Latest Capital Raises News

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Belararox has locked in a further A$2 million through a placement priced 25% above its current shares, boosting funds for copper exploration in Botswana and Argentina.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Syntara Limited has completed a $0.84 million Share Purchase Plan, boosting its total capital raise to $8.84 million to fund multiple clinical trials and patent development through to Q3 2027.

Hydrix Limited has closed the retail component of its $8.18 million entitlement offer, raising $1.34 million through a 31% participation rate. The company aims to use the proceeds to reduce debt, support operations, and invest in defence technology, with a significant convertible note debt conversion pending shareholder approval.

Peako Limited is set to acquire a substantial gold exploration portfolio in Saudi Arabia’s emerging Central Arabian Gold Region, backed by a $5.17 million placement to fund near-term drilling and exploration.

Spenda Limited has secured $1.85 million from its institutional entitlement offer at $0.004 per share, progressing its $8.545 million capital raise aimed at debt reduction and product development. The retail component opens next week to raise an additional $6.7 million.

Burley Minerals has secured A$1 million through an oversubscribed Share Purchase Plan and placement, funding maiden drilling at its Pilbara iron ore project and lithium exploration in Canada.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

Vinyl Group has acquired Time Out Australia from Time Out England for nominal consideration, boosting its digital audience reach to 55% of Australians and completing a $2.4 million placement to fund integration. The acquisition is expected to be earnings accretive in FY27, reinforcing Vinyl's position as a leading cultural media platform.

Almonty Industries has closed a US$700 million convertible senior notes offering, including a full US$100 million over-allotment exercise, bolstering its balance sheet to accelerate development of the Sangdong tungsten mine and secure a non-China supply chain for Western defence.

ImpediMed has successfully closed an oversubscribed Share Purchase Plan, raising $2.1 million following a $13.2 million institutional placement. The strong shareholder response underscores confidence ahead of a key shareholder vote.