Latest Capital Raises News

OZZ Resources moves closer to acquiring Sulphide Minerals and regaining ASX listing with a $5 million capital raise, while navigating legal challenges on key tenements.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Investigator Silver has moved the Paris Silver Project decisively from study to execution, bolstered by a strong cash position and key executive hires to drive development and financing.

Atomo Diagnostics reported a 40% increase in FY26 revenue to $5.3 million, driven by a surge in HIV self-test sales and new OEM customer orders. The company is advancing its syphilis and liver test developments while enhancing manufacturing capacity.

Forrestania Resources has secured 41.74% of Zenith Minerals shares in its ongoing takeover bid, urging shareholders to accept amid no competing offers and strategic regional moves.

Adisyn has confirmed a repeatable, industrial-scale graphene deposition process compatible with semiconductor manufacturing temperatures, while advancing exclusive radar absorption technology for drones with major partners.

Javelin Minerals confirmed continuity and expansion of its Eureka Gold Project resource with high-grade drill results, advanced permitting milestones, and expanded tenure at Coogee. A $1.5 million placement to mining executive David Geraghty strengthens the company’s cash position for upcoming exploration.

Syrah Resources moderated graphite output amid subdued ex-China demand, raised US$72 million to support ramp-up, and advanced Vidalia anode material towards commercial sales in H2 2026.

Catalina Resources has significantly expanded its Mid-West gold portfolio through strategic acquisitions funded by a $3 million placement, while advancing exploration with maiden drilling and promising assay results.

Careteq Limited (ASX: CTQ) has confirmed it will maintain its ASX listing after selling its Embedded Health Solutions subsidiary, shifting its strategic focus entirely to its HMR Referrals platform. The company reported positive operating cash flow in the March quarter and outlined plans to expand its pharmacist and GP networks while exploring AI and adjacent healthcare opportunities.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.