Latest Capital Raises News

Hawk Resources Limited has had its trading suspension lifted immediately following a significant announcement about an acquisition and capital raising, signaling renewed momentum for the mining company.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

Livium Ltd has successfully raised A$4.5 million through a strategic placement to accelerate its battery recycling operations and expand into rare earth element and solar panel recycling. The capital injection will fund a new centralized processing hub and broaden its clean energy waste recycling capabilities.

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.

Carbonxt Group Limited has raised $920,000 through convertible notes and a share placement to major shareholder Phelbe Pty Ltd, aiming to strengthen working capital and increase its stake in New Carbon Processing, LLC.

Orthocell has raised $30 million through an institutional placement to accelerate the US commercialisation of its flagship nerve repair product Remplir and expand its regenerative medicine portfolio.

Coventry Group reports a 4.5% increase in Q1 FY26 sales alongside a notable EBITDA turnaround, underpinned by a $10 million cost-out program and fresh executive appointments.

Golden Deeps Ltd has raised $3.54 million through an oversubscribed placement to accelerate exploration and drilling at its Otavi Mountain Land Critical Metals Projects in Namibia, focusing on the high-grade Graceland Prospect.

Andromeda Metals has raised $13 million through a placement and launched a $2.5 million Security Purchase Plan to accelerate development of its Great White and High Purity Alumina projects.

INOVIQ Limited has completed a $9.5 million placement to institutional investors and launched a $2 million Share Purchase Plan for existing shareholders, aiming to bolster its cancer diagnostics and therapeutics pipeline.

Gateway Mining has launched a significant 4,600 metre diamond drilling campaign at its Yandal project, complementing an extensive aircore program and backed by strong financial resources.

DeSoto Resources has initiated its first-ever reverse circulation drilling at the historically artisanal Dadjan Gold Project and commenced power auger drilling at the Tole Gold Project in Guinea, unveiling promising early assay results.