Latest Capital Raises News

Axtec has proposed fintech founder Andy Taylor as its next Managing Director and CEO, pairing the appointment with a A$1 million share placement and a plan to expand beyond real estate payments. The leadership change remains conditional on Taylor completing his cornerstone investment and finalising employment terms.

Ocean Sciences has secured firm commitments for a $700,000 placement to fund its Indonesian seaweed operations, innovation centre and research pipeline. The raising comes with a substantial package of options, while a further loyalty offer could add to the company’s future capital structure.

Torque Metals has extended high-grade mineralisation beyond the current resource at HHH, including a 1.1-metre interval grading 89.64 g/t gold. The ASX-listed explorer is now preparing to add a third rig after completing a $25 million capital raising.

Pathkey.AI says an independent expert used its Chipforge platform to turn written specifications into working FPGA hardware without assistance from the company or manual code changes. The validation comes as Chipforge moves into pre-production customer work, but 88.5 million performance rights will also vest and the company’s benchmark comparisons remain internally generated.

First Lithium has secured three-year renewals for its Gouna and Faraba exploration licences in Mali, removing the stated hold-up to its maiden JORC resource. The company now faces a more familiar challenge: funding the next phase while seeking ASX re-admission.

Northstone Resources has entered voluntary suspension while it finalises a proposed capital raising, with an announcement expected by 5 November 2026. The size, pricing, structure and potential dilution remain undisclosed.

Arbitr Group has proposed a A$4.86 million capital raising to fund an organisational reset and push into enterprise AI, while warning that non-participating shareholders could face about 43% dilution. The plan also targets A$2 million in recurring annual cost savings and a calendar 2026 release for its Enterprise AI Context Engine.

Felix Gold has secured $7.25 million in placement commitments at a 14.3% discount and will seek a further $1 million from eligible shareholders. The funds will support mine permitting, refinery studies, drilling and resource work, but part of the raise still requires shareholder approval.

Centaurus Metals has completed CNGR’s US$12.5 million first investment, taking cash received for the Jaguar Nickel Project to US$25 million alongside Glencore’s placement. The second tranche remains conditional on shareholder approval, a final investment decision and, for CNGR, Chinese regulatory clearance.

BOA Resources has completed its maiden 46-hole RC program at Ricci Lee with high-grade copper results across two lodes, including a 23-metre intersection at 2.65% copper. The mineralisation remains open at depth and to the north, with diamond drilling planned to begin in November.

Cynata Therapeutics has completed its $912,962 entitlement offer and secured firm commitments for a further $550,000 placement. The second raise still requires shareholder approval and will bring additional shares and options into an already heavily funded capital structure.

Percheron Therapeutics has lodged a prospectus for up to 280 million options linked to its earlier $2.3 million placement, with the securities carrying a $0.01 exercise price and expiring in April 2028. The filing raises no meaningful cash on issue, but could provide up to $2.8 million if all options are later exercised while adding a potentially dilutive layer to the capital structure.