Latest Financial Position News

The Star Entertainment Group has finalized a crucial covenant waiver with its syndicated lenders, easing financial pressures ahead of its FY2025 audited report. This development clarifies ongoing negotiations and sets the stage for the company’s next financial chapter.

Lefroy Exploration has received the first $1.25 million cash advance from BML Ventures, strengthening its financial position ahead of key development milestones at the Lucky Strike and Burns Central gold projects.

Australian Clinical Labs has reached a $6.2 million settlement with the Australian Information Commissioner to resolve a Federal Court case stemming from a 2022 cyberattack on its newly acquired Medlab Pathology business.

AssetOwl Limited has locked in a $281,654 convertible note funding from a related party, adding to its financing options as it navigates shareholder approval and potential share dilution.

Emu NL has bolstered its financial footing through a $590,000 rights issue and the sale of its Badja Gold Project, setting the stage for a maiden drilling program at its Yataga Copper Project. Leadership changes signal a new chapter as drilling preparations near completion.

Peel Mining has raised $18.75 million through a placement and share purchase plan, while appointing Tony Schultz as a new director to drive its copper and polymetallic asset strategy in the Cobar Basin.

Invictus Energy has deferred the settlement of a significant AU$37.8 million placement to align with its strategic partnership with Al Mansour Holdings, advancing the development of its Cabora Bassa Project in Zimbabwe.

Strike Energy’s FY25 results reveal a strategic pivot to integrated gas and power projects, leadership renewal, and strong financial gains despite a major asset impairment.

Metal Powder Works Limited reports its FY25 annual results, highlighting the accounting treatment of its reverse acquisition and a significant goodwill write-off tied to legacy operations.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

Elanor Investors Group has obtained a crucial ASX waiver allowing a longer timeframe to issue securities tied to its $125 million recapitalisation with Rockworth Investment. This move addresses regulatory delays and aims to stabilise Elanor's balance sheet and reduce gearing.