Latest Capital Raises News

Multistack International reversed a $1.68 million loss to report a $2.26 million profit in 2025, driven by $4 million in settlement and asset disposal income. The company plans to exit its loss-making Australian operations through a share disposal while exploring new business avenues.

Fat Prophets Global Contrarian Fund (ASX: FPC) has launched an on-market buy-back of its ordinary shares, set to run from May 2026 to May 2027, signalling a fresh phase in its capital management strategy.

Alvo Minerals has raised A$1.25 million through a premium-priced placement to strategic investors, bolstering its exploration efforts at key critical minerals projects in Brazil, including the Palma copper-zinc resource and rare earth element targets.

Green Technology Metals (ASX: GT1) secures A$11 million to complete feasibility studies and permitting for its Seymour Lithium Project, aiming for first ore in 2028 amid a recovering lithium market and strong Canadian support.

Jayride Group continues its pivot to a SaaS mobility platform across Australasia and Southeast Asia, managing tight cash flow and planning a capital raise to sustain operations and support ASX reinstatement.

Prominence Energy has secured $1.56 million through a discounted share placement to fund key technical work and licence approvals at its Gawler Helium and Hydrogen Project, positioning the company for upcoming exploration milestones.

RBR Group has secured $365,000 in a share placement led by major shareholder Paul Natoli to fund tender activities in Mozambique and strengthen its balance sheet amid ongoing project opportunities.

AKORA Resources has secured a 25-year mining permit for its flagship Bekisopa iron ore project, a critical step toward development, but faces suspension from ASX quotation due to late reporting.

Pure Resources has partnered with Oak Ridge National Laboratory to develop a rare earth extraction process from its Garnet Hills garnet, aiming to add critical minerals value alongside its industrial minerals business.

WhiteHawk has secured Atturra as its first Australian enterprise partner for the Quixxi Clarity AI platform, aiming to accelerate AI governance adoption across government and enterprise sectors.

Gentrack is set to acquire Dubai Technology Partners for about US$10 million, enhancing its Veovo platform with AI-driven airport operations technology and deepening its Middle East footprint.

AuKing Mining has locked in Thompson Resources to kick off a minimum 5,500m drilling campaign at its Tundulu Rare Earths project in Malawi, targeting structural extensions and depth continuity from mid-May 2026.