Quarterly Activities Report & Appendix 4C Cash Flow Report

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Stock SSH Group Ltd (SSH.ASX)
Release Time 30 Oct 2025, 8:14 a.m.
Price Sensitive Yes
 SSH Group Posts 17% Revenue Growth, Secures Strategic Placement
Key Points
  • $2.53 million strategic placement from Xinhai Mining Services
  • $2.75 million placement completed with institutional and sophisticated investors
  • Revenue growth of 17% compared to prior corresponding period
Full Summary

SSH Group Ltd (ASX:SSH) released its September 2025 Quarterly Activities Report and Appendix 4C, highlighting strong operational and financial performance. The company recorded unaudited revenue growth of 17% compared to the prior corresponding period, reflecting the sustained momentum of its vertically integrated operations. Key milestones included the commencement of site preparation works at the Mt Fisher Gold Project for High-Tech Metals Ltd (ASX: HTM) and the execution of a Profit Share Mining Agreement with HTM for the Wagtail Deposit. SSH also successfully completed a $2.75 million equity placement, which was well supported by institutional and sophisticated investors, providing additional capital to accelerate growth across its operating divisions, support project mobilization and execution, pursue strategic opportunities, and strengthen working capital. Subsequent to the end of the quarter, SSH announced a $2.53 million strategic placement secured through a firm commitment from Xinhai Mining Services, which will result in Xinhai holding approximately a 15.5% equity interest in SSH. The partnership with Xinhai aligns SSH's 'Hire | Mine | Own' model with Xinhai's global EPC + M + O framework, enhancing SSH's technical depth and access to international mining and processing expertise. SSH enters the December quarter with solid operational traction, a strengthened balance sheet, and a robust pipeline of project opportunities, including the continued advancement of the Mt Fisher and Wagtail projects toward production readiness, execution of additional Mining Services and Profit-Share Agreements, and the progression of major mining tenders.

Outlook

SSH remains focused on disciplined growth across its Hire | Mine | Own pillars, capturing value through vertical integration and sustainable expansion in Western Australia's mining sector. Key priorities for Q2 FY26 include the continued advancement of the Mt Fisher and Wagtail projects toward production readiness, execution of additional Mining Services and Profit-Share Agreements, and the progression of major mining tenders currently under evaluation.