Latest Capital Raises News

Corazon Mining has made a decisive pivot to high-grade gold exploration in Western Australia, acquiring the Two Pools Gold Project and securing an option on Feather Cap, backed by a A$2 million capital raise.

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.

Mindax Limited has taken a decisive step toward full ownership of the Mt Forrest iron ore project, executing an option to acquire Norton Gold Fields' stake and raising $1.6 million to accelerate development. The company is also advancing infrastructure plans and gold exploration in Western Australia’s Mid-West region.

Mindax Limited reported a cash outflow for Q3 2025, with a focus on securing development partners and raising funds to advance its Mt Forrest Iron Project.

Gold Mountain Limited reported significant exploration progress across its Brazilian projects in Q1 FY2026, highlighting high-grade rare earth element and lithium discoveries alongside promising copper and gold anomalies.

Ark Mines Ltd reported a significant cash burn in the September quarter, prompting a $500,000 capital raise and plans to secure $4 million from a royalty sale to sustain operations.

Spacetalk Ltd reports robust 28% growth in active mobile subscribers and a 20% rise in annual recurring revenue, fueled by strategic international expansion and a forthcoming software-led platform upgrade.

Breakthrough Minerals Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant mineral project acquisition and capital raising. The suspension is set to last until the announcement or the resumption of trading on 30 October 2025.

AdNeo Limited reports a robust 54% increase in customer receipts for Q1 FY26, driven by the strategic acquisition of Learnt Group and significant cost synergies. The company also slashes debt and advances its sales pipeline, positioning itself for cash flow positivity within the year.

Stavely Minerals Limited reported a net cash outflow from operations of AUD 1.264 million for Q3 2025 but bolstered its cash reserves through financing activities, ending the quarter with AUD 1.722 million. The company signals a strategic reduction in exploration expenditure for the upcoming quarter to sustain operations.

Austral Resources Australia Ltd reported robust Q3 2025 copper production and secured $40 million in new capital, setting the stage for accelerated growth and ASX reinstatement.