Latest Capital Raises News

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Equus Energy Limited launches a $15 million public offer to fund the acquisition and development of the Equus Gas Project in Western Australia, backed by conditional funding from Alcoa. The project boasts a large independently certified contingent gas resource, positioning the company to address looming supply shortfalls in domestic and LNG markets.

ActivEX Limited has raised $100,000 through a strategic share placement to Business Victor Investments, aiming to accelerate its exploration projects and strengthen working capital.

Torque Metals has raised $16.2 million through a $15 million placement and early option exercises, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

RocketDNA has secured approximately A$1 million in new orders from major mining clients, expanding its autonomous drone deployments and software services across Australia and Africa.

Truscott Mining Corporation has initiated a $1.44 million capital raise through a share placement accompanied by unlisted options, aiming to bolster its exploration and development efforts.

Neurotech International has locked in $4 million through a share placement to advance its promising paediatric neurological drug, NTI164. The raise, supported by both new and existing investors including company directors, aims to fund critical clinical and regulatory milestones.

Cassius Mining Limited has raised $1.16 million through a share placement to fund its Soalara project in Madagascar and support ongoing litigation in Ghana.

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia from Westgold Resources, gaining a 0.9 million ounce gold resource with significant expansion potential. The company is set to initiate a 50,000-metre drilling program funded by a $28 million placement, positioning itself for rapid growth in a Tier-1 gold jurisdiction.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.

North Stawell Minerals has expanded its soil geochemistry program at the Darlington Prospect, revealing a significant 600-metre offset in gold mineralisation and reinforcing the potential for high-grade deposits along the Darlington-Caledonia trend.