Latest Liquidity News

Key Petroleum has submitted eight PCA applications in Queensland and launched a rights issue to raise A$312,225, aiming to fund both domestic development and international expansion despite a cash balance of just A$20,000 at quarter-end.

Harris Technology Group reported steady Q3 FY25 sales of $3.3 million alongside a modest operating cash outflow, while successfully raising $1.5 million to fuel expansion in refurbished electronics.

Wingara AG Limited’s shares have been suspended from ASX trading following a transaction announcement that could alter its core activities. The suspension will last until the company meets key listing rule requirements.

Orpheus Uranium Limited has fortified its Australian uranium portfolio by acquiring the Pirie Basin Project and raising $1.25 million to fund upcoming exploration, positioning itself strongly in key uranium provinces.

Far Northern Resources has secured approval for a major drilling program at Bridge Creek and submitted a renewal for its Empire mining lease, maintaining a robust cash position after modest exploration spending in Q1 2025.

Revolver Resources has completed the SX-EW FEED for its Dianne Copper Mine Project, marking a key technical milestone and progressing towards a Final Investment Decision. The company also secured A$1.5 million through non-dilutive royalties, underpinning its funding strategy.

XTC Lithium Limited has signed a Letter of Intent with American Battery Materials to jointly develop its Carachi Lithium Project in Argentina, while divesting non-core assets to sharpen its focus on lithium exploration.

Betr Entertainment Limited reported robust Q3 FY25 results, showcasing strong quarter-on-quarter growth and strategic investments including a $15 million equity raise for the TopSport acquisition and a significant stake in PointsBet Holdings.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and to partially finance a proposed full takeover. The revised bid promises over $40 million in annual cost synergies and a flexible cash-scrip offer to PointsBet shareholders.

White Cliff Minerals has initiated a significant drilling campaign at its Rae and Danvers copper projects, revealing extensive visible sulphide mineralisation, while also advancing its balance sheet through the sale of the Reedy South Gold Project for A$1.2 million.

My Rewards International has completed its acquisition of Fly Wallet and strengthened its financial position with a $15 million put option facility, while working to lift its ASX trading suspension.

Avira Resources has significantly expanded its Tangadee Project in Western Australia and is preparing to drill three high-potential EM targets, while advancing its capital raising efforts to fund exploration.