Latest Capital Raises News

Prodigy Gold NL has successfully raised approximately $4.45 million through a partially underwritten entitlement offer, with major shareholders APAC Resources and Plutus Prospecting playing key roles. The funds will support exploration and development across its Tanami projects.

Whitebark Energy has completed a crucial cultural heritage survey at its Alinya Project, paving the way for soil geochemistry testing aimed at unlocking hydrogen, helium, and hydrocarbons in one of Australia’s largest undrilled sub-salt structures.

Artemis Resources has raised A$4.75 million through an oversubscribed placement to fund extensive exploration at its Western Australian gold and copper projects. The capital injection aims to unlock new resource potential at Carlow, Titan, and Cassowary.

Brightstar Resources has announced the strategic acquisition of Aurumin Limited, consolidating the Sandstone gold district and raising $50 million to accelerate exploration and development. This deal positions Brightstar as a growing mid-tier gold producer with a robust multi-hub growth strategy.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme deal, offering Aurumin shareholders a premium and securing $50 million in fresh capital to fast-track development of the Sandstone gold district in Western Australia.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme, raising $50 million to accelerate development of the Sandstone gold district in Western Australia. The merger creates a combined entity with nearly 4 million ounces of gold resources and a strong cash position.

Horizon Gold Limited has announced a $7 million non-renounceable entitlement offer alongside a $5 million placement to fund its Gum Creek Gold Project and repay debt. The offer opens on 29 July and closes on 12 August 2025.

Horizon Gold Limited has raised $12 million through a placement and entitlement offer to advance its Gum Creek Gold Project feasibility study and resource drilling, signaling strong investor confidence amid rising gold prices.

Renegade Exploration Limited has announced a $2.29 million placement to fund exploration across its Yukon, Nevada, and Cloncurry projects, alongside partial loan repayment and operational costs.

RareX Limited has successfully raised A$2 million through a share placement at a premium, positioning itself to advance exploration and development across key rare earths projects in Australia and Kenya.

Elixir Energy has advanced its strategic plan in Queensland’s Taroom Trough, appointing a new COO, initiating a major cost reduction, and preparing to drill key exploration and appraisal wells that could unlock significant gas resources.

Norwood Systems delivered its strongest quarter yet with record cash inflows, significant debt reduction, and expanding global partnerships, setting a robust foundation for FY2026.