Latest Capital Raises News

Solis Minerals is set to delist from the TSX Venture Exchange, consolidating its primary listing on the ASX and planning a re-domiciliation to Australia to sharpen its focus on copper-gold exploration in Peru.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Prodigy Gold NL has launched a partially underwritten entitlement offer to raise up to $6.35 million, aiming to accelerate exploration and development across its key Tanami gold projects. Major shareholders APAC Resources and Plutus Prospecting are backing the raise, with potential board changes on the horizon.

Conico Ltd has resolved a significant legal dispute with Cartwright Drilling and announced a $2.09 million recapitalisation plan involving convertible loans, a rights offer, and a share consolidation, all pending shareholder approval.

Firebrick Pharma has unexpectedly withdrawn its planned share placement, raising questions about its capital strategy amid ongoing product launches.

Macarthur Minerals has canceled its non-renounceable entitlement offer and will instead launch a renounceable pro-rata entitlement offer, adjusting its capital raising approach while maintaining project fundamentals.

Cobalt Blue Holdings has completed a scoping study for its Halls Creek Project in Western Australia, outlining a staged development plan with promising economics and a sustainable power strategy. The project targets near-term copper and zinc production with a modest initial capital outlay.

Classic Minerals Limited has issued a prospectus for a nominal share offer aimed at removing trading restrictions on placement shares issued to creditors, while navigating significant financial challenges and ongoing litigation over key tenements.

Genetic Technologies Limited has signed binding term sheets to acquire Ellerfield Wealth and Walker Capital, marking a strategic shift into wealth management backed by a $7.8 million valuation and pending ASX approvals.

Beacon Minerals Limited has announced a proposed 40, 1 share consolidation aimed at creating a more effective capital structure and enhancing its share price appeal. The move awaits shareholder approval at the July 7 general meeting.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

High-Tech Metals has successfully completed a $2.5 million placement, positioning the company to ramp up its exploration activities with fresh capital and strategic options incentives.