Latest Capital Raises News

Securelink Networks has increased its stake in the PT&T joint venture to 50.1%, securing effective control, while its VSN Plus product gains strong traction in the Philippine market. The company also advances its ASX re-listing efforts amid ongoing cost reductions.

Marquee Resources has reported strong progress on its Mt Clement antimony and gold project with successful Phase 2 drilling and a strategic collaboration for metallurgical testwork, alongside a significant capital raise to fund ongoing exploration.

Kore Potash has made significant progress on its Kola Potash Project with key engineering tests and marine drilling underway, while advancing a Formal Sale Process and securing a $12.2 million capital injection.

Frontier Energy has secured 88.06 MW of peak capacity credits for its Waroona Project, guaranteeing around $32 million annually for five years, while raising $11.5 million to advance debt financing and project development.

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

Summit Minerals has acquired the high-grade Keystone Project in Nevada and raised over $1 million through a rights issue, setting the stage for a strategic rebrand to Western Ridge Resources.

Savannah Goldfields Limited reported a quarterly cash flow deficit but anticipates positive cash flow from resumed gold production and has extended its key loan facility to ease near-term pressures.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Resolution Minerals has announced a significant gold discovery at its Golden Gate North Prospect, marking a pivotal shift from exploration to development. The company also advances its critical minerals strategy with key acquisitions and a $25 million capital raise.

Gateway Mining has identified multiple large-scale gold targets across its Yandal projects, accelerating drilling programs backed by a strong capital position. New gold nugget discoveries and extensive geochemical anomalies highlight promising exploration momentum.

Axtec Limited maintains a steady cash position through strategic equity placements and cost reductions while advancing its PropTech platform and partnerships.

Panther Metals has advanced its Burtville East Gold Project with a robust scoping study and secured $817,000 in funding to support further drilling and a strategic review of its nickel-cobalt assets.