Latest Capital Raise News

Arika Resources has completed the first tranche of a capital raising, issuing over 307 million shares to raise $5.85 million before costs, supporting ongoing exploration at its Western Australian gold projects.

FIN Resources has secured A$1.7 million via a two-tranche placement to fund diamond drilling at its Cabin Lake Gold Project, targeting 14 undrilled high-priority prospects in Canada’s Northwest Territories.

Horizon Gold has reported a series of broad, high-grade gold intercepts from recent RC drilling at its Gum Creek Project in Western Australia, reinforcing the potential for resource expansion near its planned processing plant.

Waratah Minerals has unveiled compelling reverse circulation drilling results linking its Alpine and Gazzards prospects to Spur and Consols, establishing a continuous 6km gold corridor in New South Wales. The findings highlight shallow, high-grade gold mineralisation and set the stage for diamond drilling in late 2026.

Pengana Global Private Credit Trust (ASX: PCX) has successfully completed a $31.25 million wholesale placement, issuing over 15.8 million new units at $1.97 each, reinforcing its diversified global private credit strategy.

Yojee Limited has raised up to AUD 9 million through an oversubscribed placement and share purchase plan, aiming to fast-track the commercial expansion of its MOSAIC freight forwarding platform and TCMS transport software.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

Ava Risk Group has appointed Bryant Henson as CEO to spearhead its next growth phase, with a sharp focus on expanding its footprint in the United States and strengthening commercial execution worldwide.

Lake Resources has commenced the last regulatory hurdle for its Kachi Lithium Brine Project in Argentina, with a month-long public consultation underway ahead of an expected environmental approval in September.

Regis Healthcare is set to acquire Royal Freemasons Homes of Victoria’s home care business, adding around 480 clients and lifting its annual home care revenue to approximately $50 million. The deal, funded from existing cash, awaits regulatory approval and is expected to close in the second quarter of FY27.

Saturn Metals has secured underwriting for its $5 million Share Purchase Plan, complementing its recent $100 million placement and reinforcing funding for Apollo Hill development.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.