Latest Financials News

Norwood Systems has extended its cash drawdown facility for the sixth time, increasing the principal to $732,189.69 and pushing the repayment deadline to late February 2025.

Patriot Battery Metals reported a Q3 net loss of $2.23 million and a nine-month loss of $5.60 million, reflecting heavy investment in its flagship Shaakichiuwaanaan lithium project. A strategic $69 million private placement with Volkswagen post-quarter end underscores growing industry confidence.

Macarthur Minerals Limited reported a comprehensive loss of AUD 252,771 for Q4 2024, marking a sharp reversal from the prior year's profit. The company is navigating reduced exploration spending and strategic asset sales while facing ongoing funding challenges.

Macarthur Minerals Limited reported a substantial loss of A$25.6 million for the nine months ending December 31, 2024, driven largely by the sale of its Hematite Project. Despite this setback, the company outlines plans for future funding and operational adjustments to sustain its business.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.

Ecofibre Limited has restructured its Australian loan facilities, extending repayment terms and adjusting interest rates to support a more sustainable financial footing.

Scorpion Minerals Limited has had its trading suspension lifted following an announcement about a potential joint venture and capital raising, signaling renewed market activity.

E79 Gold Mines has entered a strategic earn-in and joint venture agreement with Scorpion Minerals over the Jungar Flats Project, enabling E79 to reduce expenditure while focusing on promising gold and copper-gold projects elsewhere.

WAM Capital has reported a robust 14.9% increase in its investment portfolio over six months, outperforming key ASX indices and maintaining its interim dividend at 7.75 cents per share.

BSA Limited has temporarily paused trading of its securities, signaling potential significant developments. Investors await further details to understand the implications.

Microequities Asset Management Group Limited has reported a robust 46.4% increase in profit after tax for the half-year ended December 2024, alongside a record $650 million in Funds Under Management and a raised interim dividend.

Westgold Resources reported a 72% jump in revenue to $624 million in H1 FY25, driven by increased gold production and higher prices, but posted a net loss after tax due to significant one-off acquisition expenses.