Latest Administration News

Southern Cross Gold Consolidated Ltd has successfully arranged a C$143 million private placement, positioning the company to accelerate development of its Sunday Creek Gold-Antimony Project in Victoria, Australia.

MetalsTech Limited has made significant progress on its Sturec Gold Mine project in Slovakia, advancing the Pre-Feasibility Study and raising A$3.3 million to fund development and strengthen its balance sheet.

Paterson Resources reports strong metallurgical results from its Grace Gold-Copper Project, confirming high gold recoveries and free milling characteristics. The company is progressing a scoping study and preparing for a new drilling campaign and mining lease application.

8common Limited reported a record Q3 FY25 SaaS and transaction revenue of $1.1 million, alongside a 33% reduction in operational costs, supported by technology upgrades and a $1.5 million financing facility.

Po Valley Energy delivered steady gas output from its Podere Maiar-1 well in Q1 2025 while progressing multi-well drilling applications and a 3D geophysical survey in Italy. The company maintains robust cashflow and a solid financial position as it awaits key regulatory approvals.

Conico Ltd reports ongoing negotiations to resolve a significant legal dispute in Greenland and outlines strategic updates for its Mt Thirsty battery metals project, alongside plans for a capital raise to support future growth.

Prominence Energy reported steady progress on its uranium remediation and gas exploration projects while managing costs amid a constrained cash position. The company is poised to unlock value from key assets as it navigates funding challenges.

Environmental Clean Technologies Limited has commissioned batch-scale granulation equipment and produced its first 12 tonnes of COLDry Fertiliser, while securing $1.75 million in capital through placements and convertible notes to support ongoing project financing.

NT Minerals Limited reported a cautious cash flow profile for the March 2025 quarter, with operating outflows offset by strategic financing, securing liquidity for the foreseeable future.

Cardiex reports strong early sales momentum for its CONNEQT Pulse device with approximately 3,000 units sold or contracted since its mid-January launch, supported by innovative app features and operational efficiencies. Despite regulatory delays in the US pharma sector and tariff challenges, the company is positioned for scalable growth and category leadership in preventative cardiovascular care.

AVADA Group Limited reported a seasonally subdued quarter ending March 2025 but achieved positive operating cash flow through disciplined cost reductions and operational efficiencies. A strategic review of its New Zealand operations is underway amid challenging market conditions.

Investor Centre Limited is advancing key capital raising negotiations while its subsidiary Pulse Markets grows its wholesale trading business, positioning the company for operational expansion in 2025.