Latest Capital Raise News

NOVONIX has reached mutual agreement to draw down an additional US$40 million tranche of convertible debentures from Yorkville Advisors, advancing its funding strategy to support growth in battery technology.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Maronan Metals has released a robust Preliminary Economic Assessment for its Starter Zone, highlighting strong economics and a promising 10-year mine life, while securing $16 million in fresh capital to propel development.

XPON Technologies reports a robust Q1 FY26 with 17.5% revenue growth, positive cash flow, and strategic leadership changes, setting a strong foundation for the year ahead.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Brazilian Rare Earths Limited has inked a decade-long heavy rare earths offtake deal with Carester and announced a major maiden resource at its Amargosa bauxite project, backed by a $120 million capital raise to accelerate development.

Moho Resources has significantly expanded its Bush Chook Gold Project in Western Australia, securing 26 new prospecting licences and unveiling high-grade gold assay results that set the stage for a substantial drilling program backed by a $2 million capital raise.

Boab Metals has secured key environmental approvals and launched a $50 million capital raise to advance its Sorby Hills Lead-Silver-Zinc Project, marking a pivotal step toward production.

Kingfisher Mining secures shareholder approval for NSW tenement acquisition and accelerates exploration at Copper Blow and Mick Well REE projects, backed by a solid $2.35 million cash position.

Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.