Latest Working Capital News

Tigers Realm Coal continues to face significant delays in selling its Russian subsidiaries due to prolonged government approval processes and challenging market conditions. The company is exploring alternative strategies as operational risks mount.

Javelin Minerals is advancing towards gold production at its Eureka Gold Project in Western Australia, targeting a June 2026 start under a new partnership with MEGA Resources. The company also identifies promising exploration targets at Coogee and maintains a solid cash position to support development.

AnteoTech has raised A$3.5 million through a discounted share placement to accelerate commercialisation of its advanced battery and life sciences technologies globally. The capital injection supports strategic partnerships and sales expansion in key markets including the US and India.

Australian Dairy Nutritionals Limited (AHF) is raising approximately $3.47 million through a pro-rata entitlement offer to accelerate its growth plans in China and enhance processing efficiency.

Highfield Resources has secured a A$10 million investment from existing strategic shareholders, extending its financial runway through early 2027 while awaiting a critical Spanish Supreme Court ruling on its Goyo mining permit appeal.

Michael Hill International reports a solid first half for FY26, with EBIT growth of 12-24% and a positive net cash position, driven by improved sales and operational discipline.

Waratah Minerals reports robust drilling results at its Spur gold project and launches an ambitious 80,000-metre drilling campaign in 2026, backed by a solid $28.6 million cash position.

Biome Australia Limited has delivered its strongest quarterly financial performance to date, with sales revenue surging 41% year-on-year to $6.5 million and maintaining eight consecutive quarters of positive EBITDA.

Atomos Limited has reported a robust Q2 FY26 with a 44% jump in revenue and its second straight EBITDA-positive quarter, signaling a promising turnaround. The company’s strategic product launches and debt reduction efforts underpin an optimistic outlook for the second half of the fiscal year.

Gold Mountain Limited has delivered a transformational quarter, confirming significant rare earth and lithium mineralisation in Brazil and securing $3.57 million in fresh capital to advance exploration.

Manuka Resources has successfully passed technical due diligence for a US$22.5 million loan from Nebari, paving the way for a silver and gold production restart at its Wonawinta and Mt Boppy projects.

Cynata Therapeutics has successfully raised $1.2 million through an At-The-Market equity raise, issuing shares at a discount to support its ongoing clinical programs. This capital injection aims to bolster working capital as the company advances its proprietary stem cell therapies.