Latest Capital Raises News

Rimfire Pacific Mining reports standout scandium drilling results at Murga and Currajong prospects, supported by a $3.65 million equity placement to accelerate exploration amid tightening global supply.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.

Vital Metals is nearing completion of a pivotal Scoping Study for its Tardiff deposit in Canada, while spearheading a new Canadian rare earths consortium and securing fresh funding to support its development ambitions.

AKORA Resources has confirmed a robust Pre-Feasibility Study for its Bekisopa iron ore project in Madagascar, highlighting strong financial metrics and government support that pave the way for a 2Mtpa direct shipping ore operation.

AusQuest Limited has unveiled significant maiden drilling results at its Cangallo Project in southern Peru, confirming a large-scale porphyry copper-gold system. The company secured $7.5 million in funding to fast-track exploration activities across Peru and Australia.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Solis Minerals has raised A$4.5 million to advance drilling at its copper-rich projects in southern Peru, confirming promising new copper-gold targets and appointing a seasoned CEO to lead exploration efforts.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.

Skylark Minerals has completed a significant capital restructure and raised A$10 million to fuel its dual-track growth strategy, while progressing exploration and divestment activities across multiple global projects.

Decidr AI Industries signals a strategic pivot to AI with a successful $11 million capital raise, new multi-year contracts, and expanded global partnerships, driving early commercial traction and robust e-commerce growth.

Metal Bank Limited reported a net cash outflow in Q1 2025, with limited cash runway prompting strategic funding considerations including potential project sales.

Tivan Limited reported significant progress in Q1 2025, including advancing a binding joint venture with Sumitomo Corporation for its Speewah Fluorite Project and securing seven exploration licenses for its Turiscai copper-gold project in Timor-Leste.