Latest Capital Raises News

Caspin Resources has completed its acquisition of the Bygoo Tin Project in NSW and is set to begin a significant drilling campaign, backed by a recent $1.6 million capital raise.

Entyr Limited has launched a $9.5 million capital raising via a Share Purchase Plan and Placement Offer, aiming to recapitalize and return to ASX trading following its recent voluntary administration.

Alterity Therapeutics is poised to release topline data from its pivotal ATH434-201 Phase 2 trial in early-stage Multiple System Atrophy by February 2025, while managing a cash balance of A$4.54 million amid ongoing research expenses.

Pacgold Limited reports promising high-grade gold anomalies from a major aircore drilling campaign at its Alice River Gold Project, alongside strategic board appointments and a successful Share Purchase Plan to fuel further exploration.

Income Asset Management delivered steady revenue of $4.0 million in Q2 FY2025 alongside significant growth in funds under administration and client accounts, while retiring $10 million in debt to reduce interest costs.

Merchant House International Limited reports the completion of its Tianjin asset sale and the cessation of AMI operations, signaling a strategic wind-up and delisting plan.

Terrain Minerals reports encouraging early drilling results at its Wildflower Gold Project, progresses metallurgical studies at Larins Lane Gallium Project, and initiates nickel-copper drilling at Lort River, backed by a $450,000 strategic placement.

Invictus Energy has completed a key legal review and secured $12 million in funding, setting the stage for expanded drilling and development in Zimbabwe's Cabora Bassa Basin.

Koonenberry Gold Limited has significantly expanded its New South Wales footprint through the acquisition of the Enmore Gold and Lachlan Copper-Gold Projects, delivering promising drilling results and a robust capital position to advance exploration.

Antares Metals has completed its transformative acquisition of the Mt Isa North Copper-Uranium project, raising $2.1 million and reporting promising high-grade copper assays from initial exploration activities.

Antares Metals Limited reported a net cash outflow of $704,000 for the December 2024 quarter, driven by operating expenses, while maintaining a healthy cash balance of nearly $3 million.

IDT Australia has finalized a $20 million asset-based loan facility with ScotPac, replacing its previous $4.7 million NAB facility, to support its expanding sales pipeline and recent contract wins.