Latest Working Capital News

Icetana AI has launched a fully underwritten renounceable entitlement offer to raise approximately A$2.65 million, aiming to bolster sales, marketing, and product development. The company is also nearing a potential $1.77 million deal linked to its Baghdad Safe City project in Iraq.

Trigg Minerals reports a 92% increase in its Wild Cattle Creek antimony resource and expands its NSW footprint with key tenement acquisitions, positioning itself strongly in the critical minerals sector.

NuEnergy Gas Limited reported a $279,000 net cash outflow from operations in Q4 2024, maintaining a solid cash balance of $4.89 million. The company continues to rely on loans and capital management to fund its coal bed methane exploration activities.

BPH Energy Limited's December 2024 quarterly report reveals strategic capital placements and investments in hydrogen and medical technology, alongside ongoing regulatory challenges with the PEP-11 permit.

Geopacific Resources has successfully closed a fully subscribed A$40 million entitlement offer, positioning the company to advance its Woodlark Gold Project with a major drilling program and updated feasibility study.

Range International Limited delivered a standout Q4 2024 with record sales revenue from its Re>Pal Indonesia operations, alongside improved margins and positive cash flow, signaling a robust turnaround.

NeuRizer Ltd has completed a $150,000 private share placement, issuing 100 million new shares to support its NeuRizer Urea Project and general working capital needs.

Bubs Australia has reported a strong Q2 FY25 performance with a positive EBITDA turnaround and robust revenue growth, while advancing its critical FDA clinical trial in the US.

Iluka Resources has exceeded its 2024 production guidance with robust zircon and synthetic rutile output, while advancing key projects and implementing cost-saving measures ahead of 2025.

Vinyl Group Ltd has successfully closed its retail entitlement offer, raising $7.65 million to complete the acquisition of Concrete Playground Pty Ltd and strengthen its cash reserves. The offer garnered strong support from shareholders, underscoring confidence in the company’s strategic direction.

Vinyl Group has successfully closed a fully underwritten retail entitlement offer, raising $7.65 million to complete its acquisition of Concrete Playground and strengthen its cash position.

Korvest Ltd’s first half of FY25 saw profitability pressures from operational setbacks and inflation, but a record order book and new major projects set the stage for a promising second half.