Latest Capital Raise News

Pacific Edge is raising NZ$24 million to shore up its finances and support a crucial Medicare re-coverage bid following a steep revenue drop after losing Medicare reimbursement for its bladder cancer test. The company eyes a draft Medicare policy by September 2026 as a potential turning point.

Lithium Plus Minerals has announced the immediate resignation of CEO Andrew Haythorpe for personal reasons, with Chair Bin Guo stepping in as acting CEO. This leadership shift comes amid ongoing development at the company’s Northern Territory lithium projects.

Savannah Goldfields has secured $3.5 million through a $1.5 million equity placement at a 31.5% premium and a $2 million tiered royalty sale to fund the Agate Creek mine restart and ongoing operations.

Yowie Group’s June quarter reveals a revenue decline to $1.93 million, offset by improved operating cash inflows and a successful $516,000 capital raise. The company advances product launches in North America and Australia while undergoing significant board restructuring.

WA Kaolin is seeking up to A$34.9 million through a fully underwritten entitlement offer aimed at restructuring its balance sheet, reducing shareholder loans, and funding operational improvements at its Wickepin kaolin project.

Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.

Jindalee Lithium has locked in a strongly supported A$11 million capital raise through a placement and entitlement offer to fund its McDermitt Lithium Project and the proposed NASDAQ listing of US Elemental Inc.

Energy Technologies Limited has secured nearly $2 million through a discounted share placement aimed at reducing debt and shoring up working capital amid ongoing financial restructuring.

Eden Innovations attributes recent share price rise to an upcoming US defence forum presentation, confirming no undisclosed material information.

Motio Ltd has marked a turning point with its first net profit, record sales activity, and a 13% increase in forward revenue, signaling a shift to scalable growth.

Taiton Resources has finished drilling a single 810m diamond hole at its Yogi prospect within the Highway Project, South Australia, with assay results due in June.

Aquirian Limited has secured $8 million through a strongly supported placement to accelerate growth of its Drillforce business and support a major $48 million contract at the Lord Byron mine.