Latest Capital Raises News

Activeport’s Q1 FY27 revenue rose 18% to A$1.72 million as software sales more than doubled, while a completed restructure promises A$2 million in annualised savings. The sharper growth story arrives with a pressing funding question: quarter-end cash covered only 0.7 quarters of reported operating outflows.

Macro Metals lifted mining services work performed to approximately A$2.8 million in the September quarter as its first BHP Mt Goldsworthy package ran ahead of schedule. The operational progress comes alongside a thin A$392,000 quarter-end cash balance, followed by a proposed A$3.28 million funding package to accelerate Pilbara exploration.

Superior Resources has expanded its Queensland exploration portfolio and advanced the Steam Engine gold project, but its annual report carries a material uncertainty over going concern. The company ended June with $1.31 million in cash after a $2 million placement and says further funding will be needed to continue exploration and development.

ARC Funds has acquired a 3% stake in Ausbiz Wealth using proceeds from a $250,000 share placement, but ended September with just $265,000 in cash and no undrawn facilities. The company says it plans to raise further capital while an $800,000 related-party loan matures on 31 December.

Somerset Minerals has completed its first drill campaign at Talisker in Nunavut, uncovering high-grade copper-silver mineralisation and extending the interpreted system across about 1.6km. The exploration result is encouraging, but the company ended September with A$1.057 million in cash and reported funding coverage of just 0.35 quarters at its recent spending rate.

Marmota’s 2026 annual report charts a rapid expansion from a single gold focus to a multi-asset exploration portfolio, led by more than 2km of high-grade Greenewood and Mainwood mineralisation. The company finished the year with A$14.36 million in cash after a A$15 million placement, but remains firmly in the exploration stage.

Critical Minerals Group has begun the first drilling campaign for its Lindfield vanadium project DFS, after securing the full PFS mine-plan area. But with A$246,000 in cash at 30 September and just 0.3 quarters of funding on the reported burn rate, the study’s next phase remains dependent on fresh capital.

Riversgold has lodged the final major operating proposal for its Northern Zone gold project near Kalgoorlie, with MEGA Resources committed to fund mining under a 50/50 profit-sharing arrangement. But the explorer ended September with $465,000 in cash, equivalent to just 0.63 quarters of funding on its reported burn rate.

Alvo Minerals has expanded its Bluebush heavy rare earth project in Brazil, with new ground, encouraging clay intercepts and Florence drilling advancing toward a maiden resource. But quarter-end cash of A$227,000 covered only 0.28 quarters of reported outgoings before a subsequent A$1 million placement and option exercises.

Enterprise Metals has formalised Phillip Gallagher’s executive chairman appointment and increased the second tranche of its placement to approximately $880,000. The package ties his potential equity incentives to share-price, resource and strategic milestones, but both the placement and incentives require shareholder approval.

Provaris Energy advanced DNV approval work for its 25,000 cubic metre LCO₂ tank and completed further stages of its hydrogen prototype during the September quarter. The technical progress came alongside a funding push, with $777,000 in cash at quarter-end and an oversubscribed $914,500 share purchase plan completed after the period.

Peak Processing has kept Group EBITDA positive for a second consecutive quarter while reducing operating cash outflow by about 79% to A$317,000. The improvement comes with lower quarterly revenue, A$813,000 of cash and fully drawn debt facilities, leaving execution in the December quarter crucial.