Latest Capital Raises News

Kincora Copper has received a US$1.5 million non-refundable option payment from Tumen Ail Coal, marking a significant step toward divesting its Mongolian subsidiaries. The staged US$10 million deal supports Kincora’s shift to focus on Australian projects and its project generator model.

Island Pharmaceuticals has appointed Mark Herzog as Senior Global Health Security Advisor and secured roles in key Medical Countermeasures Coalition groups, boosting its US biodefence engagement ahead of pivotal Galidesivir Animal Rule studies.

Aland Equity Group (ASX: AEG) has locked in long-term funding rights over major NSW and ACT-area developments, marking a strategic pivot into property funds management with a pipeline exceeding 4,200 residential lots and 100,000sqm of commercial space.

Provaris Energy, alongside Kawasaki Kisen Kaisha (K LINE) and Norwegian Hydrogen, has formalised a cooperation to develop a commercial hydrogen shipping supply chain from Norway to Northern Europe, focusing on cost modelling and charter terms for compressed hydrogen transport.

Viridis Mining has lodged the critical Installation Licence for its Colossus Rare Earth Project in Brazil, clearing a key regulatory hurdle that unlocks construction and brings the company closer to a Final Investment Decision targeted for the second half of 2026.

Yowie Group has increased its secured working capital loan facility with Keybridge Capital from A$2.5 million to A$3.5 million, maintaining the maturity date at 31 August 2026. This latest amendment reflects ongoing efforts to shore up liquidity amid operational challenges.

Neometals’ latest geophysical survey at Barrambie reveals several high-priority copper drill targets near historic workings, setting up a June drilling campaign.

Miramar Resources has kicked off auger drilling at its Chain Pool Project in Western Australia, targeting high-grade copper-lead-silver mineralisation at the historically significant Joy Helen prospect. The program aims to define the extent of SEDEX-style mineralisation over a 300m strike with potential for extensions and parallel zones.

LinQ Minerals has delivered a standout shallow copper-gold intercept at its Monza prospect within the Gilmore Project, confirming promising mineralisation in a key 17km porphyry corridor in New South Wales.

Great Western Exploration is set to begin a 3,000m air core drilling campaign at its Diorama copper-gold target in Western Australia, marking a key step in its broader Yerrida North Project exploration.

Whitefield Income Limited is tapping shareholders for up to A$108 million through a discounted entitlement offer, reinforcing its commitment to steady dividend income amid solid financial performance.

Jindalee Lithium has launched a non-renounceable entitlement offer priced at A$0.46 per share, including attaching options exercisable at A$0.60, aiming to raise capital by early June 2026.