Latest Capital Raises News

Provaris Energy has raised $1.08 million through a share placement to accelerate its hydrogen and carbon dioxide storage and transport infrastructure development in Europe, including a prototype hydrogen tank program in Norway.

Ionic Rare Earths Limited has clarified that its recent share price jump is driven by a series of positive corporate developments and an upcoming shareholder vote on a capital raising, with no undisclosed information influencing the market.

Australian Mines Limited has had its trading suspension lifted following a significant announcement about a capital raising and a potential acquisition, signaling renewed investor interest.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Koba Resources has successfully raised $442,560 through its recent Entitlement Offer, issuing over 12 million new shares and 6 million options to fund exploration at its Yarramba Project.

Adavale Resources has raised $2.65 million to accelerate drilling at its Parkes Gold Project, aiming to expand the resource at the London Victoria Gold Mine and advance multiple exploration targets.

Lakes Blue Energy NL has resumed trading on the ASX following a suspension tied to a recent capital raising announcement, signaling renewed investor access and potential financial shifts.

QPM Energy Limited has launched a $2 million Share Purchase Plan at $0.031 per share, matching a recent $10 million placement, to support the development of its Isaac Energy Hub. Eligible shareholders in Australia and New Zealand can participate until mid-July.

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Highfield Resources reports steady progress on a proposed $300 million equity placement with Qinghai Salt Lake, aiming to accelerate its flagship Muga and Southey potash projects. While due diligence advances, no binding deal is yet secured.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.

TruScreen Group Limited has corrected an administrative error in its Share Purchase Plan allocations, ensuring shareholders receive their proper pro-rata entitlements ahead of a key special meeting.