Latest Capital Raises News

Aguia Resources reported a challenging quarter with cash outflows exceeding inflows, leaving less than one quarter of funding available. The company plans capital raises and anticipates improved cash flow from its phosphate and gold projects.

Aguia Resources has secured critical financing and advanced key projects in Brazil and Colombia, setting the stage for phosphate production in early 2026 and improved gold output. Meanwhile, the company streamlines operations and divests non-core assets to sharpen its focus.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.

KNeoMedia advances its KneoScience platform with new orders and high school expansion, while actively working to lift its ASX trading suspension through cost cuts and funding initiatives.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Asian Battery Metals PLC has reported strong exploration progress in Mongolia, including excellent copper recoveries at its Oval project and high-grade copper-gold assays at Maikhan Uul, supported by a $6 million equity raise.

High-Tech Metals reports strong drilling results at Wagtail Gold Deposit and secures $10.7 million from option exercises, advancing its Mt Fisher and Mt Eureka gold projects.

Critical Minerals Group (CMG) has made significant strides in its Vanadium battery energy storage and mining projects, securing a $2 million capital raise and progressing key feasibility studies.

OzAurum Resources has reported strong drilling results and promising heap-leach testwork at its Mulgabbie North Gold Project, alongside a strategic $4.1 million placement to Forrestania Resources.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

American Tungsten & Antimony Ltd (ASX, AT4) has initiated drilling at its Utah antimony project and expanded its Nevada tungsten portfolio, while preparing a spin-out IPO of Australian assets to sharpen its US focus.

Kalamazoo Resources has reported a significant upgrade to its Mt Olympus underground gold resource alongside a robust scoping study and the commencement of a pre-feasibility study, supported by an $8 million capital raise.