Latest Shareholders News

Cann Group’s September quarter delivered a sharp increase in revenue and exports as its Mildura GMP facility gained traction in Europe. But with just $49,000 in cash, $626,000 of undrawn debt capacity and an estimated 0.9 quarters of funding, the recovery still depends on collections and further financing.

Cauldron Energy has completed its 10,506-metre Yanrey drilling campaign, extending uranium mineralisation around Manyingee North and South while preparing an updated JORC resource estimate. The exploration progress comes with a tighter funding position, with $2.43 million in cash and less than two quarters of cover on the company’s stated calculation.

Reliance Worldwide Corporation has cleared a key court hurdle in Brookfield’s proposed acquisition, with shareholders now scheduled to vote on 4 December. The court order allows the meeting to proceed, but does not approve the takeover itself.

Carbonxt is forecasting at least A$22 million of FY27 revenue after securing larger customer orders, but the growth plan remains tied to a delayed Kentucky facility and shareholder approval of a proposed balance sheet restructure. Cash stood at just A$0.7 million after a A$1.0 million operating outflow in the September quarter.

Surefire Resources has identified more than 5km of prospective gold corridor at Yidby and begun planning RC and diamond drilling, but ended September with just A$351,000 in cash. The exploration push comes alongside a proposed A$2.61 million capital raising and an estimated 1.11 quarters of funding at the quarter’s cash burn rate.

TZ Limited reduced net operating cash outflow to $275,000 in the September quarter, but ended with just $185,000 in cash against $5.055 million of drawn debt. The company says it has received funding proposals from more than one party, though no transaction has been completed.

McPherson’s has entered FY27 with first-quarter sales about 11% below the prior corresponding period, after a disappointing FY26 loss and a costly operating transition. The company says EBITDA growth remains achievable, but its transformation now faces a test of execution and leadership change.

Dotz Nano has secured commitments for a A$2 million placement while proposing to acquire PRF Technologies’ GridFeed software for US$1 million paid over 21 months. The move would broaden its energy strategy from building-level cooling optimisation into renewable generation, storage and grid analytics, but the deal and much of the commercial pipeline remain conditional.

Lion Selection Group’s FY2026 profit fell sharply from the prior year, but its Australian resources portfolio continued to expand, with post-tax NTA reaching 109.6 cents per share by 30 September. The investment company says its portfolio is positioned for an early-stage mining boom, while market valuations and unresolved litigation remain key risks.

NoviqTech says its Great Barrier Reef biochar project has passed harvesting, laboratory and Isometric eligibility assessments, while a potential offtake could cover at least 70% of planned credits. But the company ended September with A$151,000 in cash, an estimated 2.57 quarters of funding and no guarantee of returning to the ASX.

Eden Innovations opened FY27 with US sales more than doubling to US$381,612, led by a sharp rise in OptiBlend orders and expanding EdenCrete plant installations. The company ended September with A$4.3 million in cash and no third-party debt, but still used A$892,000 in operating cash during the quarter.

Spenda reported a sharp quarter-on-quarter improvement in operating cash flow, backed by A$4.2 million in annualised savings and a leaner workforce. But with A$876,000 in cash and an estimated 2.1 quarters of funding at the latest burn rate, the turnaround still has little room for delay.