Latest Capital Raises News

Whitebark Energy has completed a critical soil gas survey in South Australia’s Officer Basin and unveiled a fresh evaluation of its Warro Gas Field, aiming to unlock new energy resources while exiting Canadian operations.

Kinetiko Energy has reported record gas flow rates from its Brakfontein test wells, renewed critical exploration rights, and signed a joint venture to develop a pilot LNG plant, marking a significant step towards commercial gas production in South Africa.

Somerset Minerals reports robust Phase-1 and Phase-2 drilling results at its Coppermine Project, confirming high-grade copper mineralisation and expanding potential depth targets. A $4 million capital raise supports ongoing exploration in this vast Canadian copper belt.

Inhalerx Limited tapped $247,000 from a $38.5 million funding facility to support its clinical trials, while reporting a $310,000 cash burn in operating activities for the September quarter.

Australian Oil Company Limited reports stronger gas production in California’s Sacramento Basin and an $800,000 capital raise to advance new ventures and operational upgrades.

Recce Pharmaceuticals has commenced patient dosing in its pivotal Phase 3 trial for diabetic foot infections in Indonesia, supported by promising antibacterial efficacy data and extended funding arrangements.

North Stawell Minerals has successfully closed its equity raising initiative, securing a total of $2.42 million to fuel exploration and project development across its key gold assets.

Tolu Minerals has secured a $60.5 million capital raise and appointed Dr Chris Muller as CEO, setting the stage for a production restart at Tolukuma Gold Mine in the second half of 2026 alongside a major drilling program.

BMG Resources reports encouraging drill results and advances a scoping study at Abercromby, while Bullabulling drilling confirms multiple gold lodes and potential resource expansion. A recent $600,000 placement supports ongoing development.

Locate Technologies proposes a scheme to migrate its listing from ASX to NZX, enabling continuation of its Bitcoin Treasury Strategy without ASX restrictions. The move aims to broaden investor base and enhance shareholder value.

Tombador Iron Limited is set to transform into Atomic Eagle Limited through its acquisition of GoviEx Uranium Inc, creating a new ASX-listed uranium explorer focused on Africa’s Muntanga Project. A capital raise of up to A$10 million will underpin this strategic pivot.

Complii FinTech Solutions reported a 4.9% year-on-year increase in annual recurring revenue, progressed a major CRM system upgrade, and secured a $1.217 million R&D rebate in Q1 FY26, while managing cash flow pressures.