Latest Capital Raises News

FIN Resources has raised A$3.75 million to fund a maiden diamond drilling program targeting shallow, high-grade gold at its newly acquired Cabin Lake Gold Project in Canada’s Northwest Territories. Drilling is set to begin in early March 2026, aiming to validate historic results and explore new targets along a 15km mineralised corridor.

GreenHy2 Limited has raised nearly $1 million through a strategic share placement aimed at expanding its PowerSafe Sodium-Ion and Lithium-Ion battery offerings. Part of the placement awaits shareholder approval at the upcoming AGM.

American Uranium Limited has upgraded its U.S. trading status to the OTCQB Venture Market, enhancing liquidity and accessibility for North American investors. This move supports the company’s strategy to expand its U.S. shareholder base and increase visibility for its flagship uranium project in Wyoming.

Kincora Copper has reported promising initial results from its Phase 1 drilling at Nevertire, prompting an expansion of exploration activities and recommencement of drilling to target multiple porphyry centres.

Miramar Resources has secured an exclusive six-month option to acquire the underexplored South Ashburton gold, copper, and antimony project in Western Australia’s Ashburton Basin, adding a promising asset to its Gascoyne portfolio.

Raptor Metals has intersected multiple zones of visible copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, reinforcing confidence in the resource base and setting the stage for further exploration.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.

Legend Mining’s latest exploration at the Pinnacle Well Project reveals compelling geophysical and geochemical signals that enhance gold prospectivity at the Alpha North prospect, setting the stage for targeted drilling.

Talga Group has lodged a detailed prospectus for issuing attaching and piggyback options to recent Placement and Share Purchase Plan participants, potentially raising up to A$32.7 million upon exercise. The move supports its battery anode production scale-up and international expansion plans.

MEC Resources has successfully closed its Options Placement Offer, raising $359,162 through strong shareholder support. The fully subscribed offer sets the stage for the company’s next development phase.

Orange Minerals NL is advancing exploration in two proven mineral belts, targeting gold in Ghana's Sefwi Gold Belt and base metals in Western Australia's Pilbara region, with key drilling results and ownership milestones expected soon.

Tungsten Mining has completed a $53 million placement, oversubscribed by institutional investors, positioning the company to accelerate development of its key tungsten projects. The funds will support exploration and feasibility studies with results expected later this year.