Latest Capital Raises News

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

AuKing Mining has raised $1.177 million through a two-tranche share placement and signed a $5 million convertible loan facility with RiverFort Global Capital to support its Cloncurry Gold Project acquisition and development.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Trigg Minerals Limited has had its trading suspension lifted following the release of a material capital raise announcement, signaling renewed investor interest and potential growth opportunities.

Trigg Minerals has raised A$12.5 million from institutional and strategic investors to accelerate development of its Antimony Canyon Project in Utah, positioning itself as a key supplier in the US critical minerals market amid soaring antimony prices.

Macarthur Minerals has updated the timetable for its pro-rata renounceable rights issue, providing shareholders with more time to participate in the A$2 million capital raise. The offer terms remain unchanged as the company awaits regulatory approval for a supplementary prospectus.

Universal Biosensors has signed a non-binding term sheet for an A$8.5 million senior secured loan with Viburnum Funds, alongside plans for an equity raising. The move comes with governance shifts, including a director resignation to avoid conflicts.

BPH Global has launched a focused R&D collaboration with Temasek Polytechnic to develop seaweed-based bio-stimulants aimed at boosting growth and yields in Southeast Asia's oil palm and rice sectors. Early talks are also underway for a production facility in Indonesia to commercialize these innovations.

Pilot Energy has issued $600,000 in convertible notes under a previously approved $1.8 million facility with Discovery Investments, correcting a minor contractual reference without altering terms.

SRJ Technologies Group has voluntarily suspended its ASX trading as it prepares for a pivotal capital raising and shareholder meeting to secure its financial future.

Kinterra Capital has lodged a formal application with the Takeovers Panel, contesting Central Asia Metals’ takeover tactics and $10 million placement in New World Resources. The dispute raises questions about market fairness and control of the mineral explorer.

Vitasora Health has secured approximately A$11 million in capital to accelerate its expansion in the US remote patient monitoring market, highlighted by an upgraded contract with TPAC covering 15,000 patients. The company targets a USD 18 million annual recurring revenue run-rate by late 2026.