Latest Capital Raises News

Alice Queen Limited (ASX – AQX) is set to raise $1 million through a two-tranche share placement accompanied by free-attaching options, alongside a bonus loyalty option offer to existing shareholders.

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Broken Hill Mines has raised $38.5 million through a strongly supported placement to accelerate exploration and development at its Rasp and Pinnacles mines, aiming to boost production and capitalise on high silver prices.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.

PlaySide Studios reported a tough FY25 with a 25% revenue drop and a $7.4 million EBITDA loss, prompting a swift restructure. The company is optimistic about FY26, driven by strong original IP titles and expanding external projects.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.

Coda Minerals has successfully closed an oversubscribed $8.3 million entitlement offer, securing strong shareholder backing to fast-track drilling and pre-feasibility studies at its Elizabeth Creek Copper-Silver Project.

Sarytogan Graphite Limited has obtained a US$2.2 million loan advance from a related party investor to accelerate its Definitive Feasibility Study on the strategically important Sarytogan Graphite Project in Kazakhstan.

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.

Maggie Beer Holdings has raised $3 million through a placement to Frisden Pty Ltd, linked to Maurice Crotti AO, and plans a $2 million rights issue to shareholders at the same discounted price.