Latest Investment Activity News

Tesoro Gold Limited reported a challenging first quarter with significant cash outflows but has secured a substantial $11.1 million funding commitment to support ongoing exploration and operations.

Jade Gas Holdings has successfully drilled two production wells at Mongolia’s Red Lake gas field, confirming significant coal bed methane potential and preparing for imminent production. The company is advancing commercialisation talks with CNG manufacturers to capitalise on early gas flows.

Northern Minerals Limited reported a $5.8 million cash outflow from operations in Q1 2025 but bolstered its balance sheet with a $42.5 million equity raise, ending the quarter with nearly $30 million in cash.

Waratah Minerals Limited disclosed a quarterly cash outflow of AUD 1.757 million driven by exploration and staff costs, ending March 2025 with AUD 2.436 million in cash. The company plans a capital raise to sustain ongoing drilling at its Spur Project.

Rapid Lithium Ltd completed a $2 million entitlement capital raising and progressed key US and Canadian projects targeting lithium and strategic metals amid shifting global supply dynamics.

Stockland’s 3Q25 update highlights steady progress on its Waterloo Renewal Project and solid sales in masterplanned communities, supporting maintained FY25 earnings guidance.

Native Mineral Resources Holdings Limited reported a $3.2 million net cash outflow from operations in Q1 2025 but strengthened its balance sheet with a $4.52 million capital raising post-quarter.

Li-S Energy Limited reported solid progress in its March 2025 quarter, advancing a key collaboration with Kea Aerospace to integrate lithium-sulfur batteries into high-altitude UAVs, while strengthening its board and maintaining a healthy cash position.

Icon Energy Limited has received a Notice of Proposed Grant for Petroleum Lease PL-1144 in the Cooper Basin, marking a significant step toward resource development. Meanwhile, the company secured a $300,000 unsecured loan under revised terms, though its shares remain suspended pending native title negotiations and ASX approval.

Top End Energy Limited reported a mixed quarterly cash flow with operating and investing outflows offset by robust financing inflows, ending March 2025 with over five quarters of funding available.

Genmin Limited reported a net cash outflow in operating and investing activities for Q1 2025 but bolstered liquidity with a $3 million shareholder loan, ending the quarter with nearly $2 million in cash and equivalents.

Brookside Energy reported a 50% increase in Proved Developed Producing reserves and steady production in Q1 2025, while progressing preparations for a US listing on the NYSE.