Latest Capital Raise News

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Metal Powder Works Limited has completed a A$15 million institutional placement, strengthening its balance sheet to scale production and expand its market presence.

Marimaca Copper has successfully raised A$80 million through a strongly supported placement, positioning the company to advance exploration and development at its flagship Chilean copper projects.

Matsa Resources has entered an underwriting agreement to guarantee the exercise of up to 10 million unlisted options expiring this September, potentially raising $700,000 in fresh capital.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

Betr Entertainment has raised its takeover offer for PointsBet shares and announced a $90 million selective buy-back to provide liquidity for shareholders, despite a major shareholder's refusal to sell. An Independent Expert finds the buy-back reasonable but notes marginal unfairness.

betr Entertainment Limited has increased its takeover offer for PointsBet Holdings Limited shares, raising the share exchange ratio and expanding its selective buy-back pool to $90 million. Despite MIXI Australia Pty Ltd's refusal to accept the offer, betr's board remains confident and urges shareholder approval at the upcoming meeting.

Felix Group Holdings reminds shareholders that its Share Purchase Plan closes on 9 September, offering shares at a slight discount following a $16 million placement. Eligible investors in Australia and New Zealand have a final chance to participate without brokerage fees.

Gowing Bros Limited has locked in a $10.4 million financing facility from Commonwealth Bank to fund civil works and council contributions at its Sawtell Commons development.

Lake Resources N.L. has launched a prospectus offering up to 271.7 million new options linked to a recent A$12 million placement, aiming to advance its flagship Kachi lithium project. The options, exercisable at A$0.05 and expiring in three years, await shareholder approval and align management with investors.

Lake Resources N.L. has scheduled an Extraordinary General Meeting on 7 October 2025 to seek shareholder approval for the second tranche of its $12 million placement and the issuance of new options to investors and directors.

Sunrise Energy Metals has addressed ASX concerns over recent share price volatility, confirming no undisclosed material information beyond announced scandium assay results. An updated Mineral Resource Estimate and Feasibility Study for the Syerston project are expected imminently.