Latest Capital Raises News

AUCyber has received the full $486,592 placement subscription payment, plus accrued interest, from an entity associated with former CEO Peter Maloney. The company will now issue 1,621,973 shares without further shareholder approval.

TechGen Metals has outlined a funded exploration campaign spanning gold, copper and silver targets, with about A$3 million in pro forma cash and several assays due through late 2026. The strongest potential catalyst is John Bull, where step-out drilling could support a maiden Mineral Resource Estimate if results are positive.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

AngloGold Ashanti has completed a 2,659-sample soil geochemistry program at EcoGraf’s Golden Eagle project in Tanzania, with results now pending ahead of a planned drilling phase. The work forms part of a US$9 million farm-in while EcoGraf prepares separate exploration across a broader portfolio of gold and critical-minerals targets.

Terramin Australia has launched a partially underwritten $28.65 million entitlement offer to fund project development and reduce debt owed to major shareholder Asipac. The raise could also materially reshape the company’s ownership, while its prospectus flags a material uncertainty over its ability to continue as a going concern.

L1 Gold Fund has completed its retail entitlement offer, taking its latest equity raising to approximately A$375.4 million. L1 Group has also subscribed for A$42 million through the remaining shortfall offer, while the final allocation remains open.

Falcon Metals has confirmed high-grade gold and visible gold across a 750-metre strike at the Lotus Zone, including intercepts of up to 64.0g/t. The result keeps Blue Moon open to the north, while three diamond rigs continue testing the broader Bendigo-style system.

Atomic Eagle’s largest shareholder has irrevocably committed to exercise 35.1 million options, giving the uranium developer a potential $10.9 million cash injection before the options expire. The company says the proceeds could fund its Zambia and Niger growth strategy through 2028 without near-term equity financing.

Enova Mining reduced its half-year loss to $790,000, but an explicit going-concern warning puts future funding at the centre of its rare earth exploration story. The company ended June with $723,000 in cash while advancing several high-grade exploration targets across Brazil and Australia.

Atlantic Lithium has reported a year of major progress at its Ewoyaa lithium project, including Ghanaian parliamentary approval of its mining lease and a proposed US$210 million takeover by Zhejiang Huayou Cobalt. But the audited accounts also flag material uncertainty over funding if the scheme does not proceed.

Kalamazoo Resources is moving Ashburton from exploration story to development proposition, backed by a positive Mt Olympus Scoping Study and extensive drilling. The next test is whether the updated resource, feasibility work and funding can turn the project’s preliminary economics into a mineable plan.

Gorilla Gold Mines has lifted its reported Mineral Resource to approximately 2.0Moz of gold after a year of intensive Western Australian drilling. The gain comes with strong exploration momentum, but the company remains pre-revenue and expects to seek further funding.