Latest Capital Raises News

Sayona Mining's March 2025 quarterly report reveals operational setbacks at North American Lithium due to adverse weather and maintenance, yet the company maintains full-year guidance and progresses a transformative merger with Piedmont Lithium.

Altamin Limited reports steady progress on its Lazio and Gorno projects, with positive testwork confirming the feasibility of sulphate of potash, lithium carbonate, and boron recovery from geothermal brines. The company moves closer to pre-feasibility studies and environmental approvals amid a tight cash position.

Godolphin Resources has reported multiple high-grade drill results from its Lewis Ponds project, exceeding expectations and highlighting significant potential for resource growth. The company also secured $1 million in new equity funding to advance metallurgical testing and resource upgrades.

Betr Entertainment has acquired a significant 19.9% shareholding in Pointsbet Holdings, positioning itself as a major stakeholder ahead of a planned capital raising.

Wingara AG has finalised the sale of its JC Tanloden machinery following shareholder approval, reporting a cash position of $648,000 as it winds down processing operations and explores new opportunities in the agriculture sector.

Terrain Minerals reports robust March quarter progress with standout gold and silver drilling results at Smokebush, alongside advancing gallium and rare earth projects and a strategic capital raise.

Canterbury Resources has reported significant advances at its Briggs Copper Project, including enhanced metallurgical recoveries and a resource upgrade, underpinning a scoping study on track for mid-2025 completion.

Tempest Minerals has raised $400,000 through a placement and plans a $1.47 million entitlement issue to advance its gold exploration and Remorse Iron development in Western Australia.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Somerset Minerals Ltd has raised $2.39 million to fund its maiden drilling and surface sampling campaign at the Coppermine copper-silver project in Nunavut, targeting high-grade mineralisation supported by strong geophysical and historical data.

Prospect Resources has declared a maiden JORC-compliant copper resource of 107.2 million tonnes at 0.5% copper at its Mumbezhi Project in Zambia, alongside securing a strategic A$15.2 million investment from First Quantum Minerals. This milestone advances the project towards development with Phase 2 drilling planned for Q2 2025.

Prime Financial Group has acquired Lincoln Indicators, significantly expanding its wealth management platform and client base. The deal is expected to boost recurring revenue and contribute to Prime’s ambitious growth targets.