Latest Working Capital News

Challenger Gold Limited has doubled its mineral resource estimate in Ecuador to 9.1 million ounces gold equivalent, positioning its assets among South America's largest undeveloped gold resources, while making significant progress on its Hualilan Gold Project in Argentina towards mining and toll milling readiness.

HALO Technologies reports solid quarterly revenue growth and nears completion of a $6.75 million capital raise, while progressing its UK wealth management platform launch and preparing to introduce Managed Funds in Australia.

Tasman Resources has progressed its Lake Torrens IOCG joint venture with Fortescue, expanded geophysical surveys, and outlined plans for a multi-target drilling campaign at Parkinson Dam, supported by a $3.68 million entitlement offer.

Oldfields Holdings Limited reports solid progress in Q3 FY2025, driven by strategic transformation, debt reduction, and a robust sales pipeline supporting a positive outlook for the second half of the year.

Nanoveu Limited has completed its strategic acquisition of EMASS, advancing its foothold in ultra-low-power AI-driven edge computing. The company also strengthened its leadership team and secured additional capital to fuel growth.

Australian Pacific Coal advances commissioning at Dartbrook with wash plant refurbishment underway and secures additional $14 million senior debt to support production ramp-up.

AdNeo Limited reports a positive operating cash flow for Q3 FY25, driven by a 60% surge in customer receipts and cost savings exceeding targets. Strategic SaaS contracts and platform upgrades underpin its growth trajectory.

Globe Metals & Mining has signed two non-binding MOUs covering up to 100% of Phase 1 production at its Kanyika Niobium Project, while finalising its updated Bankable Feasibility Study is delayed to June 2025. The company also secured additional short-term funding to support ongoing development.

Nex Metals Explorations Ltd reported steady progress on its Kookynie Tailings Project, completed capital raisings, and is exploring new gold opportunities overseas, signaling a strategic growth phase.

Pro-Pac Packaging reported a $6.2 million revenue decline for the March 2025 quarter and extended a key $13 million short-term finance facility with Bennamon Pty Ltd to March 2026, while continuing a strategic review focused on profitability and funding.

Cardiex Limited reported a $2.06 million cash outflow for Q3 2025 but is driving cost savings and new revenue streams while planning a capital raise to reach positive cash flow.

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.