Latest Leverage News

Macro Metals Limited accelerates its transformation into a diversified mining services company through a $4 million strategic placement, a majority Indigenous-owned joint venture, and key asset acquisitions in Western Australia.

PVW Resources has made significant progress in its Brazilian rare earths exploration at the Capão Bonito project, while also announcing the appointment of Lucas Stanfield as its new CEO. The company continues to focus on critical minerals and gold projects across multiple jurisdictions.

Genesis Resources Limited has completed its acquisition of full ownership of the Silgen joint venture controlling the Plavica project in North Macedonia, while preparing for follow-up drilling in its Australian tenements amid ongoing environmental studies.

MetalsTech Limited has secured a $5 million working capital facility and engaged Mining One to complete a Pre-Feasibility Study for its Sturec Gold Mine in Slovakia, following an updated Scoping Study that reveals strong project economics.

Electro Optic Systems (EOS) has completed the divestment of its EM Solutions subsidiary for $158.6 million, wiping out all borrowings and positioning itself with a strong cash balance of approximately $128 million. The company is actively pursuing significant defence contracts and expanding its manufacturing footprint.

RooLife Group Ltd (ASX:RLG) reports a remarkable 144% jump in Q2 FY25 sales revenue, driven by new online stores and strategic market entries into China and India. The company’s own branded health and wellness products are central to its growth strategy.

Emyria Limited reports strong progress in its MDMA and psilocybin-assisted therapy programs alongside a successful $2.525 million capital raise, positioning the company for expanded mental health treatment services.

Pilot Energy Limited has announced a substantial 58% increase in the carbon storage capacity of its Cliff Head project, alongside securing $6.3 million in capital and advancing a joint venture for Direct Air Capture technology.

Tambourah Metals reports significant high-grade gold assay results from its Pilbara projects and secures government grants to accelerate drilling programs across multiple prospects.

Electro Optic Systems has completed the sale of EM Solutions for $158.6 million, exceeding initial valuations, and fully repaid its debt to Washington H. Soul Pattinson, leaving the company debt-free with a strong cash position.

Bass Oil Limited reported a 27% drop in quarterly revenue amid natural production declines but highlighted promising developments in its Kiwi gas field project in the Cooper Basin.

Alvo Minerals reports a 7.2Mt copper-equivalent resource at Palma and promising rare earth element drill results at Ipora, while launching a contracting division to offset costs.