Latest Transformation News

Cannindah Resources has kicked off a 10,000-metre diamond drilling campaign at its Southern Porphyry Target, aiming to confirm a significant copper-gold system beneath Mt Cannindah. This ambitious program could redefine the company’s resource base and growth trajectory.

Ava Risk Group has announced a $7 million strategic investment from US-based Hale Capital to fuel its expansion into the US federal security market and accelerate product development. This partnership aims to position Ava as a global leader in critical infrastructure protection with a strong US presence.

DGL Group Limited has replaced its ANZ-led financing with a new $120 million facility from ScotPac, extending maturity and enhancing working capital flexibility amid ongoing management restructuring.

Lumos Diagnostics has secured a pivotal US FDA CLIA waiver for its FebriDx® test, vastly expanding its market reach and triggering milestone payments that bolster its US commercial rollout.

Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.

88 Energy has raised A$5 million through a heavily oversubscribed placement to advance pre-drilling activities for its high-potential Augusta-1 well in Alaska, targeting significant oil resources in the North Slope.

Global Laser Enrichment has secured a US$98.9 million incentives package from Kentucky authorities to advance the Paducah Laser Enrichment Facility, marking a major milestone in the US nuclear fuel cycle. This support, alongside a US$28.5 million Department of Energy award, underlines the growing momentum behind Silex Systems’ laser uranium enrichment technology.

CAR Group Limited has announced the issue price for shares under its Dividend Reinvestment Plan (DRP) at $23.409 per share for the FY26 interim dividend, reflecting recent trading activity.

Syrah Resources announces a major A$104 million equity raising alongside strategic funding proposals from US government bodies and AustralianSuper, aiming to strengthen its balance sheet and accelerate production at its Balama and Vidalia facilities.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

Orezone Gold reports solid Q4 and full-year 2025 results, completes a key hard rock plant expansion, and acquires the Casa Berardi mine, setting the stage for a significant production increase in 2026.

Cavalier Resources has signed non-binding term sheets for a combined US$13 million gold prepayment and A$5 million gold loan to fund the Stage 1 development of its Crawford Gold Project, significantly improving project economics and financial flexibility amid softening gold prices.