Latest Capital Raises News

Oceana Metals has more than doubled the confirmed rare earth mineralisation footprint at its Serra Negra project in Brazil to over 4.5 square kilometres. The result adds scale and several high-grade intervals, but 45 historical holes remain awaiting assays and true widths are not yet known.

WasteCo Group has extended the closing date of its share purchase plan by six days, allowing eligible shareholders until 30 September to apply for new shares. The company has not disclosed the level of applications received or the eventual funds to be raised.

Thrive Tribe Technologies is developing WooBoard CARE, a free-to-use directory intended to help Australian veterans find allied health providers accepting DVA Veteran Cards and taking new clients. The initial build targets physiotherapy and psychology across the Gold Coast, Brisbane and Ipswich, with providers potentially paying subscriptions for verified listings.

Vinyl Group grew FY26 revenue by 31% and nearly halved its net loss, but auditors flagged a material uncertainty over the company’s ability to continue as a going concern. The ASX-listed media group is now relying on acquisition-led growth, higher margins and possible future funding to reach profitability.

FOS Capital has completed a $1.55 million placement at $0.12 a share, giving the lighting and electrical services group fresh funding for growth initiatives. A further $310,000 director subscription remains subject to shareholder approval.

Cadence Opportunities Fund Limited (ASX:CDO) delivered a record $5.66 million after-tax profit and a 30.3% fund return in FY2026. The listed investment company is entering the new year with elevated cash, reduced gold exposure and a discounted share purchase plan underway.

Zinc of Ireland has transformed from a small Irish zinc explorer into a metals technology developer, acquiring Meclex, raising A$5.5 million and advancing ARGO and VOLTA. The opportunity is substantial, but both technologies remain uncommercialised and the VOLTA partnership requires formal renewal.

Cambium Bio has secured firm commitments for a conditional A$7.1 million placement, taking its proposed funding package to A$10.85 million for the pivotal Elate Ocular Phase 3 program. Completion depends on three inter-conditional shareholder resolutions at the company’s expected November AGM.

Investigator Silver has used FY26 to move the Paris Silver Project from feasibility study toward development, backed by A$58.8 million in cash and a maiden ore reserve. The company still faces the harder tests of permitting, financing and construction before its projected silver production can become reality.

Pengana International Equities has settled Supreme Court proceedings and agreed steps aimed at ending a related Takeovers Panel application, clearing a path for its buy-back and strategic reset. Antipodes will manage the portfolio under a new Board led by interim chairman Frank Gooch after the transaction.

HiTech Group has secured a $4 million placement to fund working capital after completing its acquisition of selected Hudson assets. The deal creates a larger national recruitment platform, but also leaves the company managing higher payroll demands, new debt and unfinished customer novations.

ION Video has secured an oversubscribed $4.25 million placement to fund independent trials of its video technology, with directors and management committing a further $1.2 million subject to shareholder approval. The capital will be used to test whether ION’s architecture can deliver measurable technical and financial benefits in real operating environments.