Latest Capital Raises News

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.

Vitasora Health Limited has raised $11 million in a well-supported placement, positioning the company to achieve cash flow breakeven in the second half of FY2026. The capital injection underscores strong investor confidence following key contract expansions and operational milestones.

Horseshoe Metals Limited will lift its trading suspension immediately following the release of details on a new capital raising, signaling a pivotal moment for the base metals miner.

Horseshoe Metals secures $851,000 through a share placement and converts nearly $650,000 of debt into equity, aiming to accelerate development at its Horseshoe Lights Copper-Gold Project and fund exploration across Australia.

Prescient Therapeutics has opened a Share Purchase Plan to raise up to $7 million, offering shareholders discounted shares to fund the Phase 2 development of its targeted cancer therapy PTX-100.

Battery Age Minerals has successfully raised $3 million to fund maiden drilling at its Bleiberg Germanium-Zinc Project in Austria and advance exploration at the El Aguila Gold-Silver Project in Argentina, attracting new investors and reinforcing its strategic position in critical minerals.

Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.

Santana Minerals’ subsidiary has agreed to acquire Ardgour Station land for NZ$25 million, a move that clears the way for critical infrastructure at the Bendigo-Ophir Gold Project and removes a costly royalty burden.

Warriedar Resources has confirmed significant high-grade antimony mineralisation at its Azure Coast deposit near the Ricciardo gold project, unveiling new potential in the Golden Range belt. The company plans targeted drilling later this year to expand on these promising results.

Power Minerals Limited has launched a new options offer linked to a recent $1.3 million placement, alongside updates on key project acquisitions and divestments. The prospectus outlines significant risks and strategic directions as the company navigates growth and financial challenges.

Washington H. Soul Pattinson and Brickworks have announced a conditional placement of 14 million Topco shares and a concurrent repurchase of up to $450 million in convertible notes, setting the stage for their upcoming merger.