Latest Capital Raises News

Meteoric Resources has confirmed the Caldeira Rare Earth Project as a world-class, long-life asset with a maiden Ore Reserve and strong Pre-Feasibility Study results, while advancing pilot plant commissioning in Brazil.

Ampol Limited has priced A$500 million of subordinated notes due 2055, refinancing existing debt and enhancing financial flexibility. The long-term capital raise attracted strong demand from regional fixed income investors.

Metallium Ltd has marked a pivotal quarter with a U.S. Department of Defense contract award, strategic partnerships, and progress on its Texas Flash Joule Heating plant, positioning itself as a key player in the U.S. critical metals recovery sector.

IRIS Metals Limited has made substantial progress in its South Dakota lithium projects, completing critical drilling phases and expanding its land holdings through strategic acquisitions, supported by a recent $4.27 million capital raise.

Black Rock Mining has successfully raised A$4 million through an oversubscribed Share Purchase Plan, doubling its initial target and fueling progress at its Tanzanian Mahenge Graphite Project.

Odessa Minerals advances its Lyndon Project with promising base metal assays and uranium exploration, backed by a $1.15 million capital raise and a strategic board appointment.

Globe Metals & Mining has completed the first tranche of its $8.67 million placement, raising $6.96 million and converting $540,000 of convertible loans to equity, significantly reducing its debt ahead of the Kanyika Niobium Project’s Final Investment Decision.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Jade Gas Holdings Limited (ASX – JGH) has launched a $2.1 million Share Purchase Plan offering eligible shareholders new shares at a 12.5% discount, aiming to accelerate commercial gas production and LNG facility development.

Enegex Limited is set to acquire Famien Resources, gaining a substantial gold exploration portfolio in Côte d’Ivoire, backed by a $5 million placement and the appointment of seasoned explorer Paul Roberts as Managing Director.

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

Altitude Minerals has been awarded an $80,000 NSW Government grant to co-fund drilling at its T55 copper-gold porphyry target, advancing exploration at the Byrock Project in New South Wales.