Latest Financial Position News

Marmota Limited has finalised the drill program design for its Target 4 uranium prospect at Junction Dam, targeting a previously untested palaeochannel extension near Boss Energy’s Jason resource. The company also addresses a legal challenge to its tenement, reinforcing its strong position ahead of a major exploration push.

ActivEX Limited has completed a $393,505 share placement, issuing nearly 20 million shares at 2 cents each, with funds earmarked for advancing exploration projects and supporting working capital.

Emu NL has announced a pro-rata non-renounceable rights issue aiming to raise approximately $3.67 million, offering new shares with free attaching options to eligible shareholders. The capital raise will primarily fund exploration activities at its Queensland projects and strengthen working capital.

EVT Limited has successfully refinanced its debt facilities, increasing capacity to $750 million with improved interest margins, positioning the group for its strategic pivot towards the hotel sector.

Sparc Technologies has secured a $680,000 non-dilutive advance on its anticipated FY26 R&D tax refund, strengthening its cash flow as it accelerates commercialisation of its graphene additive ecosparc and green hydrogen ventures.

Vertex Minerals has arranged a A$9 million convertible loan facility to support underground gold production at its Reward Gold Mine, with conversion into shares and options pending shareholder approval.

Tuas Limited has reported a robust first half for FY26, with significant revenue and profit growth driven by expanding mobile and broadband subscribers, alongside progress on its strategic M1 acquisition.

Caprice Resources has kicked off an ambitious 50,000-metre drilling campaign across its Murchison Gold Projects, aiming to define a maiden Mineral Resource Estimate and uncover new high-grade gold zones.

Aurum Resources has raised $28.8 million through a strategic placement led by Perseus Mining, boosting its cash reserves to over $60 million. This capital injection will fund an aggressive drilling campaign and feasibility studies for its key gold projects in Côte d’Ivoire.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Desert Minerals has launched a targeted drilling campaign at its Scotty Lithium Project in Nevada, aiming to define near-surface lithium mineralisation and support a maiden resource estimate. The project sits in a prolific lithium district adjacent to one of North America’s largest lithium deposits.

Genesis Energy has completed its NZ$300 million rights offer shortfall bookbuild at a premium price, raising a total of NZ$400 million including a prior placement. The new shares will begin trading late March, marking a significant capital boost for the energy company.