Latest Capital Raise News

Somerset Minerals has dispatched its entitlement offer prospectus to shareholders, opening a non-renounceable offer from 9 July to 22 July 2026. The capital raising supports ongoing exploration at its Nunavut copper projects.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Arafura Rare Earths has wrapped up the second tranche of its A$350 million placement, issuing over 671 million shares and raising A$174.5 million. The company is also finalising its share purchase plan with results due next week.

Resouro Strategic Metals is set to raise up to C$2 million through a non-brokered private placement to fund pre-feasibility studies and metallurgical work at its flagship Tiros project in Brazil, building on a recent robust preliminary economic assessment.

Whitefield Income Limited has announced fully franked monthly dividends of 0.583 cents per share for Q3 2026, alongside a half yearly top-up dividend, delivering an annualised yield of 8.2% based on its June 30 share price.

ReNerve has locked in a flexible A$5 million convertible note facility with RiverFort, drawing an initial A$1.6 million to back its commercial push and US sales ramp-up.

Godolphin Resources is launching an IPO for Matrix Critical Minerals to unlock value in its Narraburra Rare Earths Project, targeting a $8-12 million raise and ASX listing in H2 2026.

Kingston Resources has extended the high-grade upper A Lode at its Southern Ore Zone, Mineral Hill, with drilling confirming mineralisation continuity east and south, supporting resource growth and a longer mine life.

Corazon Mining has secured the Chalice Gold Project from Westgold, marking its shift to a gold developer with a 191,000oz resource and a $16.5 million capital raise to fund an aggressive drilling campaign.

White Energy confirms ASX listing rules exemption for its proposed US metallurgical and Surat Basin coal assets acquisition, advancing due diligence and capital raising plans.