Latest Capital Markets News

Hot Chili Limited has raised A$40 million through a heavily oversubscribed private placement to accelerate the development of its La Verde copper-gold discovery within the Costa Fuego project in Chile. The funding will support expanded feasibility studies, environmental approvals, and further drilling aimed at defining a higher-grade starter pit.

Nova Minerals plans to redomicile to the United States following the loss of its foreign private issuer status, while acquiring full ownership of its Estelle Gold and Critical Minerals Project and appointing a US-based CFO.

Lode Resources is progressing its high-grade silver, antimony, gold, and tin projects in Tasmania and New South Wales, highlighted by robust drilling results and promising metallurgical tests. The company is advancing towards resource estimation and pilot production at Montezuma while expanding exploration across multiple targets.

Resolution Minerals has taken a significant step towards expanding its footprint in the US capital markets by lodging a registration statement with the SEC and launching an ADR facility, while divesting a non-core Alaskan asset to focus on key US projects.

Hot Chili Limited has launched a A$40 million private placement to accelerate development of its Fuego copper project in Costa Rica, issuing shares at a discount to recent prices. The capital raise aims to boost exploration and feasibility studies while enhancing liquidity on the TSX Venture Exchange.

First Au Limited has successfully raised $5.6 million in a placement to fund exploration at its Gimlet Gold Project and expand its Western Australian gold strategy.

Genetic Signatures has appointed Maria Halasz as its new CEO, bringing over two decades of leadership in life sciences and capital markets to steer the company’s global expansion.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Aura Energy advances its Tiris Uranium Project in Mauritania and secures strategic investment for its Häggån Polymetallic Project in Sweden following the lifting of Sweden’s uranium mining ban.

Hot Chili Limited has reported a significant expansion of its high-grade copper-gold discovery at La Verde, Chile, supported by robust diamond drilling results. The company is advancing its Costa Fuego Project with promising pre-feasibility outcomes and progressing strategic partnerships.

DigitalX Limited has increased its Bitcoin exposure to approximately 504 BTC while implementing a significant operational reset that delivered $1 million in annualised cost savings. The company also deployed A$4.9 million into a market-neutral trading strategy to generate sustainable cash flows.