Latest Capital Raises News

LCL Resources reports promising trenching results at its Ubei project in Papua New Guinea, including a standout grab sample with nearly 8g/t gold, while advancing exploration and strategic options in Colombia.

Avecho Biotechnology advances its pivotal Phase III CBD insomnia trial with 160 patients dosed and secures $2.5 million to accelerate manufacturing and regulatory efforts ahead of a 2026 interim analysis.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

Omega Oil and Gas has bolstered its balance sheet with a $46 million equity placement and confirmed the strong commercial potential of its Canyon Project, setting the stage for a major appraisal campaign in 2026.

Blaze Minerals has mobilised drilling at its promising Loulombo Project in the Republic of the Congo, following exceptional base and critical metals sampling. Meanwhile, its Ugandan Ntungamo Project confirms new critical mineral discoveries, underpinning a recent $2.4 million capital raise.

Burgundy Diamond Mines reported a robust A$80.4 million net cash inflow from operations in Q3 2025, offset by significant capital expenditure on its Point Lake project and ongoing loan repayments.

Premier1 Lithium reports its first inferred gold Mineral Resource at Wadgingarra and a new high-grade gold discovery at Rochefort, alongside a $1.84 million entitlement offer to fund exploration.

Castle Minerals has completed a strategic acquisition to expand its Côte d’Ivoire footprint while reporting promising gold drill results in Ghana, supported by a strengthened Board and fresh capital.

Clime Investment Management has bolstered its balance sheet with a $2.3 million placement and launched a strategic product review amid evolving market dynamics and industry consolidation.

PVW Resources has advanced its Brazilian rare earth projects with promising drilling and metallurgical results, while securing a strategic acquisition of gold and silver assets in the US to diversify its portfolio.

Evion Group advances its Maniry Graphite Project in Madagascar and expandable graphite JV in India, backed by a strategic US investor and EU recognition. The company is poised to expand production and supply critical minerals to key global markets amid rising demand.

Venari Minerals has launched RC drilling at its Red Mountain Lithium Project aiming for a maiden resource by year-end, while Needles Gold Project drilling confirms promising gold-silver targets. A $5.5 million placement strengthens its exploration funding.