Latest Liquidity News

High Peak Royalties reported robust cash receipts and successfully repaid its Macquarie Bank facility in the December 2024 quarter, while advancing its geothermal exploration strategy in South Australia.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

Recce Pharmaceuticals has gained key regulatory and ethics approvals for its Phase 3 clinical trial in Indonesia and completed patient dosing for its Phase II trial, while securing a substantial A$6.75 million R&D tax rebate to bolster its financial position.

Mighty Kingdom Limited reported a 10% increase in quarterly game revenue to $1.3 million and a 60% improvement in net cash used in operating activities for Q2 FY25, supported by a new $1.2 million secured debt facility while awaiting $2 million in government incentives.

Santa Fe Minerals reports significant progress on its Watson's Well vanadium project and Challa gold project, highlighted by a detailed drone magnetic survey and upcoming drilling programs.

Challenger Gold Limited posted a $2.1 million net cash outflow for the December quarter amid heavy exploration spending but secured $6.6 million in fresh funding shortly after quarter-end.

Oakajee Corporation’s latest quarterly report reveals underwhelming gold and copper assay results from its Paynes Find project, raising questions about the effectiveness of current exploration methods under alluvial cover.

Nagambie Resources Limited reported a tightening cash position in its December 2024 quarter but maintains confidence in ongoing operations backed by over $1 million in available funding.

DGR Global Limited's December 2024 quarterly report reveals active exploration progress, ongoing legal disputes over Armour Energy, and strategic financing initiatives aimed at sustaining growth.

Simble Solutions reports a robust Q4 FY24 with a 117% jump in customer receipts and a strategic $280k capital placement, underpinning its growth in energy and sustainability software.

Bounty Oil and Gas NL reports steady cash reserves and rising oil production in Queensland, while facing regulatory setbacks offshore. The company’s strategic developments and entitlement offer position it for growth in 2025.

AXP Energy reports a 12% decline in oil production but a 9% revenue increase, driven by strategic gas-to-power initiatives and a new joint development agreement.