Latest Financial Obligations 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.

Thrive Tribe Technologies has raised approximately $250,000 through a discounted share placement and repaid nearly $100,000 in loans by issuing shares, aiming to bolster working capital.

Citigroup Global Markets Australia has announced a fully franked dividend of AUD 2.2675 for RIO CitiFirst Self-Funding Instalment MINI warrants, aligning key dates with RIO ordinary shares.

Novo Resources Corp reported a reduced net loss of CAD 5.85 million for H1 2025, improving liquidity while continuing its gold exploration efforts in Australia.

The Star Entertainment Group has terminated its binding Heads of Agreement with joint venture partners over Brisbane and Gold Coast developments, retaining its assets but incurring significant repayment and reimbursement obligations.

Lindian Resources has advanced construction at its Kangankunde Rare Earths Project ahead of schedule while securing 100% ownership of the Lelouma Bauxite Project, underpinning its growth strategy in critical minerals.

South Harz Potash Limited has bolstered its balance sheet through a combined A$2.39 million equity raise, positioning itself to pursue a dual-asset strategy targeting new critical minerals while preserving its core German potash project.

TMK Energy has commenced drilling its seventh pilot well at the Gurvantes XXXV Coal Seam Gas Project, reporting positive reservoir pressure tests and advancing partnerships to fast-track development.

Bowen Coking Coal’s initial attempt to defer state royalty payments has been declined by the Queensland Revenue Office, prompting plans for a revised proposal amid ongoing debt restructuring efforts.

88 Energy Limited reports significant progress on its Alaskan projects with a robust prospective resource base and advancing farm-out deals, while securing a key license extension in Namibia and negotiating asset divestment in Texas.

Australian Pacific Coal Limited has been served a statutory demand for over A$1 million by M Resources Trading Pty Ltd, linked to a previously announced management fee. The company is reviewing the claim while continuing operations at its Dartbrook mine.

The Star Entertainment Group has extended the termination date of its binding heads of agreement with joint venture partners to 31 July 2025, with significant repayment obligations looming if negotiations falter.