Latest Capital Raises News

Cooper Metals has completed all regulatory approvals for a ~1,400m RC drill program at Ardmore North, targeting Q2 2026 commencement. The company also executed a strategic asset swap to acquire the Pyramid Gold Project, backed by a nearly $1 million placement.

Fat Prophets Global Contrarian Fund (ASX: FPC) is raising up to $8.45 million through a pro-rata rights issue priced at a premium, offering one option per new share. The issue is partly underwritten and sees directors committing to full participation.

Vintage Energy has raised $1.35 million through its recent entitlement offer, issuing over 306 million new shares and attached options. The company is now inviting investors to participate in a shortfall offer as it pushes ahead with operational upgrades and drilling plans.

Rokeby Resources (ASX:RKB) has secured the Omeo Gold Project in Victoria, adding a historical resource of 320,000 ounces at 4.0 g/t Au and launching a $4 million capital raise. The acquisition ushers in leadership changes and sets a clear path for resource expansion.

Investigator Silver has locked in a robust Definitive Feasibility Study for its Paris Silver Project, backed by a strategic A$55 million placement to fast-track early works and financing.

Australian Rare Earths Limited (ASX: AR3) reported robust progress at its Koppamurra Rare Earths Project, delivering a high-purity Mixed Rare Earth Oxide pathway with near-complete rare earth recovery and improved heap leach performance. Concurrently, the company defined new uranium targets at Overland with drilling imminent, supported by a strengthened balance sheet following a $6 million placement and government grants.

Lithium Universe Limited (ASX: LU7) is pushing ahead with its second lithium refinery in Texas and a silver recycling plant amid a strong lithium price rebound. The company secured a decade-long spodumene supply deal to underpin its flagship Canadian refinery and appointed Iggy Tan as full-time CEO to steer growth.

Patriot Resources has dramatically expanded the Exploration Target at its Tassa Silver & Gold Project in Peru to between 559Moz and 774Moz silver equivalent, positioning it among the world’s largest undeveloped silver systems. A 4,000m drilling campaign is planned to convert this target into a formal Mineral Resource.

Hillgrove Resources (ASX:HGO) marked its first full year of underground copper production at Kanmantoo with 11,315 tonnes produced, returning to profitability and significantly boosting its Mineral Resources and Ore Reserves. The company is advancing growth projects and sustainability initiatives to underpin a production ramp-up in 2026.

KGL Resources delivers a robust Baseline Economic Model for its Jervois Copper-Silver-Gold Project, highlighting a pre-tax NPV8 of A$1.226 billion and a 37% IRR, underpinning imminent project financing and construction plans.

Cygnus Metals has secured A$25 million in a tightly priced placement to accelerate exploration and development at its Chibougamau Copper-Gold Project. Recent drilling at Golden Eye returned impressive high-grade gold and copper intercepts, supporting resource upgrades and expansion plans.

Australian Oil Company Limited (ASX: AOK) has secured $2.03 million through a two-tranche placement to accelerate oil production and exploration in Queensland's Surat Basin, alongside potential new ventures and Californian operations.