Latest New Ventures News

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.

Moho Resources has completed the sale of its Empress Springs Project, securing an initial payment of $408,500 with a deferred $300,000 to follow next year, reinforcing its asset optimisation strategy.

Australian Wealth Advisors Group (AWAG) has completed strategic investments in Oneledger Group and B2B Invest, positioning itself for a net profit before tax exceeding $900k in 2026.

Peak Rare Earths Limited has voluntarily suspended trading of its shares pending a significant announcement on potential corporate and capital raising transactions expected by 16 May 2025.

VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.

Heavy Minerals Limited is on the cusp of releasing its Port Gregory Garnet Project Pre-Feasibility Study, while simultaneously exploring a promising new industrial minerals opportunity and advancing funding efforts.

Moho Resources has amended the sale terms of its Empress Springs Project with Qld Aus Graphite, replacing a royalty agreement with upfront cash payments totaling $708,500. Completion is expected soon, pending final conditions.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Triangle Energy’s Becos-1 exploration well in the Perth Basin has been plugged and abandoned after failing to find hydrocarbons in economic quantities, yet the company remains optimistic about future prospects and well-funded for upcoming ventures.

Noble Helium Limited has announced a sweeping board and executive reshuffle following pressure from major shareholders, signaling a strategic reset aimed at strengthening its financial footing and advancing its Tanzanian helium projects.

GWR Group is actively pursuing a transformative transaction in Western Australia while maintaining a robust cash and investment position of $53.6 million. The company underscores its confidence in tungsten amid tightening global supply.