Latest Capital Management News

Resource Mining Corporation (ASX: RMI) reported promising initial gold assays from its Saudi Arabian projects and is evaluating near-term gold production in Tanzania, while managing a constrained cash position and new funding arrangements.

Avira Resources has significantly expanded its Tangadee Project in Western Australia and is preparing to drill three high-potential EM targets, while advancing its capital raising efforts to fund exploration.

Orbminco Limited has successfully closed its entitlement offer, raising $0.23 million, while planning to place a significant shortfall of 852 million shares within the next three months.

NuEnergy Gas Limited has initiated drilling site preparation at its Tanjung Enim PSC, progressing towards early gas sales, while securing key commercial agreements and maintaining a strong cash position.

Rent.com.au has successfully completed a $1.7 million entitlement issue, positioning itself to expand into loan funding under its RentBond brand while shoring up working capital.

Terra Uranium Limited has expanded its exploration portfolio by acquiring LCT Metals, adding tin and precious metals projects in New South Wales, while advancing uranium exploration in Canada’s Athabasca Basin through strategic partnerships and drill-ready targets.

Vitasora Health Limited reports a striking 101% revenue increase and 57% patient growth in Q1 2025, driven by new Medicare Shared Savings Plan contracts and significant operational efficiencies from its Orb Health merger.

Canterbury Resources Limited has completed a $125,000 capital raise through a private placement of 5 million shares, each accompanied by an option exercisable at $0.05 until the end of 2026.

Dreadnought Resources has bolstered its exploration and development efforts with over A$13 million in fresh funding, advancing its high-grade Mangaroon gold project and critical minerals assets in Western Australia.

Harmoney Corp upgrades its FY25 cash NPAT guidance to $5.5 million, driven by strong loan book growth and improved margins, while announcing a strategic 5% on-market share buy-back.

Advance Metals Limited reports breakthrough drilling results at its Myrtleford Gold Project and advances strategic acquisitions in Mexico, positioning itself for significant growth in precious metals exploration.

Emyria Limited reports sustained clinical success in its PTSD program, launches a new treatment-resistant depression therapy, and opens a second Empax Centre to meet growing demand. The company is progressing funding discussions with health insurers and government bodies to support expansion.