Latest Financing News

Evion Group’s Maniry Graphite Project in Madagascar has been designated a Strategic Project by the European Union, enhancing its development prospects. Meanwhile, Evion’s joint venture in India secured a maiden US order for expandable graphite, signaling growing global demand.

Way2VAT Ltd has reported a record quarterly revenue of A$1.65 million in Q2 FY25, driven by new contracts and deeper client engagement, while successfully trimming operating costs.

Lotus Resources has initiated processing of high-grade uranium ore at its Kayelekera Project in Malawi, moving closer to first uranium production this quarter. Key infrastructure upgrades, including a new power grid connection, aim to reduce costs and environmental impact.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project, targeting 1.4 million ounces over 19 years with strong financial metrics. The company also advances exploration across its Western Australian assets and integrates Maximus Resources into its portfolio.

Native Mineral Resources Holdings Limited reported significant cash outflows in its June quarter, offset by a recent $10 million share placement aimed at supporting its Blackjack Milling gold project development.

Galan Lithium has locked in a $20 million strategic placement and secured a key Argentine government incentive, positioning its Hombre Muerto West project for production in early 2026.

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.

Everest Metals Corporation Ltd reported a cautious cash flow update for Q2 2025, highlighting ongoing exploration costs and a funding runway of just under two quarters. The company has completed bulk sampling at its Revere Gold Project but faces continued negative operating cash flows.

NT Minerals has advanced key asset sales including the Mountain Home and Redbank/Wollogorang projects, while facing a critical cash position and awaiting shareholder approval for its latest disposal deal.

Black Dragon Gold progresses its Salave Gold Project’s strategic investment application amid positive community support and reports a stable cash position at quarter-end.

Peppermint Innovation Ltd reported robust growth in registered users, loan approvals, and transaction volumes in its June 2025 quarter, alongside strategic partnerships and key platform upgrades aimed at expanding financial inclusion in the Philippines.

Nex Metals Explorations has moved closer to finalising a joint project agreement for its Kookynie Tailings Project while navigating leadership changes and securing fresh capital to fund growth.