Latest Liquidity News

Cadence Opportunities Fund has raised $5.7 million through a strongly supported share purchase plan and placement, increasing the company’s net tangible assets by 17%. The new shares will also qualify for upcoming fully franked dividends.

Gold Hydrogen has advanced Ramsay drilling, testing and commercial studies, but its annual report carries a material uncertainty over the company’s ability to continue as a going concern. The pre-revenue explorer ended FY2026 with $9.42 million in cash after spending heavily on exploration.

Novo Resources is positioning a A$8 million cash balance and A$37.54 million investment portfolio behind a broad Australian gold, copper and polymetallic exploration push. The strategy brings several drilling catalysts, but also a A$10 million deferred payment due in December and a heavy reliance on future exploration success.

Carnaby Resources’ proposed acquisition by Evolution Mining has moved closer to completion after ASIC registered the scheme booklet and Evolution waived the ACCC clearance condition. The scrip deal still requires shareholder and Court approval, with the vote set for 26 October.

Korvest has entered FY27 with record work on hand after completing a new 3,500 square metre Kilburn factory, even as FY26 profit and operating cash flow declined. The ASX-listed manufacturer maintained its 40-cent fully franked final dividend and plans another $4 million capacity investment.

Avantis Global Small Cap Value Active ETF delivered a 19.59% net return in its first reported period, comfortably ahead of its MSCI World Small Cap Value Index benchmark. The newly ASX-quoted fund finished with $19.687 million in net assets, but paid no distribution and offers no comparative year.

Kinatico will deploy up to $5 million of existing cash reserves to buy back as many as 43.2 million shares, arguing its current share price does not reflect the company’s underlying value. The on-market program is due to begin on 5 October and may run for up to 12 months.

Wildcat Resources has secured firm commitments for a A$60 million institutional placement to push Tabba Tabba into engineering, site establishment and construction readiness ahead of a definitive feasibility study targeted for later in 2026. The raise strengthens funding, but part of the share issue still requires shareholder approval and the financing does not establish a final investment decision.

WCM Global Growth has secured full underwriting for its $6.5 million Dividend Reinvestment Plan tied to a fully franked 2.35 cents per share final dividend. The issue price is due on 22 September, with the new shares scheduled for issue eight days later.

Argosy Minerals says laboratory-scale crystallisation testing has demonstrated a potential lithium chloride product yield above 99% at its 12,000-tonne-per-year Rincon project in Argentina. The results remove a key process uncertainty, but the project still depends on engineering completion, financing and a broader Definitive Feasibility Study.

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.

Right Resources has begun a fully funded 2,000-metre aircore program at its Blue Prospect near Tumbarumba, testing six tungsten and five gold anomalies for the first time below surface. Assay results are expected progressively during the December Quarter, but the campaign is exploratory and is not designed to define a Mineral Resource.