Latest Capital Raise News

Hawk Resources has intersected strong near surface copper mineralisation with spot pXRF assays reaching 66.6% copper in the Comet zone of the Cactus Corridor, Utah. The drilling also reveals promising gold indicators through associated silver, arsenic and antimony anomalies.

Starpharma has successfully completed a $32 million entitlement offer, nearly fully subscribed, to fund its DEP® HER2-Lutetium Phase 1 trial and further develop its oncology pipeline.

IRIS Metals has appointed Simon Iacopetta as Strategic Advisor and promoted Chris Evans to Executive Chairman, signalling a sharpened focus on expanding its critical minerals portfolio in North America.

PM Capital Global Opportunities Fund (ASX: PGF) is raising up to $195 million through a $175 million placement and a $20 million share purchase plan at $3.07 per share, matching its net tangible asset value and offering a fully franked 7.5 cent dividend for 2026.

St George Mining has delivered a major upgrade to its Araxá Project in Brazil, increasing measured and indicated resources by 155% and confirming the world's largest undeveloped niobium resource alongside rare earths.

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Minbos Resources has expanded its capital raise to A$6 million, reflecting robust investor appetite to support the Cabinda Phosphate Project’s critical development phase.

Alara Resources (ASX: AUQ) is set to close its pro-rata non-renounceable entitlement offer on 13 August, aiming to raise approximately $3.84 million at $0.032 per share to support its copper projects in Oman.

Forrestania Resources has extended its off-market takeover offer for Zenith Minerals shares to 31 August 2026, while ASIC has approved a faster payment window that removes withdrawal rights for shareholders.

Bio-Gene Technology has raised approximately A$3.275 million through its second tranche placement and share purchase plan underwriting, issuing over 51 million new shares and 69 million options to investors.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.

WAM Leaders Limited (ASX: WLE) has successfully completed a $225 million placement amid strong demand and launched a $150 million Share Purchase Plan (SPP) at a 5% discount, offering shareholders a chance to increase exposure to a portfolio that has consistently outperformed the ASX 200.