Latest Capital Raises News

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

TechGen Metals has raised A$1.2 million through a strongly supported placement to accelerate exploration at its Blue Devil and Mt Boggola projects, setting the stage for drilling campaigns in late 2025.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Artemis Resources has completed a $4.9 million capital raise to fund extensive drilling programs targeting gold and copper at its Carlow, Titan, and Cassowary projects in Western Australia. The funding will accelerate exploration efforts aimed at expanding mineral resources and testing new high-potential targets.

Washington H. Soul Pattinson shareholders convened to approve a transformative merger with Brickworks, aiming to simplify structure and boost portfolio diversification under a new entity, Topco.

Brickworks Limited shareholders convened on 10 September 2025 to vote on a landmark merger with Washington H. Soul Pattinson, creating a new ASX-listed entity, Topco. The deal promises streamlined ownership and enhanced growth prospects.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Edon project in Western Australia, aiming to upgrade and expand its significant rubidium resource amid rising global demand for this critical mineral.

CZR Resources has completed the sale of its Robe Mesa Iron Ore Project, netting over A$70 million and wiping out its debt. The company is now poised to accelerate exploration across its remaining Western Australian assets.

Nova Minerals has made a strategic A$1 million investment in Adelong Gold, securing a 9.4% stake and board representation, while maintaining focus on its flagship Estelle Project in Alaska.

Bass Oil Limited reported a 55% increase in EBITDA for the first half of 2025 despite lower oil prices, while progressing key gas field developments to enter the Australian East Coast Gas Market.

Adelong Gold has locked in a $1.25 million strategic investment from Nova Minerals and Barclay Wells clients, enabling accelerated exploration at its NSW and Victorian gold-antimony projects.