Latest Shareholder Approval News

Felix Group Holdings grew FY26 revenue and contracted ARR after acquiring Nexvia, but operating losses and cash outflows widened sharply. The ASX-listed software company is now relying on a post-year-end capital raising while it narrows its strategy to Australia and New Zealand.

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.

Golden Mile Resources has reported broad, high-grade surface gold results at its Aurora prospect in Arizona, including 2.38g/t over about 126 metres. The exploration momentum comes alongside a $2.41 million annual loss, $609,757 in cash and an explicit warning that further funding is required.

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.

KGL Resources says its Jervois copper project is funded through construction and ramp-up after a US$300 million Wheaton agreement and a post-year-end A$300 million equity raising. The company is now targeting a final investment decision in the second half of 2026 and first copper concentrate in 2028, while its annual report highlights the execution risks still attached to that timetable.

Wildcat Resources has entered FY27 with a $60 million placement, a $37.2 million year-end cash balance and its Tabba Tabba lithium project advancing towards a definitive feasibility study. The funding strengthens the development runway, but final investment approval, financing and approvals remain ahead.

Silver Mines has built a substantially larger economic case for Bowdens, but the project still needs NSW approval before its 93.5 million ounce reserve can become a mine. The company is now funding the next phase with a A$70 million placement while absorbing dilution and a major royalty buy-back.

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.

Accelerate Resources enters FY2027 with high-grade manganese targets at Woodie Woodie North and new gold zones at Balagundi, but a sharp annual loss and ongoing funding needs remain part of the story. The company plans maiden and follow-up drilling while seeking shareholder approval to rename itself Mango Metals.

Ark Mines has reported a FY2026 profit after receiving Queensland-backed funding, while its Sandy Mitchell rare earths resource expanded to 379.4 million tonnes after year end. The project now has development approvals and commercial-grade testwork behind it, but no Ore Reserve or mining decision yet.

Athena Resources has expanded its Byro Magnetite Project resource to 76.3 million tonnes and begun drilling at Narryer, the prospect earmarked for potential early development. The progress came with a $1.11 million FY2026 loss, a non-binding joint venture and fresh funding still supporting an exploration-stage business.

Enova Mining has launched a 1-for-4 entitlement offer at A$0.001 a share to raise up to A$495,152 for exploration and working capital. The modest raising sits alongside a proposed A$2 million placement and potential Caraubas acquisition issues that could materially expand the share count.