Latest Capital Raise News

Echo IQ has locked in a pivotal exclusive data licensing deal with Advara HeartCare, gaining access to as many as one million de-identified echocardiography studies, a move set to turbocharge its cardiovascular AI development.

Electro Optic Systems (ASX:EOS) has secured two significant defence contracts in the Middle East worth about A$38 million, marking a strategic expansion in its defence technology footprint.

Sunstone Metals is pushing the boundaries of its Bramaderos gold-copper project in Ecuador, with all 20 holes assayed in the current drilling campaign delivering long mineralised intersections. The Porotillo porphyry system alone now extends mineralisation over an area of roughly 500m by 200m beyond the existing 3.6Moz resource.

Qoria Limited and Aura Consolidated Group have fixed the exchange ratio for their proposed merger, with shareholders to receive one Aura CDI for every 17.32 Qoria shares. Aura’s US$100 million capital raise values Qoria shares at A$0.40 each, positioning Qoria shareholders to hold nearly a third of the merged entity.

Diablo Resources has cleared a major hurdle with shareholder approval to acquire an 80% stake in the Horn Silver Project, a historically rich silver and gold mining district in Utah. The acquisition unlocks a suite of exploration opportunities with a maiden drill program set for later this year.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Forrestania Resources has secured A$310 million through a two-tranche placement to fund the A$300 million acquisition of the Edna May Gold Hub from Ramelius Resources, advancing its dual processing hub strategy in Western Australia.

Akora Resources has placed the remaining $1.54 million shortfall from its entitlement offer and raised an additional $164,000 in a placement, bolstering funds to advance its Bekisopa iron ore project in Madagascar.

Vertex Minerals launches a $2.5 million Share Purchase Plan at $0.10 per share, offering eligible shareholders a chance to invest ahead of commercial gold production at Reward Gold Mine.

Strategic Elements has achieved a significant milestone with the granting of a patent in Japan for its Energy Ink™ moisture energy platform, reinforcing its foothold in a critical electronics market and advancing its battery-free device ambitions.

Recce Pharmaceuticals has received a significant A$3.7 million income tax refund from the Australian Taxation Office, strengthening its cash position to approximately A$33.1 million as it prepares for critical Phase 3 clinical milestones.

Boab Metals has begun dismantling the DeGrussa processing plant to relocate it to Sorby Hills, with first silver-lead concentrate production targeted for the second half of 2027. Key infrastructure is progressing ahead of schedule, and an updated Project Delivery Plan will reflect higher silver prices and extended mine life.