Latest Funds From Operations News

Strata Minerals has secured a binding agreement with BML Ventures to fund and manage mining at its Zelica Gold Project, paving a capital-light path to production and profit sharing.

Cryosite Limited delivered a robust 22% revenue increase and 28% EBITDA growth for the ten months to April 2026, powered by expanding clinical trial activity and infrastructure upgrades.

Pacific Nickel Mines is pressing ahead with the sale of its Kolosori Nickel Project for a nominal A$1 while remaining suspended from the ASX, supported by ongoing Glencore financing and subject to key approvals.

Infinity Mining’s joint venture with Mining One kicks off hands-on exploration at the Walhalla project, targeting structurally controlled gold-antimony mineralisation after promising initial assays.

Celsius Resources initiates emergency arbitration to halt Kiri’s offtake deals with Makilala Mining, while grappling with governance upheaval and stalled financing at its Philippine copper project.

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

Codan Limited is acquiring the intellectual property of US-based Adaptive Dynamics to enhance its electronic warfare and mission-critical communications capabilities, aiming to strengthen its position in next-generation defence programs.

HIQ Limited has locked in non-dilutive funding from the Victorian Government to underpin a $4.9 million project expanding its manufacturing and research footprint in Victoria, supporting its global growth ambitions.

PainChek has secured A$5.5 million via convertible notes to accelerate its US sales expansion and strengthen working capital amid key commercial milestones.

Australian Oil Company Limited is raising $250,000 through a Share Purchase Plan priced at $0.0029 per share, including free-attaching options exercisable by mid-2028. The capital will support oil production enhancements and exploration in Queensland's Surat Basin.

Nex Metals Explorations and the Wangkatja Tjungula Aboriginal Corporation have formalised a joint venture to combine WTAC’s capital and cultural knowledge with Nex Metals’ technical expertise to pursue gold projects in Western Australia.

Comet Ridge has voluntarily suspended trading of its shares on the ASX pending an update on its acquisition of Santos’ stake in the Mahalo Gas Project. The suspension aims to prevent uninformed trading while discussions continue, with an announcement expected before markets reopen on 21 May 2026.