Latest Capital Raises News

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.

BPH Global’s Indonesian unit has locked in a four-year MoU with ITBM to integrate student-driven operations and research at its Takalar coastal seaweed site, setting the stage for scaled commercial development and local collaboration.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

Caspin Resources has reported substantial down-plunge extensions of high-grade tin mineralisation at its Kelpie Deposit in New South Wales, pushing the resource envelope by more than 75 metres and doubling the strike length of the Stewart Fault Zone.

Anteris Technologies has treated the first US patients in its global PARADIGM trial, marking a key milestone in testing its DurAVR transcatheter heart valve against established devices.

Mt Malcolm Mines NL has revised its rights issue, lowering the price to $0.007 per share and adjusting the offer ratio to raise $1.81 million. The funds will support a processing plant feasibility study and advance exploration at its Leonora projects.

Caprice Resources has struck a remarkable new high-grade gold zone near surface at its Island Gold Project, revealing a 22m intercept averaging 66.2 g/t gold parallel to the established Vadrians lode, signalling a potentially multi-lode system.

Resolution Minerals has achieved 99.5% recovery of stibnite from lower grade Antimony Ridge samples, reinforcing the project's potential as a key US antimony source. Further flotation and hydrometallurgical test work is underway alongside a major drilling campaign at Golden Gate.

Careteq Limited has cleared $125,000 in director and company secretary loans a month ahead of schedule, using proceeds from a recent $2.2 million capital raising. This move strengthens the healthtech firm’s balance sheet and removes related-party debt ahead of maturity.

Macallum New Energy has wrapped up its first 3D seismic survey over key Jurassic gas leads in EP-494, deploying innovative GeoPulse technology to reduce environmental impact. Preliminary data processing is underway with results expected by late June.

Sky Metals accelerates development of its Tallebung tin-tungsten-silver project with NSW State Significant Development approval process initiated and over 500 drill holes underpinning an updated resource and feasibility study.