Latest Capital Raises News

Resolution Minerals has received a non-binding $225 million offer from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project in Idaho, signaling potential major shifts for the company’s US operations.

FBR Limited has locked in a A$20 million share subscription facility with GEM Global Yield LLC, providing flexible capital to advance its innovative robotics platforms and commercialisation efforts.

Syrah Resources has initiated a fully underwritten A$70 million equity raising alongside a two-year forbearance agreement with the US Department of Energy, supporting its Vidalia and Balama operations. The retail entitlement offer opened on 6 August and closes on 20 August 2025.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

Corazon Mining has secured a transformative deal to acquire the Two Pools Gold Project in Western Australia, backed by a A$2 million capital raise and the appointment of Simon Coyle as Managing Director.

Golden Deeps Ltd reports outstanding high-grade copper, zinc, silver, lead, and germanium results from its Central Otavi Project in Namibia, revealing two mineralised corridors analogous to the historic Tsumeb deposit.

Sayona Mining and Piedmont Lithium have revised their merger timetable after Piedmont adjourned its special meeting due to insufficient shareholder quorum. The vote is now rescheduled for August 11, with completion expected by mid-August, pending approvals.

Manuka Resources has successfully completed a fully underwritten entitlement offer, raising nearly $8 million before costs, supplemented by an additional placement to sub-underwriters and creditors.

Clime Capital Limited has launched a new Convertible Redeemable Notes offer featuring a 6.5% fixed annual interest rate, providing investors with monthly income and conversion flexibility.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Eastern Metals has agreed to sell its Browns Reef Project to Australian Gold and Copper for $1.5 million, including a unique share distribution to existing shareholders, pending approval in September.

Eastern Metals has agreed to sell its Browns Reef Project tenements to Australian Gold and Copper, offering shareholders an immediate benefit and ongoing exposure through share distribution.