Latest Capital Raises News

Cann Group’s CEO Jenni Pilcher steps down after leading a dramatic debt reduction and cost overhaul. Chairman Mike Ryan takes interim charge as the company hunts for a new CEO.

Vicinity Centres delivered a resilient 3Q FY26 with high occupancy, strong retail sales growth, and a $654 million capital raise through long-dated debt issuances, reaffirming its FY26 earnings guidance at the top end.

Patagonia Lithium has completed a key packer test at its Formentera project, confirming high aquifer porosity and flow rates at 110m depth, while submitting a comprehensive environmental study to local authorities.

Hot Chili Limited’s latest drilling at La Verde in Chile reveals a broad 180-metre mineralised step-out and strong near-surface continuity, reinforcing the project’s growth potential ahead of pending assay results.

Vicinity Centres delivered a robust third quarter in FY26 with high occupancy and retail sales growth, while successfully extending debt maturity and advancing key developments at Chatswood Chase and Galleria.

Trek Metals has won two co-funded geophysical grants under WA’s Exploration Incentive Scheme, advancing manganese and gold exploration at Christmas Creek with drilling set to start in May.

Solis Minerals has deployed its Brazilian exploration team to advance drilling preparations at the Mandacaru and Campo Grande lithium prospects, leveraging extensive Rio Tinto data and aiming for initial diamond drilling in June 2026.

Great Boulder Resources has raised $40 million through a two-tranche placement to fund its acquisition of Westgold’s Peak Hill Gold Project, positioning the company for an aggressive drilling campaign and a pathway to capital light production.

Magellan Financial Group is handing over management of its $5.3 billion global equities funds to Vinva, adopting a new systematic strategy and slashing fees to boost client value.

Dalaroo Metals has secured A$1.75 million via a strategic placement to advance maiden drilling at its Bondoukou Gold Project and expand rare earth exploration at its Blue Lagoon project in Greenland.

Tennant Minerals has raised $2.8 million to accelerate drilling and development at its high-grade Bluebird discovery in the Tennant Creek region, aiming to more than double the mineralised footprint and advance processing studies.

Fat Prophets Global Contrarian Fund (ASX: FPC) has kicked off a non-renounceable rights issue aiming to raise up to $8.45 million, with directors and a $1 million underwriter backing the offer. The capital raise is designed to boost liquidity, grow assets, and enhance market presence.