Latest Capital Raises News

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Lindian Resources has successfully arranged a A$5 million options underwriting with Petra Capital, reinforcing institutional confidence as the options near expiry.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Group 6 Metals Limited has updated its quarterly cash flow report, excluding certain financing from working capital calculations, while confirming sufficient funding and forecasting improved operational cash flows.

Altamin Limited has locked in $753,000 through a share placement to cover part of its entitlement offer shortfall, attracting sophisticated investors from the UK and Australia.

Globe Metals & Mining has completed a significant A$8.67 million private placement, issuing shares and options to key investors to advance its Kanyika Niobium Project in Malawi.

Power Minerals Limited retracts non-JORC historical data for its Gamma Project in California while progressing critical mineral projects across three continents, supported by strong drilling results and fresh capital raises.

Spenda Limited has successfully raised $1.4 million through a private placement, attracting both new and existing sophisticated investors to support its product development and working capital needs.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Conico Ltd has raised $2.8 million through a share placement and entitlement offer, appointing Guy Le Page as Executive Chairman to steer its next exploration phase.

Liontown Limited has inked a binding two-year offtake agreement with Canmax Technologies for 150,000 wet metric tonnes of spodumene concentrate annually in 2027 and 2028, reinforcing its foothold in the lithium supply chain.