Latest Capital Raises News

Novo Resources has completed the first tranche of a capital raising, securing A$6.2 million, while announcing significant valuation impairments ahead of its 2025 financial report.

Emperor Energy has won a crucial 24-month extension on its Vic/P47 exploration permit, securing tenure for the Judith Gas Field offshore Victoria and allowing more time to complete environmental approvals and funding arrangements.

Spenda Limited has successfully raised $1.4 million through a private placement, supported by both new and existing sophisticated investors, including key directors. The funds will fuel the company’s commercialisation efforts and strengthen its working capital position.

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Green360 Technologies has successfully raised $4.5 million to back the commercial rollout of its Eco-Clay low-carbon cement product, aiming for market entry in the first half of 2026.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.

Pilot Energy has locked in a $25 million equity subscription facility with US-based LDA Capital, aiming to fast-track its carbon storage and data centre projects while reducing funding risks.

Horizon Minerals has taken a decisive step to fast-track its Black Swan Processing Hub by ordering critical long lead items, underpinning its transformation into a 2.2Mtpa gold processing facility near Kalgoorlie.

Greenwing Resources has updated its Que River Project scoping study, reflecting a sharp rise in metals prices that boosts projected cash flows to nearly double previous estimates. The company is advancing regulatory approvals and exploring strategic partnerships to capitalise on these improved economics.

Deep Yellow Limited has firmly denied recent media speculation about a capital raising, reaffirming its compliance with ASX continuous disclosure rules.

Power Minerals Limited has had its trading suspension lifted following a significant announcement of a material acquisition and capital raising, signaling a pivotal moment for the mining explorer.

Kuniko Limited’s initial diamond drilling at the Commonwealth-Silica Hill Project has intersected significant massive sulphide mineralisation, confirming down-plunge continuity and prompting an accelerated Phase II drilling campaign backed by fresh funding.