Latest Capital Raise News

WA Kaolin has launched its retail entitlement offer following the distribution of its prospectus, inviting eligible shareholders to participate in a key capital raising initiative.

Trigg Minerals has secured NSW Government approval for the transfer of its Achilles Project licence, enabling formal exploration of the high-grade Wild Cattle Creek antimony deposit.

Whitebark Energy Limited has issued a supplementary bidder's statement updating its $3 million capital raising and correcting share valuation details in its ongoing takeover offer for King Energy Limited.

Entyr Limited has extended the closing date for its capital raising offers to 3 March 2025, providing investors additional time to participate in new share and option subscriptions.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Norwood Systems has extended its cash drawdown facility for the sixth time, increasing the principal to $732,189.69 and pushing the repayment deadline to late February 2025.

Macarthur Minerals Limited reported a comprehensive loss of AUD 252,771 for Q4 2024, marking a sharp reversal from the prior year's profit. The company is navigating reduced exploration spending and strategic asset sales while facing ongoing funding challenges.

Macarthur Minerals Limited reported a substantial loss of A$25.6 million for the nine months ending December 31, 2024, driven largely by the sale of its Hematite Project. Despite this setback, the company outlines plans for future funding and operational adjustments to sustain its business.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.

Scorpion Minerals Limited has had its trading suspension lifted following an announcement about a potential joint venture and capital raising, signaling renewed market activity.

Scorpion Minerals has expanded its footprint in the Murchison Gold Province through a strategic farm-in and joint venture agreement with E79 Gold Mines, aiming to earn a 70% stake in the Jungar Flats Gold Project. Supported by a $1.5 million placement, the company is poised to commence drilling on high-grade targets imminently.

Forbidden Foods Limited has raised $1 million to boost inventory for its Blue Dinosaur and Oat Milk Goodness brands, following a remarkable 104% jump in quarterly sales.