Latest Working Capital News

Nova Eye Medical reported a 20% year-on-year revenue increase in Q1 FY26, reaffirming its FY26 sales guidance and targeting breakeven EBITDA by June 2026 amid cautious commercial expansion.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.

Kingsland Minerals has successfully closed an oversubscribed Share Purchase Plan, raising A$543,000 to advance its Leliyn Graphite Project and exploration efforts.

Infinity Mining has raised A$1 million through a discounted placement to accelerate exploration in Victoria and advance its innovative mineral extraction partnership at the Cangai Project.

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

Volt Resources has raised $2.23 million through a share placement to fund the feasibility study and development of its high purity graphite refinery in Alabama, alongside advancing a pilot plant for ultra-high purity graphite.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Battery Age Minerals has successfully raised A$5.5 million to accelerate drilling and exploration across three continents, targeting strategic metals vital for future technologies.

City Chic Collective reports solid revenue growth driven by a 10% increase in ANZ sales and a resilient, profitable US business despite tariff challenges.

Almonty Industries posted a strong Q3 net income driven by rising tungsten prices and strategic financing, while advancing its flagship Sangdong Mine and acquiring new US exploration rights.

Almonty Industries reversed prior losses with a Q3 2025 profit, successfully listed on Nasdaq, and announced a strategic acquisition in Montana, expanding its tungsten footprint.

Premier1 Lithium has successfully closed an oversubscribed renounceable entitlement offer and follow-on placement, raising over $2.17 million to fund exploration at its key Western Australian projects.