Latest Working Capital News

Audalia Resources (ASX: ACP) is seeking to raise $450,000 through a placement of 15 million shares at 3 cents each, aiming to fund the Medcalf project’s progression and shore up working capital.

Adore Beauty has expanded its debt facilities with Commonwealth Bank, increasing total capacity to $25.2 million to support inventory growth and a new semi-automated distribution centre.

HyTerra has raised $1.95 million through its Shortfall Offer, issuing 139 million shares at 1.4 cents each to support upcoming production testing and drilling activities.

Greatland Resources has reported a 62% surge in its Group Ore Reserve to 5.0 million ounces of gold as of March 2026, driven by a 150% jump in the Telfer Ore Reserve to 1.8 million ounces following a major drilling campaign.

Buxton Resources has locked in over A$1.1 million from a UK-led placement to fund its upcoming exploration push at the Madman copper-gold project and other assets.

Altech Batteries has sold its non-core land in Meckering, Western Australia, for $950,000, boosting working capital while retaining mining rights. The sale also triggered a $500,000 bank guarantee tied to €2 million bearer bonds due in October.

Beonic Ltd has fully subscribed the shortfall placement from its recent pro-rata entitlement offer, with nearly 18 million shares set for issuance early next month.

1414 Degrees offers bonus Loyalty Options to shareholders alongside a $8.45 million capital raise aimed at advancing its clean energy projects, including the Aurora Energy Precinct and SiNTL commercialisation.

Skin Elements Limited has secured a $900,000 placement at a 25% discount to recent prices, bolstering its balance sheet to advance its natural biotechnology product range. The company also appointed Rod Nicholas as non-executive chairman and engaged Phoenix Global Investments for investor relations.

Cooks Coffee lifted UK and Ireland store sales 22.8% to NZ$95.8 million in FY26, with EBITDA up 14% to NZ$1.39 million. Despite operational growth and debt reduction, net liabilities and liquidity pressures raise material going concern doubts.

Pilot Energy remains suspended from trading as it pursues strategic funding for its Cliff Head Carbon Storage Project, securing $500,000 in short-term loans to support working capital.

Pacific Nickel Mines continues mining at Kolosori under Glencore finance while progressing a conditional sale of its Solomon Islands assets to Green Rock Limited.