🕒 Thursday 30 January 2025 Thu, 30 Jan 2025
358 Articles
My Rewards Advances Klevo Card Launch Amid ASX Suspension and $15M Funding Facility
My Rewards International Limited reports steady progress on its B2B rewards platform and the soft launch of its Klevo MasterCard, while navigating ongoing ASX suspension and securing a $15 million financing facility.
30 Jan
Sophie Babbage
Leo Lithium Distributes $116M from Goulamina Sale, Eyes New Acquisitions
Leo Lithium has completed the sale of its remaining interest in the Goulamina Project, distributing over A$249 million to shareholders and restructuring its board as it pivots towards new asset acquisitions.
30 Jan
Maxwell Dee
Leo Lithium Secures $269M Cash Boost from MLBV Stake Sale
Leo Lithium Limited reports a robust cash position of $269.3 million following the sale of a 40% stake in MLBV, underpinning its financial strength amid ongoing operational expenditures.
30 Jan
Maxwell Dee
Strike Energy Secures $162M Credit Approval to Power South Erregulla Project
Strike Energy has obtained $162 million in credit approval from Macquarie Bank, advancing its $217 million financing package to refinance debt and develop the South Erregulla Power Project.
30 Jan
Maxwell Dee
Canyon Resources Accelerates Minim Martap with Major Drilling and CFO Appointment
Canyon Resources has completed an extensive drilling campaign at its Minim Martap Bauxite Project and appointed a new CFO, setting the stage for key resource updates and feasibility milestones in 2025.
30 Jan
Maxwell Dee
Taruga Advances Gascoyne Exploration with New Licenses and Strategic Moves
Taruga Minerals reports significant progress in Western Australia with new exploration license applications and ongoing copper project developments, alongside key corporate changes and a stable cash position.
30 Jan
Maxwell Dee
Strategic Elements Advances Early-Stage Ventures with $5.15M Cash Backing
Strategic Elements Ltd reports a robust cash position and progress across its portfolio of early-stage ventures, including the promising Energy Ink™ technology and autonomous vehicle applications in mining.
30 Jan
Sophie Babbage
Zinc of Ireland NL Expands Gold Focus with Murchison Licence Amid Strategic Portfolio Shift
Zinc of Ireland NL has applied for a new exploration licence in Western Australia's Murchison region, signaling a strategic pivot towards gold while refining its zinc and lead assets in Ireland and exiting Canadian holdings.
30 Jan
Maxwell Dee
OZZ Resources Unveils Positive Scoping Study for Maguires Reward Amid Quiet Quarter
OZZ Resources reports a promising scoping study for its Maguires Reward gold project, highlighting potential positive cash flow despite limited exploration activity during the December 2024 quarter.
30 Jan
Maxwell Dee
Activeport Sets Stable Revenue Base, Eyes Growth from GPU Orchestration Deal
Activeport Group Ltd reported steady revenue of $2.5 million in Q2 FY25, maintaining a stable cost structure post-restructure and positioning itself for growth through new projects and a significant GPU orchestration licensing deal.
30 Jan
Victor Sage
Advanced Health Intelligence Secures $6.45M Convertible Note from UAE Investor
Advanced Health Intelligence Ltd has locked in a USD$4 million convertible note facility with UAE-based KOR Investments LLC, aiming to raise up to AUD$10 million to fuel its MENA expansion and reduce debt.
30 Jan
Ada Torres
Newfield Resources Details Loan Drawdowns and Project Delays Amid Octea Dispute
Newfield Resources clarifies its $10 million loan facility status, postpones key sampling work, and updates on ongoing dispute with Octea Limited, signaling cautious navigation through financial and operational challenges.
30 Jan
Maxwell Dee
Miramar Resources Set to Resume Trading After Media Clarification
Miramar Resources Limited will have its trading suspension lifted on 31 January 2025 following the company’s response to a recent media article. This reinstatement marks a pivotal moment for investors awaiting clarity.
30 Jan
Maxwell Dee
Miramar Resources Clarifies Chairman’s Court Proceedings Amid Trading Halt
Miramar Resources has responded to media reports about court proceedings involving its Executive Chairman Allan Kelly, clarifying the company is not involved and requesting the ASX lift the trading halt.
30 Jan
Maxwell Dee
Premier1 Lithium Unveils High-Grade Gold Hits and Raises $1.5M for Yalgoo Drilling
Premier1 Lithium's latest quarterly report reveals multiple high-grade gold assay results at its Yalgoo Project and a successful $1.5 million capital raise, setting the stage for imminent drilling activities.
30 Jan
Maxwell Dee
Hastings Advances Rare Earths Ambitions with Saudi MOU and Strong Project Progress
Hastings Technology Metals has secured a strategic non-binding MOU with Saudi Arabia’s Ministry of Investment to explore a rare earths processing facility, while reporting encouraging developments at its Yangibana Project and maintaining solid financial footing.
30 Jan
Maxwell Dee
Hastings Technology Metals Faces $2.29M Operating Cash Outflow Amid Heavy Investments
Hastings Technology Metals Ltd reported a $2.29 million net cash outflow from operating activities in the December 2024 quarter, alongside significant capital expenditure and new borrowings, highlighting a critical phase in its project development.
30 Jan
Maxwell Dee
European Lithium Advances with Leinster Acquisition and Greenland Drilling Breakthrough
European Lithium Limited has made significant strides in Q4 2024, acquiring the Leinster Lithium Project in Ireland and reporting promising high-grade rare earth results from its Greenland drilling program.
30 Jan
Maxwell Dee
Mantle Minerals Uncovers Promising Hemi-Style Gold Targets at Mount Berghaus
Mantle Minerals reports encouraging drilling results confirming Hemi-style gold mineralisation at Mount Berghaus and Roberts Hill, setting the stage for expanded exploration in 2025.
30 Jan
Maxwell Dee
Global X Updates January 2025 Distributions Across Key ETFs
Global X Management (AUS) Limited has announced updated estimated distribution amounts for its Australian Bank Credit, NASDAQ 100 Covered Call, and S&P 500 Covered Call ETFs for the period ending January 31, 2025.
30 Jan
Claire Turing
Orbital UAV Goes Debt-Free Amid Engine Production Surge and R&D Advances
Orbital Corporation Ltd reports a strong quarterly update with 29 engines delivered, a debt-free balance sheet, and significant R&D grant funding supporting new engine development.
30 Jan
Maxwell Dee
QX Resources Reshapes Lithium Options and Advances Gold Targets Amid Tight Cash
QX Resources has renegotiated its lithium brine project options in the US to reduce upfront costs while expanding its footprint, alongside progressing promising gold exploration in Queensland. The company ends the quarter with a modest cash position, underscoring the need for careful capital management.
30 Jan
Maxwell Dee
Titan Minerals Secures $2.8M Underwriting Boost for Dynasty Gold Exploration
Titan Minerals Limited has entered an underwriting agreement with CPS Capital Group to cover a $2.8 million options shortfall, ensuring funding for its Dynasty Gold Project and working capital needs.
30 Jan
Maxwell Dee
Oakajee’s Paynes Find Drilling Falls Short, Alluvial Cover Challenges Persist
Oakajee Corporation’s recent auger drilling at the Paynes Find Gold Project yielded disappointing results, with low gold and copper assays suggesting the alluvial cover remains a significant barrier to effective sampling.
30 Jan
Maxwell Dee