Latest Ipos News

Parbo Resources has completed a $5 million IPO raise ahead of a proposed ASX listing, giving the pre-revenue explorer fresh funding for its Western Australian projects. Its FY2026 accounts show a $187,285 loss, $2.29 million in cash at year-end and $1.31 million in capitalised exploration assets.

LE Minerals has amended its proposed $20 million sale of three Queensland graphite projects after ASX flagged promoter and classified-asset rules that could lock up consideration shares. The cash component may now range from $2 million to $5 million, while shareholder approvals and MBM’s proposed IPO remain key execution hurdles.

FMR Resources will sell its Fairfield copper-gold project to unlisted MFM Resources for $200,000 in MFM shares, subject to approvals, due diligence and MFM securing a proposed ASX listing. The deal marks a sharper concentration of FMR’s resources on its Chilean portfolio, but leaves shareholders exposed to the uncertainty of a future IPO and a non-cash consideration.

Innovaero Technologies is seeking A$40 million through a proposed ASX listing to advance its OWL loitering munition program and expand manufacturing capacity. The replacement prospectus also makes clear that the company remains loss-making and heavily dependent on the Department of Defence converting development work into production orders.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

Fulcrum Lithium has promoted Chief Operating Officer Scott Keenan to Managing Director, placing the executive who led its Alkali Flats discovery in charge of the company’s next project phase. The appointment comes with a $360,000 annual salary and a proposed 4 million performance-rights package subject to shareholder approval.

Daly Resources ended FY2026 with $11.05 million in cash after its $12 million IPO, but reported a $3.63 million loss dominated by share-based remuneration. The ASX-listed explorer has no defined mineral resources or ore reserves and must now convert its exploration portfolio into results.

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

WhiteRock Lithium has sharply reduced a prospectus accounting adjustment after determining 11.8 million unexercised warrants should not have been remeasured. The correction comes as the newly ASX-listed explorer reports a C$3.19 million after-tax loss and more than C$33 million raised in 2026.

Exultant Mining has reported its first consolidated annual results since listing, recording a $1.526 million loss and holding $3.50 million in cash at 30 June 2026. Exploration has advanced across Black Hammer and Peak View, but the company remains dependent on future funding and assay results to justify its portfolio.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.

Computershare delivered solid FY26 results with revenue up 4.6% and management EPS rising 8.6%, supported by growth across core businesses and disciplined cost management. The company increased its final dividend by 29% and outlined CEO pay changes to align with global peers.