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Recharge Metals ended FY2026 with $5.61 million in cash after a $5.97 million capital raise and the acquisition of the Sunset Well gold project. The explorer now faces a sharper test: whether drilling can turn Prospero’s 94,500-ounce inferred resource and its broader exploration portfolio into something more substantial.

Verity Resources has expanded its Monument gold story in Western Australia, but the explorer’s stronger resource base sits alongside a sharply higher annual loss, A$4.67 million operating cash outflow and a material uncertainty over its ability to continue as a going concern. The company finished FY2026 with A$1.05 million in cash and more than A$2.39 million of exploration commitments due within a year.

Odessa Minerals has expanded its Western Australian exploration targets and ended FY2026 with $3.66 million in cash, but its annual loss nearly doubled as equity-based payments increased. The company is now preparing a maiden 10,000-metre air-core program while remaining dependent on future funding and exploration success.

European Lithium reported a A$930.6 million FY2026 profit, but the headline result was dominated by a A$1.276 billion accounting gain after losing control of Critical Metals Corp. The company now heads towards an October vote on a merger that would fold its cash, CRML stake and mineral assets into a single NASDAQ-listed group.

Lightning Minerals has more than doubled its annual loss after writing off $4.16 million of lithium exploration assets, while its auditor flagged material uncertainty over the company’s ability to continue as a going concern. The ASX-listed explorer is now concentrating its limited resources on Queensland and New South Wales gold and copper projects.

Charger Metals has reduced its FY2026 loss and secured $3.75 million from the sale of Bynoe, giving the lithium explorer more room to advance its Lake Johnston assets. The company’s Medcalf resource now stands at 10.6Mt, although further drilling and funding will be needed to test its economic potential.

Benjamin Hornigold Limited (ASX:BHD) delivered a 9.93% portfolio return in FY2026 but still posted a $420,931 loss after $565,697 in legal fees. Two settlements worth $2.6 million were received after year-end, while an $8.97 million judgment against JB Markets was assigned no value.

AI-Media has set FY27 targets for ARR of $44 million to $46 million and announced an on-market buy-back of up to 20.8 million shares. The combination gives shareholders a clearer scorecard for growth and capital allocation, but neither the guidance nor the full buy-back is guaranteed.

Battery Age Minerals finished FY26 with stronger cash reserves and drilling progress across Austria and Argentina, but warned that further funding or asset realisations are needed to sustain planned exploration. The company reported a $4.97 million loss, including a $2.60 million non-cash charge linked to its diluted Eminence Minerals holding.

Mammoth Minerals expanded its Nevada exploration portfolio and drilled more than 21,000 metres at the Buster Trend, but its FY2026 report also highlights a material uncertainty over its ability to continue as a going concern. The company posted a larger loss and remains dependent on future equity funding to sustain exploration.

Desane Group Holdings reported a sharp FY26 profit decline as lower property revaluation gains and higher finance costs overwhelmed largely stable rental income. The ASX-listed property group enters FY27 with more cash, conservative gearing and two developments that now need to convert asset value into earnings.

Lanyon Investment Fund Active ETF (ASX:LNY) reported a sharp turnaround to a $30.3 million operating profit for the year ended 30 June 2026, driven overwhelmingly by gains on listed investments. Net assets rose to $146.2 million despite continued investor redemptions and a lower distribution than the prior year.