Latest Financials News

Flynn Gold Limited has announced a maiden Exploration Target at its Golden Ridge Project in Tasmania, estimating up to 520,000 ounces of contained gold, alongside a new exploration licence near the Beaconsfield Gold Mine.

North Stawell Minerals has secured $1.3 million in new equity funding to propel exploration at its North Stawell Gold Project, with diamond drilling set to begin in January 2025 targeting the promising Wildwood and Darlington prospects.

Linius Technologies has appointed Ben Taverner as CEO and secured key partnerships and customers, including Brown University and Fujitsu, setting the stage for significant growth in FY25.

Australian Vanadium Limited reports significant progress in its integrated vanadium supply chain, including government approvals, Project Lumina development, and successful vanadium flow battery deployment.

Medallion Metals Limited advances acquisition talks with IGO Limited for the Cosmic Boy Process Plant while reporting strong drilling results and a promising scoping study for its Ravensthorpe Gold Project.

dorsaVi reported a modest 1.9% rise in sales revenue to $330k in Q2 FY25, launched its AI-powered Video AI movement analysis platform, and initiated a blockchain integration partnership to enhance data security.

Cygnus Metals has completed its merger with Doré Copper, securing a strong cash position and delivering promising early drilling results at its Chibougamau Project in Quebec. The company is poised for an aggressive exploration and resource growth campaign in 2025.

IODM Limited reported a decline in cash reserves to $461,000 for the December quarter, while projecting revenue growth through new university client onboarding in the UK and North America.

Latin Resources has secured shareholder and court approvals for its acquisition by Pilbara Minerals, marking a pivotal transition for the Salinas Lithium Project in Brazil. The deal positions Salinas as a key global lithium asset under new stewardship.

IMEXHS Limited reported a robust 34% increase in FY24 revenue to $26.5 million, driven by new contracts in Colombia and Peru that boosted its Annual Recurring Revenue to $30 million. Despite a slight EBITDA shortfall due to a bad debt expense, the company highlighted operational improvements and strengthened its regional footprint.

Comet Ridge has made significant strides in its Mahalo Gas Hub development, approving upstream FEED and progressing pipeline connections, supported by a strong cash position of $19.3 million. These developments position the company to address Australia's tightening east coast gas market.

Botala Energy has secured critical environmental approvals for its Serowe CBM Project and successfully raised A$1.87 million, positioning the company for commercial gas production in Southern Africa.