Latest Funds From Operations News

Moody’s Ratings has affirmed APA Group’s Baa2 (stable) credit rating and lowered the downside FFO/Debt threshold from 8% to 7%, reinforcing APA’s financial footing for future growth. This follows a similar adjustment by S&P last December that expanded APA’s debt capacity by over $1 billion.

ADX Energy has kicked off drilling mobilisation for its HOCH-1 shallow gas well in Upper Austria, aiming to tap prospective resources up to 17.3 billion cubic feet. The well spud is slated for mid-April, marking the first of three permitted gas prospects in 2026.

EMVision Medical Devices has ramped up recruitment in its pivotal FDA trial across eight hospitals and is nearing results from multiple pre-hospital studies, all while bolstering its cash position with a $3.8 million R&D tax refund and $6.6 million in grant funding.

Neometals has formalised a joint venture with BML Ventures to fund and operate open-cut mining at the Ironclad deposit, paving a near-term path to gold production at the Barrambie Gold Project.

The GPT Group delivered solid financial and operational results for 2025, growing assets under management to nearly $40 billion and advancing strategic partnerships across retail, logistics, and office sectors.

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.

Scout Security Limited posted a $10.5 million net loss for the half-year ended 31 December 2025, driven largely by a $9.1 million goodwill impairment linked to its acquisition of Roo Inc. The company raised capital and secured new partnerships while facing ongoing going concern uncertainties.

ActivEX Limited has completed a $393,505 share placement, issuing nearly 20 million shares at 2 cents each, with funds earmarked for advancing exploration projects and supporting working capital.

Vertex Minerals has arranged a A$9 million convertible loan facility to support underground gold production at its Reward Gold Mine, with conversion into shares and options pending shareholder approval.

Ovanti Limited has secured $711,200 through a discounted share placement to professional investors, aiming to support its global operations and expansion into the US buy now, pay later market.

WA Kaolin Limited has announced a $34.9 million recapitalisation plan involving a non-renounceable entitlement issue and debt conversion to strengthen its balance sheet and fund operational improvements at its Wickepin kaolin project.

OzAurum Resources has kicked off an 18,000-metre drilling campaign at its Mulgabbie North Gold Project, aiming to confirm high-grade gold zones and accelerate its pathway to production.