Latest Funding News

Rent.com.au reports an 11% quarterly revenue increase to $750k, driven by strong RentPay growth and strategic new partnerships. The company is expanding its customer base and refining its product offerings amid seasonal market shifts.

Strike Energy has taken a final investment decision on its South Erregulla 85 MW peaking gas power station and confirmed significant gas discoveries at Erregulla Deep and Walyering East-1, positioning the company for growth amid a strategic leadership transition.

Auric Mining Limited reports a robust cash flow quarter ending December 31, 2024, with current assets reaching approximately $10 million and ongoing cash inflows from its joint venture at Jeffreys Find Gold Mine.

Elevate Uranium Ltd has raised $25 million to advance its proprietary U-pgrade™ beneficiation process and accelerate exploration across its Namibian and Australian uranium projects. The company is poised to operationalize a demonstration plant in Namibia by late 2025 while expanding its resource base through extensive drilling campaigns.

Neurotech International has secured a $2.44 million R&D tax incentive refund, strengthening its cash position as it advances clinical trials for paediatric neurological disorders and prepares for regulatory submissions in FY2025.

My Rewards International Limited reports steady progress on its B2B rewards platform and the soft launch of its Klevo MasterCard, while navigating ongoing ASX suspension and securing a $15 million financing facility.

Leo Lithium has completed the sale of its remaining interest in the Goulamina Project, distributing over A$249 million to shareholders and restructuring its board as it pivots towards new asset acquisitions.

Leo Lithium Limited reports a robust cash position of $269.3 million following the sale of a 40% stake in MLBV, underpinning its financial strength amid ongoing operational expenditures.

Strike Energy has obtained $162 million in credit approval from Macquarie Bank, advancing its $217 million financing package to refinance debt and develop the South Erregulla Power Project.

Strategic Elements Ltd reports a robust cash position and progress across its portfolio of early-stage ventures, including the promising Energy Ink™ technology and autonomous vehicle applications in mining.

Zinc of Ireland NL has applied for a new exploration licence in Western Australia's Murchison region, signaling a strategic pivot towards gold while refining its zinc and lead assets in Ireland and exiting Canadian holdings.

OZZ Resources reports a promising scoping study for its Maguires Reward gold project, highlighting potential positive cash flow despite limited exploration activity during the December 2024 quarter.