repay a $705,000 director loan within 90 days.

My Rewards International is seeking shareholder approval to convert $2.2 million of debt into equity and launch a $3.98 million entitlement offer, key steps toward regaining its ASX listing.

InFocus Group Holdings has secured a major $3.25 million contract to develop an advanced iGaming platform, while expanding its footprint with Chubb Life Assurance Thailand and other Southeast Asian clients.

Tartana Minerals progresses its Tartana-MGMF copper processing venture with key milestones achieved, steady copper sulphate production, and new financing secured from directors.

Vectus Biosystems confirms safety of its lead fibrosis drug VB0004 from Phase Ia/Ib trials and advances licensing talks globally, including in China, while managing costs and funding challenges.

Cassius Mining advances its Soalara Limestone Project with ongoing joint venture discussions, pursues a substantial $277 million arbitration claim against Ghana, and manages tight cash flow through recent capital raises.

Energy Action Ltd reports a robust Q4 FY25 with significant revenue growth, sustained positive cash flow, and strategic refinancing, while advancing its AI-driven Utilibox platform and zero-carbon solutions.

Empire Resources has completed a significant 21-hole reverse circulation drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation across multiple prospects. Assay results are pending, with the company poised to define resource potential amid ongoing exploration.

Jade Gas Holdings has secured a A$3.64 million director loan to advance production at its Red Lake Gas Field, anticipating a transformational gas breakthrough this quarter.

Careteq Limited reports a significant reduction in operating cash outflow and modest revenue growth for FY25, while facing delays in its key platform integration and a dispute with the ATO over R&D claims.

Greenvale Energy has completed the acquisition of the Oasis Uranium Project and is preparing for its maiden drilling program, while airborne surveys reveal promising uranium targets across its Northern Territory portfolio.

Flagship Minerals has raised A$1.25 million through a share placement and convertible note conversions to advance the Pantanillo Gold Project towards a JORC-compliant resource. The funds will support drilling, metallurgical testing, and environmental studies aimed at unlocking the project’s significant gold inventory.