Latest Capital Raises News

Sunrise Energy Metals has addressed ASX concerns over recent share price volatility, confirming no undisclosed material information beyond announced scandium assay results. An updated Mineral Resource Estimate and Feasibility Study for the Syerston project are expected imminently.

Marimaca Copper has raised A$80 million through a brokered placement to fund detailed engineering and exploration at its flagship Chilean projects, signaling strong investor confidence.

Austral Resources Australia Ltd has secured an extension of its ASX suspension to 31 October 2025, enabling the company to finalize the pivotal Rocklands transaction and associated capital raise.

EMU NL has announced a $1.83 million non-renounceable entitlement offer to fund exploration at its Georgetown and Badja projects, while facing potential board upheaval at an upcoming general meeting.

Argent Minerals has raised $4.85 million through an oversubscribed placement to fast-track exploration and development at its Kempfield Silver-Polymetallic Project and nearby copper-gold assets in New South Wales.

Rubix Resources (ASX, RB6) has resumed trading after lifting its suspension, following key announcements on its drilling program, capital raising, and a proposed acquisition.

Rubix Resources Limited has responded to ASX inquiries about unusual trading activity by disclosing initial drilling observations at its Paperbark Project and preliminary discussions on a potential acquisition, while cancelling a planned capital raising.

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

Black Canyon Limited has raised $10 million through a share placement to accelerate exploration and development of its promising Wandanya manganese and iron discovery in Western Australia.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

PlaySide Studios has completed a $1.825 million Share Purchase Plan, adding to a recent $6.47 million private placement, to strengthen its balance sheet and support marketing efforts for upcoming game releases.