Latest Capital Raise News

BauMart Holdings Limited has announced a rights issue to raise approximately $482,000 by offering new shares at a steep discount, aiming to accelerate equipment delivery, fund R&D, and support international recruitment.

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

Predictive Discovery Limited has reported robust drilling results at its Bankan Gold Project in Guinea, alongside key environmental approvals and a strategic A$69 million capital raise, positioning the company for accelerated development.

Titanium Sands Limited has secured the Terms of Reference for the Environmental Impact Assessment of its Mannar Heavy Mineral Project, marking a pivotal regulatory milestone. The company is also progressing tenure retention applications amid plans for further capital raising.

Desert Metals Limited has advanced its gold exploration in Côte d'Ivoire with extensive drilling programs at Tengrela South and Adzope, supported by a recent $3.25 million placement to fund ongoing activities.

Miramar Resources has unveiled significant nickel-copper sulphide discoveries at its Bangemall project, supported by a $1.8 million capital raise to accelerate exploration across multiple Western Australian projects.

Forrestania Resources delivered strong high-grade gold drilling results at Ada Ann and Lady Lila, while exercising key options to broaden its exploration footprint in Western Australia.

Hamelin Gold Limited advances its Western Australia gold exploration with co-funded drilling programs at Fremlins South and Jazz prospects, while completing a significant $2.8 million capital raise to fuel further activity.

Haranga Resources has acquired the Lincoln Gold Project in California, boasting historic production of ~3.4 million ounces and a current indicated and inferred resource of 286,000 ounces. Concurrently, the company advances uranium exploration in Senegal and completes a $1.14 million capital raise.

Energy Action Limited has posted a positive net operating cash flow of A$59,000 for the quarter ending March 31, 2025, while maintaining a robust cash balance of A$1.61 million. The company’s latest cash flow report reveals steady financing activity and prudent investment spending.

Alchemy Resources Limited reported a modest net cash outflow in operating activities for Q1 2025 but ended the quarter with a robust cash balance supporting over 17 quarters of funding.