Latest Development Activity News

Red Mountain Mining Ltd has announced a pro-rata non-renounceable entitlement issue of RMXO Options priced at $0.001 each, aiming to raise up to $193,499 to support its working capital needs. The offer, exercisable at $0.02 until May 2027, carries notable risks including dilution and going concern uncertainties.

Euro Manganese Inc. has bolstered its development of the Chvaletice Manganese Project with new financing and critical regulatory approvals, while progressing offtake discussions amid ongoing market uncertainties.

HomeCo Daily Needs REIT posted solid FY25 results with growth in funds from operations and distributions per unit, underpinned by strong portfolio valuation and operational metrics. The REIT’s FY26 guidance signals continued growth supported by a robust development pipeline and disciplined capital management.

Variscan Mines has successfully completed the initial phase of its $2.5 million capital raise, bolstering funds for advancing its Novales-Udias zinc-lead project in Spain.

Marimaca Copper Corp reported solid liquidity with $25.6 million in working capital and completed a C$24.4 million private placement, while managing ongoing challenges related to the liquidation of a key receivable from Minera Rayrock Ltda.

Duketon Mining’s inaugural drilling at the Killarney Gold Project reveals promising high-grade gold intercepts, setting the stage for further exploration and potential resource growth.

Arena REIT reported a robust 17% increase in net operating profit for FY2025, underpinned by strong portfolio management and development activity, while raising its distribution guidance by 5.5% for FY2026.

Energy Transition Minerals Ltd has issued over 238 million shares to OCJ Investment and updated its Share Purchase Plan timetable to raise up to $3 million, signaling a strategic capital boost.

Conrad Asia Energy is set to commence a major 3D seismic survey in its Offshore North West Aceh PSC, aiming to refine and expand its substantial gas resource base ahead of planned drilling and commercialisation efforts.

Conrad Asia Energy is set to commence a substantial 3D seismic survey in late 2025 over its Offshore North West Aceh gas assets, aiming to refine resource estimates and pave the way for future development including mini-LNG and power generation projects.

Resouro Strategic Metals reports a significant update to its Tiros project resource alongside a reduced quarterly loss, highlighting progress in its Brazilian exploration assets.

Tesoro Gold has successfully dismissed initial legal claims from joint venture partner Wanaco SpA and increased its ownership in the El Zorro Gold Project to over 90%, reinforcing its strategic position in Chile.