Latest Finance News

Helios Energy has released an independent Contingent Resource Report confirming substantial recoverable oil, gas, and NGL volumes at its Presidio Project in West Texas, reinforcing its potential as a transformative asset.

EBR Systems has signed a long-term lease for a 51,000 sq ft facility in Santa Clara, California, positioning itself for significant manufacturing expansion and future growth in wireless cardiac pacing technology.

Bellevue Gold Limited reported a $52 million net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $112.6 million early repayment on its project loan facility, leaving $79.45 million in cash reserves.

Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.

Butn Limited reported a modest net cash increase from operating activities in the December 2024 quarter, ending with a strong cash balance of $16.8 million. The fintech company’s latest cash flow report reveals ongoing investment and notable payments to related parties.

Harris Technology Group Limited reported $3.6 million in sales and a positive operating cash flow in Q2 FY25, driven by strong performance in refurbished technology products as the company adjusts its inventory strategy.

Swift Networks reports steady cash flow and contract wins in mining and aged care, while unveiling a new feature to capitalize on upcoming aged care legislation.

Argosy Minerals has reported significant progress on its flagship Rincon Lithium Project, including an upgraded mineral resource estimate and advancing engineering and feasibility studies toward a 12,000tpa lithium carbonate operation.

Argosy Minerals Limited reported a net cash outflow in its December 2024 quarter, driven by exploration and evaluation expenses, ending with nearly $6 million in cash reserves.

Brockman Mining Limited's latest quarterly report reveals steady progress on the Marillana Project, underpinned by joint ventures with Mineral Resources and Hancock Prospecting, alongside key infrastructure developments at Port Hedland.

Sagalio Energy Limited reported a net cash outflow of USD 79,000 in Q4 2024, ending the quarter with only USD 42,000 in cash and limited financing facilities. The company’s funding runway now stands at just over two quarters, raising questions about its near-term financial strategy.

Energy World Corporation Ltd. reports significant board changes and strategic committee formations as it navigates a quarter marked by operational cash outflows but maintains a solid cash reserve.