Latest Working Capital News

Aldoro Resources has solidified its position in critical minerals with a major resource update at Kameelburg, revealing the world’s largest Strontium deposit alongside high-grade rare earth and niobium mineralisation, backed by robust Phase II drilling and metallurgical advances.

Key Petroleum Limited continued its push for Potential Commercial Area approvals for ATP 920 and ATP 924 while completing two share placements that bolstered its working capital. The company remains focused on securing tenure certainty and expanding its asset portfolio amid measured financial management.

Janus Electric has locked in A$7.7 million through a private placement to bolster its growth in the North American electric heavy vehicle market, following a surge in orders.

Piche Resources (ASX:PR2) has kicked off a $2.5 million non-renounceable entitlement offer to fund exploration in Argentina and potential acquisitions, alongside a key board change.

Activeport has raised $3.6 million through an oversubscribed placement led by top-tier investors including Antipodes Partners and Scobie Ward, bolstering its balance sheet to accelerate growth in network automation software.

Dalaroo Metals has completed the second tranche of its placement, raising $320,000 with direct investment from its board, boosting total funds raised to $1.75 million. The capital will accelerate exploration at its Côte d’Ivoire gold and Greenland rare earth projects.

MOVE Logistics has returned to profitability in FY26, delivering positive normalised earnings before tax alongside revenue growth and reduced net debt, despite ongoing challenges in its warehousing division.

MaxiPARTS upgrades FY26 operating profit guidance to $14.2 million, driven by strong cost control and a $9 million inventory reduction, while bolstering its executive team with key appointments.

Syrah Resources moderated graphite output amid subdued ex-China demand, raised US$72 million to support ramp-up, and advanced Vidalia anode material towards commercial sales in H2 2026.

Monvia Limited, an Australian SaaS provider for life insurers, is seeking to raise $17.5 million via an IPO on the ASX. The funds will support redemption of preference shares and fuel growth in existing and new markets.

Adslot Technologies, the troubled subsidiary of Adslot Ltd, has gained creditor backing to execute a Deed of Company Arrangement, aiming to satisfy non-related creditors while maintaining group control of its technology platform.

Codeifai Limited has secured $770,000 through a share placement, aiming to expand its AI capabilities into self-service SaaS and geospatial intelligence sectors.