Latest Working Capital News

Norwood Systems has extended the repayment date on its key loan facility to August 2025, underscoring the critical role this funding has played in securing a major Optus contract and supporting its growth ambitions.

Redcastle Resources has unveiled a positive Scoping Study for its Queen Alexandra gold project, highlighting a high-return open pit operation with near-term production potential and robust economics at current gold prices.

Capstone Copper delivered record Q2 2025 copper production and adjusted EBITDA, underpinned by strong sulphide output and a key environmental permit for its Mantoverde Optimized project. The company reaffirmed full-year guidance amid ongoing growth initiatives and a strengthened balance sheet.

Laramide Resources has successfully closed a $12 million private placement, issuing 20 million shares to fund critical US permitting and corporate needs. The upsized capital raise includes insider participation and broker incentives, positioning the company for its next development phase.

EMU NL has advanced its Yataga Copper Project to drill-ready status with a maiden drilling campaign planned, while assessing monetization options for its Badja Gold Project amid ongoing corporate governance and privacy issues.

TasFoods reported a 19.9% revenue decline in Q2 2025 amid persistent poultry oversupply and discounted prices in Tasmania, while advancing strategic initiatives to stabilize operations and improve shareholder returns.

Alara Resources reports strong operational progress at its Al Wash-hi Majaza copper-gold project and promising exploration advances across multiple Oman concessions, supported by a $3.4 million capital raise.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.

Conico Ltd has resolved a key legal dispute and secured $1.4 million in convertible loans, setting the stage for a rights offer and share consolidation as it plans to resume trading.

Recce Pharmaceuticals advances its clinical pipeline with expanded Phase 3 trials in Indonesia and Australia, backed by a $15.8 million capital raise and a $30 million debt facility.

Alice Queen Limited has completed its maiden diamond drilling program at the Viani Project in Fiji, confirming continuous high-grade epithermal gold mineralisation to depths of 300 metres. The company also secured nearly $1 million in funding to advance exploration efforts.

Askari Metals has marked a pivotal quarter with strategic acquisitions in Ethiopia’s gold and copper sectors and advanced polymetallic exploration in Namibia, while securing fresh capital to fuel its African growth ambitions.