Latest Working Capital News

My Rewards International has made strategic strides by acquiring Fly Wallet, enhancing its Mastercard-backed loyalty offerings, while preparing for ASX reinstatement through a $3.98 million entitlement offer and debt conversion plan.

Macro Metals Limited has progressed exploration at its Turner Iron Ore Project, secured a mining services contract in the East Pilbara, and completed key rehabilitation works, positioning itself for upcoming drilling and operational milestones.

Helix Resources has secured conditional agreements to earn up to 40% of the Gold Basin gold project in Arizona, while planning a resource update and expanded exploration. The company also reviewed its Australian Cobar assets and is preparing a capital raise to support ongoing operations.

Kuniko Limited has made steady progress in developing its Norwegian battery metals projects, securing refinancing and preparing a rights issue to fund its next growth phase. Key partnerships and innovative exploration technologies underpin its strategic repositioning.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project in Argentina, revealing strong economics with low upfront capital and rapid payback. The company also secured A$37.5 million in equity funding to advance development and strengthened legal protections for its Ecuador projects.

Oldfields Holdings reports constrained Q4 FY2025 sales due to limited working capital but signals a positive growth outlook for FY2026 following its strategic transformation and capital support.

Nutritional Growth Solutions reports a 13.6% revenue dip in Q2 FY25 but completes major CVS rollout and expands Walmart product range, improving cash flow and inventory.

West Cobar Metals has completed the acquisition of the Mystique Gold Project in Western Australia and reported a maiden inferred mineral resource at its Bulla Park copper-antimony deposit in New South Wales, while drilling assays from its Fraser Range copper-gold targets are pending.

I Synergy Group Limited has strengthened its equity base through multiple capital raises and entered a strategic AI collaboration framework with NASDAQ-listed Treasure Global Inc., signaling a pivot towards advanced technology infrastructure.

KNeoMedia reports steady progress toward ASX reinstatement, underpinned by successful capital raises and significant expansion of its KneoScience educational platform in partnership with the New York City Department of Education.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.