Latest Financial Obligations News

Atlantic Lithium has consented to Elevra's transfer of its 22.5% interest in the Ewoyaa Lithium Project to Zhejiang Huayou Cobalt, enabling Huayou to assume sole funding responsibilities and potentially accelerating project development.

Holista Colltech has partnered with Swang Chai Chuan to develop a nano-collagen production facility in Western Australia, marking a major step in commercialising its collagen technology with a $1.6 million initial investment.

Global Lithium Resources has locked in a strategic A$7.32 million equity placement and a US$75 million offtake prepayment from Chinese battery materials giant Jiangsu Lopal Tech, accelerating development of its flagship Manna Lithium Project in Western Australia.

The Star Entertainment Group has completed the first stage of its exit from the Destination Brisbane Consortium, locking in a fixed $18 million annual operator fee and shedding a major debt guarantee.

GCM Corporation has completed the full transfer of its proprietary Very High Density (VHD) technology, gaining exclusive global ownership with payments tied to future revenue milestones.

Novo Resources Corp. reported a net loss of CAD 22.4 million for 2025, slightly improving from the previous year, while securing a $5.9 million capital raise to support ongoing exploration and operations.

Culpeo Minerals has restructured its payment schedule for the Lana Corina copper-molybdenum project, easing near-term cash demands while maintaining its path to majority ownership. Progress on community access agreements signals a return to drilling activities in early Q2 2026.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

Citigroup Global Markets Australia has declared the record and ex-dividend dates for the estimated fully franked dividend on BHP CitiFirst Self-Funding Instalment warrants, triggering reductions in outstanding loan amounts for warrant holders.

Variscan Mines updates the market on earn-in negotiations for its Irish Zinc assets, clarifying no defaults by partners and signalling a revised timeline for key agreement conditions.

Variscan Mines has announced a delay in its earn-in agreement for Irish zinc assets after vendors failed to meet financial obligations within the agreed timeframe. The company’s board will now reassess next steps amid growing uncertainty.

Mustera Property Group reported a 45% revenue increase to $7.28 million for the half-year ending December 2025, driven by strong sales at its Forbes Residences project. Despite this growth, the company posted a net loss of $724,430, narrowing its deficit from the previous year as it advances its key North Fremantle development.