Latest Capital Raises News

Tarrina Resources has launched a 1,200-metre diamond drilling program at its flagship Christmas Gift Gold Project, following extensive historic data validation and geological modelling. The company also advances copper and rare earth element projects in South Australia after a successful $5 million capital raise and ASX relisting.

Right Resources Limited has successfully listed on the ASX, raising $10 million through an oversubscribed IPO and progressing exploration at its flagship Pilot Project with a maiden diamond drilling program underway.

Chilwa Minerals has validated its rare earth element exploration model and boosted its heavy mineral sands resource, while securing A$8 million in funding and advancing plans for a US Nasdaq dual listing.

Black Bear Minerals has completed its acquisition of the Shafter Silver Project in Texas, revealing exceptional surface sampling results and commencing maiden drilling. Meanwhile, its Independence Gold Project in Nevada reports outstanding gold recoveries, underpinning a strong growth outlook.

M3 Mining Limited has identified promising new drill targets at its Edjudina Gold Project and secured additional funding to advance exploration activities, positioning the company for potential growth in Western Australia’s gold sector.

Forrestania Resources Limited has made significant strides in its expansion strategy during Q2 2025/2026, marked by the acquisition of Kula Gold Ltd, a substantial capital raise, and multiple project acquisitions across Western Australia.

Blue Star Helium has achieved its first commercial helium production at the Galactica Project in Colorado, marking a pivotal step as it ramps up operations and secures funding for expansion in 2026.

Patrys Limited has expanded its therapeutic portfolio by acquiring Reliis Pty Ltd, adding a proprietary injectable asset targeting delirium with near-term clinical milestones. This strategic move complements its existing biologics platform and strengthens its financial position.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Pacgold has completed its acquisition of the White Dam Gold Operation, initiating heap leach irrigation and a major drilling program to fast-track gold production and resource upgrades. Concurrently, promising exploration results at Alice River and St George projects underpin a robust growth outlook.

Encounter Resources has reported robust December quarter results, highlighting significant high-grade niobium and rare earth element discoveries at its Aileron Project, alongside promising copper anomalies in Western Australia’s Paterson Province. A $25 million placement aims to accelerate exploration and development.

Middle Island Resources has completed a strategic acquisition in Serbia, backed by a $3.4 million capital raise, and reported promising high-grade drilling results at its Bobija Project, signalling a significant step forward in its exploration ambitions.