Latest Capital Raises News

Flagship Minerals’ review of Anglo American’s drill data at the Pantanillo Gold Project in Chile reveals robust down dip gold mineralisation and many drill holes ending in mineralisation, supporting a fast-tracked JORC resource upgrade and significant growth potential.

Peninsula Energy has completed a fully underwritten A$69.9 million equity raising, positioning the company to accelerate uranium production at its key Lance Project in Wyoming.

Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.

Carnegie Clean Energy has successfully raised $2.116 million through a Share Purchase Plan, fueling key wave energy projects and global business development efforts.

Helix Resources has successfully raised close to $2 million through an oversubscribed rights issue and a follow-on placement, positioning the company to accelerate drilling and resource estimation at its White Hills and Gold Basin projects.

Rapid Critical Metals has agreed to sell its Ingersoll project and completed the sale of Tin Mountain, both in South Dakota, to Iris Metals, receiving a mix of shares and cash payments.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

ABx Group has raised A$3 million through a well-supported share placement to advance its Deep Leads heavy rare earths project in Tasmania, aiming to complete key studies and expand exploration.

Alternative Investment Trust (AIQ) has successfully completed a 1 for 1 non-renounceable rights issue, issuing over 23 million new units and significantly increasing its cash reserves.

Alligator Energy has applied for ASX quotation of its Placement Options, set to trade under the ticker AGEOD, following shareholder approval at the recent EGM. The company has released detailed top holders and distribution data as part of the listing process.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.