Latest Financials News

MCS Services Limited reported a $644k cash outflow from operations in Q1 2025 while lodging multiple traffic management tenders and exploring growth strategies. The company continues to consider selling its Traffic Business subsidiary, Highways Traffic Pty Ltd.

Zelira Therapeutics has made significant progress in its HOPE 1 clinical trial program, completing a key FDA submission and securing a $650,000 non-dilutive R&D loan facility to support ongoing development and working capital needs.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Many Peaks Minerals reports standout gold assay results from its Ferké and Odienné projects, alongside a strategic land acquisition and a A$13.5 million capital raise to fuel exploration.

Melbana Energy continues steady oil production in Cuba with new drilling underway, while securing critical permit variations in Australia that extend exploration timelines and reduce seismic obligations.

Strata Minerals has resumed diamond drilling at its Penny South Gold Project targeting extensions of known mineralisation and secured an option to acquire the Zelica Gold Project, enhancing its Western Australian portfolio.

Reward Minerals has acquired a key exploration licence covering the Beyondie Potash Plant and is progressing its proprietary potash processing technologies alongside new copper and gold exploration initiatives.

Group 6 Metals has completed open cut mining at its Dolphin project, ramped up tungsten production to record levels, and secured new funding while preparing for underground operations.

Audio Pixels Holdings has raised A$1.25 million through unsecured convertible notes from sophisticated investors, with the Chairman’s company poised to invest up to A$2 million pending shareholder approval. This funding boost aims to extend the company’s working capital runway and support its strategic goals.

Cann Group Limited announces a transformative $9 million capital raise alongside a major debt restructure, positioning the medicinal cannabis pioneer for profitability in FY26.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

Clime Investment Management has firmly rejected allegations of a formal ASIC investigation following a misleading media report, clarifying that only a preliminary inquiry occurred.