Latest Capital Raises News

EMU NL has made significant strides in its Yataga Copper Project exploration, completing key geochemical and geophysical surveys and securing $1.5 million through a share placement. The company is poised to identify high-priority drill targets in the first half of 2025.

Micro-X announces a strategic pivot towards medical imaging, anchored by a $25 million US government contract to develop a portable Full Body CT scanner, while discontinuing its Argus security operations to streamline costs.

Advanced Health Intelligence Ltd (AHI) has secured USD 4 million in convertible debt funding and launched two new commercial partnerships in Canada and the UK, marking significant progress despite its ongoing ASX trading suspension.

K-TIG Limited reports steady cash receipts and operational efficiencies while progressing a strategic acquisition and a significant capital raise to fuel growth.

Traffic Technologies reports a robust order book with long-term contracts and significant cost reductions, despite ongoing working capital challenges.

Middle Island Resources reports steady progress in its Barkly Copper-Gold Super Project with ongoing drilling and modeling, supported by a recent $819K capital raise and government co-funding.

Heavy Minerals Limited advances steadily on its Port Gregory Garnet Project, with the Pre-Feasibility Study nearing completion and critical permitting and sales groundwork underway.

NT Minerals Limited reported a net cash outflow of $186,000 for the December quarter, ending with just $2,000 in cash but retaining $1.56 million in undrawn financing facilities.

Alice Queen Limited has initiated a pivotal three-hole diamond drilling campaign at its Viani Project in Fiji, targeting extensions of high-grade epithermal gold mineralisation. The Phase 1 program is expected to conclude early 2025, setting the stage for potential follow-up drilling.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

NT Minerals reports exceptional copper assay results from its Twin Peaks Project in Western Australia, alongside strategic option agreements that could reshape its Northern Territory portfolio.

Admiralty Resources NL has marked a significant production milestone at its Mariposa Iron Ore Project in Chile, securing a sales agreement for 80,000 tonnes of iron ore amid ongoing operational and environmental progress.