Latest Capital Raises News

Flynn Gold’s maiden drilling at the Grenadier Prospect in northeast Tasmania confirms shallow, high-grade gold mineralisation with continuous quartz-sulphide veins. The discovery opens new exploration avenues within the Golden Ridge Project.

RocketDNA has raised $4 million through a well-supported placement to accelerate production and software development, following significant contract wins with mining giants BHP Mitsubishi Alliance and Gold Fields.

Loyal Metals has raised $3.5 million in a well-supported placement, extending its funding to $8.2 million to accelerate drilling and advanced exploration at the Highway Reward Copper-Gold Mine.

West Cobar Metals has raised $1.5 million through a discounted share placement to fund key exploration and testwork at its critical minerals projects, signalling renewed momentum in its development pipeline.

Panther Metals Ltd has announced a non-renounceable rights issue to raise $817,000, primarily to fund exploration at its Laverton Gold Project and other assets. The move reflects strong board confidence with key directors fully participating.

Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.

JAYRIDE Group Limited is advancing its transformation into a scalable Mobility-as-a-Service platform, securing new funding and expanding its SaaS footprint across the Asia-Pacific region.

Eastern Metals is progressing its acquisition of Raptor Resources and has agreed to sell its Browns Reef Project, while planning a $4-5 million capital raise pending shareholder approval.

Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.

Golden Cross Resources Ltd (GCR) reports steady progress on its flagship Copper Hill copper-gold project and maintains a diversified exploration portfolio across Australia, despite ongoing ASX suspension. The company is actively preparing for mining lease applications and seeking investment partners to unlock project value.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

Bayan Mining and Minerals has refined its rare earth element targets at the Desert Star Projects in California through detailed geophysical surveys, setting the stage for imminent drilling. The company’s integrated approach highlights structural controls similar to the nearby Mountain Pass district, boosting confidence in the project’s potential.