Latest Capital Raise News

Ryzon Materials will exit the ASX as it pursues a US exchange listing and prepares a fresh capital raise. The company remains focused on advancing its Nachu Graphite Project despite the transition.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

Ovanti Limited has completed a $1 million capital raise through a discounted share placement to accelerate its buy now, pay later business expansion in the United States.

Nanoveu Limited has raised A$7.5 million through a strategic placement to accelerate the commercial rollout of its cutting-edge EMASS ECS-DoT semiconductor technology, including a rapid 16nm chip tape-out and live drone validation.

Auris Minerals has secured $3.2 million to expand its geological team and accelerate exploration in Western Australia's Bryah Basin, following mixed assay results from its Morck Well gold prospects.

29Metals Limited has announced a fully underwritten $150 million entitlement offer to bolster liquidity, address operational disruptions at Golden Grove, and accelerate development projects including the Gossan Valley and Capricorn Copper restart.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

Norwest Minerals has entered a three-year At-The-Market equity subscription agreement with Dolphin Corporate Investments, unlocking up to $3 million in standby capital to support its Bulgera Gold project and ongoing operations.

VRX Silica Limited has locked in six binding offtake contracts totaling nearly 1 million tonnes per annum and appointed a new CEO, marking significant progress for its Arrowsmith North silica sand project.

Golden State Mining Limited has appointed a new board and managing director, completed a $1.5 million capital raising, and is advancing exploration with a disciplined approach focused on its Western Australian gold projects.

Identitii Limited has voluntarily suspended trading of its deferred settlement securities following a takeover dispute initiated by Mitchell Asset Management. The suspension awaits a critical announcement on the Takeovers Panel's decision.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.