Latest Loan Agreements News

Iperion reported a lower loss for the year ended 31 March 2026, but its cash reserves and net assets fell sharply, leaving the NZX-listed materials company reliant on related-party funding and director support. Its Pathoglaze manufacturing operation is also being moved from Malaysia to Singapore while customer trials continue.

Papyrus Australia has produced a second batch of TBS board samples, expanded pulp capacity in Adelaide and secured additional funding as it moves towards commercial supply. The progress comes with testing still incomplete and an estimated 4.87 months of funding available.

Critical Minerals Group has put a substantial economic case around its Lindfield vanadium project, but its FY26 accounts also flag a material uncertainty over funding. The company is targeting a 2027 investment decision while holding less than A$1 million in year-end cash and navigating a leadership change.

Critical Resources Limited has secured $1.6 million through a share placement to fund exploration across multiple jurisdictions and advance early-stage battery and thermal management technologies.

Papyrus Australia has arranged a further $500,000 in unsecured loan facilities from four sophisticated investors, with conversion to unsecured convertible notes subject to shareholder approval at the 2026 AGM.

MC Mining has locked in up to US$16 million in new funding from its controlling shareholder, Kinetic Development Group, through an $8 million unsecured bridge loan and a $16 million share subscription split into two tranches. The capital injection aims to back working capital needs and advance the Makhado Project, though shareholder approval remains a key hurdle.

Celsius Resources is locked in a legal standoff with Equinaire Holdings over a disputed Event of Default that could see Celsius’ 40% interest in Makilala Mining auctioned. A court-ordered freeze currently blocks foreclosure while arbitration looms.

Beetaloo Energy has pushed construction of its Carpentaria Gas Plant forward, maintaining schedule and budget for Q4 2026 commissioning, while its Carpentaria-5H well delivers steady gas flow with low decline rates.

Sena & Co, already holding 75.9% of 2 Cheap Cars, proposes a full takeover at NZ$0.80 per share, aiming to delist the company and compulsorily acquire remaining shares.

Conrad Asia Energy has locked in over 90% of its US$320 million Mako Gas Project contracts, maintaining its timeline for first gas in late 2027 while restructuring leadership and progressing Aceh PSC assets.

Papyrus Australia has tapped related party L39 Capital to lead a capital raise and secured an interest-bearing $200,000 loan from Irwin Biotech, with conversion into shares and options pending shareholder approval.

Minbos Resources has cleared key shareholder hurdles to secure a US$5 million loan from Banco de Fomento Angola, aiming to complement existing project finance and accelerate its Cabinda Phosphate Fertilizer Plant development.