Latest Working Capital News

Terramin Australia has announced a $38.3 million non-renounceable rights issue to fund key project developments and reduce debt, offering shareholders shares at a 20% discount.

Volt Resources has secured strategic funding and relocated its US operations to Alabama, advancing its graphite refinery ambitions while winning a key legal battle in Ukraine.

Kalamazoo Resources retains full ownership of its Ashburton Gold Project after Northern Star declines its acquisition option, accelerating a Scoping Study supported by record gold prices. The company also expands its footprint with the strategic Xanadu acquisition and secures $2 million in fresh capital.

Gathid Ltd reports a stable customer base despite a short-term dip in annual recurring revenue, while managing ongoing legal disputes and positioning for renewed growth.

Octava Minerals has secured a conditional acquisition of the Federation copper-zinc project in Tasmania and reported promising bioleaching results at its Byro rare earths and lithium project, underpinning plans for further exploration and development.

Cann Group Limited reported a near break-even net operating cash flow for Q1 FY2026 and achieved its first EBITDA-positive month, setting the stage for a major debt restructure that will significantly reduce its borrowings.

Activeport Group Ltd reported steady Q1 FY26 results with key project deliveries and a successful capital raise, positioning the company for accelerated growth across Asia and beyond.

Rand Mining Ltd has announced a fully franked dividend of 10 cents per share, reinforcing its commitment to regular shareholder returns while maintaining financial prudence.

Corazon Mining has made a decisive pivot to high-grade gold exploration in Western Australia, acquiring the Two Pools Gold Project and securing an option on Feather Cap, backed by a A$2 million capital raise.

Tribune Resources has announced a fully franked dividend of 20 cents per share, signalling confidence in its financial position while maintaining cautious discretion for future payouts.

Mindax Limited has taken a decisive step toward full ownership of the Mt Forrest iron ore project, executing an option to acquire Norton Gold Fields' stake and raising $1.6 million to accelerate development. The company is also advancing infrastructure plans and gold exploration in Western Australia’s Mid-West region.

Nelson Resources confirms high-grade gold assay results at its Yarri Project and partners with MEGA Resources to fully fund and manage development operations.