Latest Investment News

Norfolk Metals reports progress in its Orroroo Uranium and Roger River projects, unveiling new exploration targets and maintaining a solid financial footing with $2.66 million in cash.

Superior Resources Limited reports significant progress in its Steam Engine Gold Project and Bottletree Cu-Au-Mo Porphyry Prospect, while addressing assay errors that have delayed some results.

Kingston Resources Limited reported a $1.07 million net cash outflow from operating activities in the December 2024 quarter, maintaining a solid cash balance of nearly $9.9 million supported by a $15 million secured loan facility.

Nova Eye Medical Limited is raising A$6.6 million to strengthen its financial position following resolved supply chain disruptions, while reporting strong sales growth and nearing profitability in its glaucoma division.

Nova Eye Medical has completed a $6.6 million placement to fund growth initiatives, supported by strong global sales growth and a major shareholder commitment. The capital raise aims to bolster sales teams and product development as the company targets profitability in its glaucoma division.

Geopacific Resources reported a challenging quarter ending December 2024 with significant cash outflows, prompting a $40 million entitlement offer to secure funding for its Woodlark Project.

Aeris Environmental Ltd reported a 5% revenue increase to $766,000 in the December 2024 quarter, driven by strong margins and momentum in its AerisTech joint venture. The company’s expanding customer base and strategic partnerships signal promising growth in smart building solutions and consumables.

Allup Limited reports a challenging quarter with significant cash outflows from operations and investing, relying heavily on financing activities. The company is pursuing a $1.3 million entitlement issue to support ongoing feasibility work.

Aguia Resources has commenced underground mining at its Santa Barbara gold project and secured a key court victory for its Brazilian phosphate project, supported by a $1.5 million capital raise.

Australian Bond Exchange Holdings reports a halving of its operating cash flow shortfall in Q2 FY25, driven by a successful cost reduction program and the launch of a new market-linked security. The company is accelerating its AI initiatives to enhance compliance and transaction efficiency.

AGUIA RESOURCES LTD posted a $1.31 million net cash outflow for the December 2024 quarter, driven by exploration and evaluation expenses, while preparing for underground operations at its Santa Barbara Mine.

AustChina Holdings Limited has requested a voluntary suspension of its shares as it prepares to announce a significant acquisition, extending a prior trading halt to ensure orderly disclosure.