Latest Capital Raise News

FIN Resources has successfully completed the first drill hole at its Cabin Lake Gold Project, intersecting a significant 38m zone of sulphide mineralisation that validates its geological model. Assay results are pending as drilling advances to the next target.

Talonx Resources secures $750,000 via a discounted share placement to fund reverse circulation drilling at its promising Blair North and Viking Gold projects in Western Australia.

RLF AgTech has raised $4.5 million through an institutional placement to accelerate its commercial rollout and meet rising demand amid global fertiliser shortages.

Weebit Nano has successfully raised A$87 million through institutional and Israeli placements, positioning itself to fast-track its advanced ReRAM technology development. The capital raise includes a forthcoming share purchase plan for retail investors.

Latitude Group Holdings has finalised the margin and size for its Capital Notes 2 offer, setting a 4.15% annual margin and allocating $130 million following a successful bookbuild.

Winsome Resources Limited is set to be acquired by Li-FT Power Ltd through a scheme of arrangement, consolidating key lithium assets and creating a dual-listed entity on ASX and TSXV.

Redivium Limited advances its recapitalisation efforts and project development despite ASX suspension, withdrawing its European Green Bond and exploring new UK site options.

Weebit Nano has launched a significant A$80 million institutional placement, alongside additional funding initiatives, to accelerate its ReRAM technology leadership and broaden AI-related offerings.

Syrah Resources announces a major A$104 million equity raising alongside strategic funding proposals from US government bodies and AustralianSuper, aiming to strengthen its balance sheet and accelerate production at its Balama and Vidalia facilities.

Anax Metals Limited has successfully completed the first tranche of its capital raising, issuing 225.5 million shares to institutional and sophisticated investors and securing $5.2 million in fresh funds.

L1 Group has launched the IPO of L1 Gold Fund Limited, targeting a $900 million raise with founder backing and early closure due to strong investor interest. The fund will list on the ASX in April, continuing the strategy of its predecessor wholesale fund.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.