Latest Financial Risk News

Deep Yellow Limited reported a $10.6 million operating cash outflow for the September quarter but maintains a robust cash position with over $203 million on hand, supporting an estimated 14 quarters of funding.

Gibb River Diamonds has inked a significant ore processing agreement with Black Cat Syndicate, advancing mining operations at its Neta Project with first gold sales expected early next year.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

PhosCo has terminated the ICC arbitration initiated by TMS Services over the Chaketma Mining project, citing breaches and non-payment of fees. The company now seeks up to A$7.5 million in damages related to longstanding disputes.

Avada Group Limited has adjusted its FY25 financial results following audit finalisation, increasing its income tax benefit and reclassifying borrowings, while confirming a strong financial position.

Caspin Resources has successfully raised $4.5 million through a heavily oversubscribed equity placement, positioning the company to advance drilling at its Weethalle Gold and Bygoo Tin projects in New South Wales.

Beonic Ltd has raised $4.27 million through convertible notes to fund its product development, repay upcoming debt, and advance its North African Airport Project.

Australian Unity Limited has announced a $120 million equity raising through a pro rata entitlement offer and wholesale placement, underpinning its ongoing transformation and capital management strategy. The company also reported robust FY2025 financial results, highlighting significant revenue growth and improved profitability.

Super Retail Group has confidentially settled its previously disclosed workplace litigation for less than initially anticipated, avoiding any admission of liability.

Hastings Technology Metals and Wyloo have formalised their joint venture for the Yangibana Rare Earths Project, with Wyloo taking a 60% stake and cancelling A$123 million in exchangeable notes, significantly de-risking the project and reducing Hastings’ funding burden.

Neurizon Therapeutics has locked in a significant R&D tax incentive advance covering overseas and domestic development costs for its lead ALS drug candidate NUZ-001, accelerating its clinical progress with a $5.6 million rebate expected in 2025.

Lord Resources has visually confirmed a significant 20.2-metre copper mineralisation interval at its Ilgarari Copper Project in Western Australia, highlighting promising signs of a supergene-enriched zone. Assay results are expected in October as drilling continues.