Latest Financial Risk News

Cue Energy Resources and partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to kickstart a four-well drilling program at Mereenie and Palm Valley, aiming for gas supply contracts through 2034.

Horizon Oil and its joint venture partners have signed a binding Letter of Intent with Northern Territory’s Power and Water Corporation to fast-track drilling of two new wells at Mereenie, aiming to secure long-term gas supply agreements through 2034.

Capella Minerals has commenced its first diamond drilling program at the Killerö gold-copper project in northern Finland, marking a significant step forward in Cullen Resources’ Northern Finland joint venture. The initial drilling aims to test high-potential anomalies within the Central Lapland Greenstone Belt.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

Dalrymple Bay Infrastructure has secured $1.07 billion in new loan facilities, slashing its borrowing costs and extending debt maturity while maintaining its investment grade rating.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

ActivePort Group Ltd is launching a pro-rata bonus option offer, granting shareholders 1 option per 5 shares held, exercisable at $0.04 and expiring in 2028. While no immediate funds will be raised, full exercise could inject over $9 million into the company.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Nimy Resources has partnered with CSIRO under the Kick-Start program to advance gallium exploration at its Mons Project in Western Australia, leveraging cutting-edge machine learning and scientific expertise.

88 Energy Limited updates on its Alaska-based Project Phoenix, announcing a fully funded horizontal well and extended flow test scheduled for Q3 2026, backed by joint venture partner Burgundy Xploration LLC. The project is positioned for first production as early as 2027 amid a resurgence in North Slope activity.

Osteopore Limited has drawn an additional A$250,000 under the first tranche of its redeemable convertible notes, continuing its steady capital raise to support growth and innovation.