Latest Shareholders News

Artemis Resources has mobilised a diamond drill rig for its first holes at the undrilled Cassowary copper-gold target, although weather has already disrupted the timetable. The company ended September with $6.653 million in cash and fresh government co-funding for the Madura program.

Mantle Minerals is changing the geological model at Carlton Hill, moving away from shallow stratiform targets towards potentially structurally controlled zinc-lead and copper mineralisation. The explorer ended September with A$5.232 million in cash and says its current spending rate represents 31.59 quarters of funding.

Fitzroy River Corporation has finished the September quarter with A$24.96 million in cash after monetising its Bowdens Silver royalty, while a New Zealand court case could determine whether it still holds a potentially more valuable Snowy River royalty. Weeks royalty receipts declined year on year, leaving the company reliant on asset sales and future project milestones for its next phase.

Jameson Resources has nearly doubled its targeted capital raising to A$9.73 million, giving the Crown Mountain steelmaking coal project a larger funding runway as its final environmental application moves towards submission. The company ended September with A$8.322 million in cash and is targeting an environmental certificate in the first half of 2027.

Papyrus Australia says its second production-scale board run delivered significantly improved internal test results, with samples now sent to TBS for acceptance testing. The progress is tempered by a reported $365,000 cash balance, $447,000 in unused facilities and estimated funding for just 1.51 quarters.

Precinct Properties will no longer pursue its Auckland Downtown Car Park redevelopment under current market conditions, citing higher interest rates, inflation and construction risk. The decision unlocks a NZ$103 million capital distribution, a buyback of up to NZ$50 million and a lower FY27 dividend.

DigitalX ended September with $60.7 million in cash, digital assets and investments, no debt and a completed $3.1 million share buy-back. The company is seeking approval for another 120 million-share buy-back while weighing AI and blockchain acquisitions.

Cosmo Metals is moving towards maiden drilling at its high-grade Mona copper-gold-silver prospect while new results outline broad gold mineralisation at Kanowna in Western Australia. The exploration momentum comes with a funding constraint: cash at quarter end covered only 0.71 quarters of reported outgoings before a post-quarter placement tranche was received.

Bubalus Resources ended September with $2.76 million in cash, but its next major move is a conditional acquisition of Tasmania’s Skyline Copper-Gold Project backed by a proposed $3.0 million capital raising. Existing exploration remains constrained by heritage, land access and regulatory hurdles.

Sprintex has moved its €25.71 million Mest Water order book into commercial manufacturing after receiving A$1.3 million in customer payments. The progress comes alongside a sharply constrained funding position, with A$166,000 in cash and estimated funding of just 0.17 quarters at September-end.

Unity Metals has disclosed that three directors failed to lodge notices after unlisted options expired in May, exposing a wider compliance lapse than first identified. The company says no securities were traded and has introduced tighter monitoring controls.

Yowie Group has entered FY27 with US$71,000 in cash, a 35% drop in US gross sales and a fully drawn A$4 million working capital facility. The confectionery maker is pursuing an approximately A$6 million two-tranche capital raising while its ASX quotation remains suspended.