Latest Capital Raises News

Botala Energy has made significant strides in developing its Serowe coal bed methane project in Botswana, securing a $1.5 million placement and government interest to address Southern Africa’s looming gas shortage.

Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.

Resolution Minerals has completed a pivotal drilling phase at its Horse Heaven Project, confirming visible tungsten mineralisation and securing A$25.1 million in institutional funding to accelerate exploration and development.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

Enova Mining confirms robust rare earth and titanium mineralisation across its Brazilian projects, advancing towards maiden drilling at East Salinas backed by a $0.85 million capital raise.

Mount Ridley Mines has announced a significant maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, positioning it among the world’s largest known gallium deposits and reinforcing its multi-element critical minerals strategy.

Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Nimy Resources has completed a major drilling campaign confirming high-grade gallium mineralisation and made significant copper-nickel discoveries at its Mons Project in Western Australia, while forging strategic ties with US partners to advance its critical minerals ambitions.

Javelin Minerals Limited secured strong shareholder approval for all 16 resolutions at its 2025 Annual General Meeting, including capital consolidation and multiple share issuances.

Dart Mining NL has reported significant exploration progress at its Triumph Gold and Coonambula Antimony-Gold projects, revealing high-grade gold intersections and promising antimony mineralisation. The company also strengthened its financial position with a recent capital raise.

Gladiator Resources advances its US rare earth elements ambitions through a new partnership with Apex USA Resources, while progressing uranium asset discussions in Tanzania and managing ongoing legal challenges.