Latest Market News

Fleetwood Limited closed FY26 with a cash balance of $61.5 million, significantly above prior guidance due to accelerated receipt of major customer payments.

Neu Horizon Uranium Limited, formerly Tasmania Data Infrastructure, has pivoted from bitcoin mining to uranium exploration in Sweden, reporting a reduced loss for FY25 while progressing towards an ASX listing and expanding its footprint into Canadian mineral claims.

Cann Group has boosted its private credit loan facility by $2 million to facilitate the early redemption of convertible notes, maintaining its debt restructuring momentum.

Dataworks Group has arranged a $1.5 million unsecured working capital facility with a three-month term and 18% interest, aiming to strengthen liquidity and support ongoing and new commercial contracts without diluting equity.

Audalia Resources has secured $450,000 through a placement of 15 million shares at 3 cents each, aiming to push its Medcalf project closer to production while maintaining working capital.

Echelon Resources has finalised its exit from Cue Energy Resources following Horizon Oil's takeover, converting its Cue shares into cash and Horizon stock while cutting debt.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

Excite Technology Services has raised $3.26 million through a share placement priced at 0.6 cents each, accompanied by free-attaching options pending shareholder approval. The Managing Director will convert $500,000 of debt into equity on matching terms.

Archer Materials has raised $7 million through a placement and launched a $3 million share purchase plan, backing its strategic partnership with IonQ to develop sovereign quantum computing in Australia.

Enlitic has locked in binding commitments for a conditional A$15 million capital raise alongside a convertible note conversion, setting the stage for a clearer path to cashflow break-even and accelerated rollout of its SaaS platform.

EMC Gold appoints Agne Ahlenius as CEO, reinforcing its strategic pivot to Spain with leadership focused on advancing the Salave Gold Project’s permitting and stakeholder engagement.

Germany’s Hesse State Office has issued new GMP guidance that questions the viability of fragmented medicinal cannabis supply chains, reinforcing ECS Botanics’ integrated manufacturing approach and potentially tightening market supply.