Latest It Compliance News

Simonds Group delivered a sharp FY26 earnings rebound, with NPAT rising 950% to $10.5 million as revenue, site starts and margins all improved. The annual report also flags a qualified sustainability reporting outcome and a new Western Australian venture that will require execution and cash.

Volt Resources securities will resume trading after the company outlined a funding plan worth approximately A$6.912 million and confirmed its ongoing ASX compliance. The restart comes with two Tanzanian mining licences cancelled, limited reported cash and a proposed A$1.5 million capital raising yet to be structured.

FBR’s first Mantis welding robot has passed factory acceptance testing and independent weld inspections, removing the key condition on its sale to Industrial Robotics. The machine will remain in Perth for a paid customer pilot before heading to the United States, with a $198,000 deposit secured.

Aspermont has acknowledged that a director’s initial interest notice was lodged around eight months late, after ASX raised possible breaches of its disclosure rules. The company blamed an administrative oversight and said it will tighten appointment procedures, but no penalty or formal breach finding was disclosed.

Antilles Gold’s significantly oversubscribed rights issue has expanded into a $3.45 million capital raising, giving the company additional funding while it seeks to lift US sanctions affecting its Cuban joint venture. The extra $900,000 is earmarked largely for La Demajagua drilling, but only if the sanction is removed.

InFocus is extending its Codexa platform from US sweepstakes gaming into licensed real-money online gambling markets, initially targeting Curaçao and crypto-native operators. Commercial availability is expected in early 2027, but the expansion still depends on product testing, regulatory registration and customer uptake.

West Wits Mining has received a second R236 million senior debt drawdown, taking total funding received for Qala Shallows to R575 million and supporting its claim that the project is funded through steady-state production. Underground development is accelerating, with stoping scheduled to begin in February 2027 and annual recovered gold targeted at 70,000 ounces by early 2029.

KGL Resources has received the second US$16 million payment from Wheaton, completing the early deposit for its Jervois copper project. The company says the broader funding package, combined with its A$300 million equity raising, covers construction and the path into production, although the remaining Wheaton tranches are conditional.

333D Limited (ASX:T3D) has told the ASX it is unaware of any undisclosed information that could explain a sharp rise in its share price and trading volume. The company offered no alternative explanation for the move, which took its shares from $0.035 to an intraday high of $0.064.

Alkane Resources has reported a transformational FY2026, with the Mandalay merger helping lift revenue to A$935.8 million and profit after tax to A$228.7 million. The enlarged gold and antimony producer has also declared its first dividend and approved a buy-back, while setting broadly stable production guidance for FY2027.

FirstWave Cloud Technology has secured an approximately A$1.06 million placement to fund sales conversion and the launch of Open-AudIT 7 and an AI fault-diagnosis product. The raise follows a sharp reduction in losses, positive operating cash flow and a lower cost base, but adds about 151.3 million shares to the register.

ASX has immediately suspended quotation of Antilles Gold’s AAUOD securities pending compliance with Listing Rule 2.5. The notice does not disclose the underlying compliance issue or indicate when quotation may resume.