Latest Capital Raises News

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

Sunstone Metals has reported a 33% increase in its Bramaderos gold-copper resource to 3.6 million ounces gold equivalent, alongside a maiden 1.2 million ounce resource at El Palmar. The company is gearing up for renewed drilling and advancing strategic partnerships.

Galan Lithium advances construction at its Hombre Muerto West project, targeting first lithium production in the first half of 2026, while strategically expanding its Greenbushes South tenure in Western Australia.

Norwest Minerals has entered a three-year At-The-Market equity subscription agreement with Dolphin Corporate Investments, unlocking up to $3 million in standby capital to support its Bulgera Gold project and ongoing operations.

VRX Silica Limited has locked in six binding offtake contracts totaling nearly 1 million tonnes per annum and appointed a new CEO, marking significant progress for its Arrowsmith North silica sand project.

GoldArc Resources has consolidated 100% ownership of the Mt Stirling gold deposit and activated a $2.5 million funding facility, kickstarting a diamond drilling program to advance mining plans.

Cambium Bio has locked in a A$2.4 million strategic investment from Zheng Yang Biomedical Technology, reinforcing its push into pivotal Phase 3 trials for its dry eye disease treatment.

Golden State Mining Limited has appointed a new board and managing director, completed a $1.5 million capital raising, and is advancing exploration with a disciplined approach focused on its Western Australian gold projects.

Identitii Limited has voluntarily suspended trading of its deferred settlement securities following a takeover dispute initiated by Mitchell Asset Management. The suspension awaits a critical announcement on the Takeovers Panel's decision.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.

AuKing Mining reports promising exploration results at Myoff Creek and steady progress at Koongie Park, while grappling with a failed Cloncurry acquisition and significant board changes.

Unico Silver’s December quarter saw exceptional drill results at its Joaquin project and a $50 million capital raise, propelling the company into pre-feasibility studies and strengthening its development outlook.