Latest Capital Raise News

Venari Minerals has issued 37.28 million shares at 8 cents each, completing the second tranche of a previously announced $6.1 million capital raising. The $2.98 million proceeds increase the company’s funding, while also adding to its issued share base.

TALi Digital's $0.5 million Share Purchase Plan attracted approximately $2.0 million in valid applications, forcing a substantial scale-back. The result adds shareholder support to the company's broader $3.3 million capital raising, although applicants will receive only part of what they sought.

Breakthrough Minerals has shifted its centre of gravity to a 952-square-kilometre Queensland copper-gold portfolio, backed by an 18.8Mt JORC resource and early drilling success. The annual report also highlights the constraint: a A$5.69 million loss, ongoing cash burn and material uncertainty over future funding.

Greenwing Resources has warned of material uncertainty over its ability to continue as a going concern after reporting a $3.90 million loss for FY2026. The result was hit by a $2.23 million non-cash impairment at its dormant Graphmada graphite mine, while cash remains below near-term project commitments.

Cullen Resources posted a $340,251 FY2026 profit after selling its Wyloo iron ore royalty for $1.5 million. The result came with a qualified audit opinion over its remaining iron ore-related assets and a warning that further capital raisings will be needed.

Unity Metals has secured an oversubscribed $3.5 million placement and plans a further $1 million share purchase plan to accelerate drilling across its Cambodian gold projects. The raise gives the explorer funding to test extensions at O’Phlay and new targets at Ngot, but also brings dilution and shareholder-approval hurdles.

Dataworks has completed a A$3.0 million placement, issuing 25 million shares at A$0.12 each as it moves to fund working capital, government program delivery and platform development. Shareholders now face the next stage of the raising, with a 1-for-10 entitlement offer opening on 28 September.

Meeka Metals has secured $40 million after costs through a two-tranche institutional placement priced at $0.10 a share, giving the gold producer fresh funding for Turnberry, Mt Holland and exploration. The capital raise comes as provisional September-quarter gold recovery reached 7,000 to 7,500 ounces and the company expects roughly $50 million in cash after the first tranche.

Sinclair Gold’s FY2026 annual report captures the company’s rapid shift from a small explorer to a well-funded Mt Henry-focused gold developer-in-waiting. The project’s resource stood at 915,000 ounces at year-end, before a post-year-end update lifted it to 1.8 million ounces after 20,426 metres of drilling.

Jameson Resources has completed its retail entitlement offer and added a A$913,000 placement, taking total gross funds raised to approximately A$9.73 million. The money will support environmental approvals, Indigenous partnerships and commercial discussions for its Crown Mountain steelmaking coal project in Canada.

Cannindah Resources has expanded drilling at its Mt Cannindah copper-gold project, identifying the Southern Shoot and extending the Southern Porphyry Target, while equity raisings lifted cash to $14.1 million. The exploration-led result came with a larger annual loss and a substantially expanded share count.

LinQ Minerals finished its first full year as an ASX-listed explorer with $16.23 million in cash after spending heavily on Gilmore drilling and raising $15.4 million. The company reported encouraging gold and copper results, but its next phase will test whether exploration success can translate into a larger resource and a credible development pathway.