Latest Capital Raises News

Osmond Resources has raised A$6.6 million through a discounted placement to fund its 2026 work program targeting titanium, zircon, and rare earth extraction in Spain. The capital boost positions the company to progress its Orión EU Critical Minerals Project amid growing EU demand for local supply.

Zenith Minerals reports encouraging assay results from its Consolidated Dulcie drilling program in WA, confirming gold mineralisation consistent with its July 2025 Exploration Target and revealing high-grade intercepts. The company targets a maiden JORC Mineral Resource Estimate by late February 2026.

St George Mining reports exceptional drilling results at its Araxá Rare Earths and Niobium Project, significantly expanding its resource footprint, alongside a successful $72.5 million capital raise to fund ongoing development.

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Skylark Minerals Limited has applied for ASX quotation of 37.98 million fully paid ordinary shares from a previously approved placement, signalling a key step in its capital expansion strategy.

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Sprintex Limited has raised A$3.625 million through option exercises and a share placement, strengthening its balance sheet and accelerating growth following a landmark €15.6 million contract with Mest Water.

InhaleRx Limited has completed the final tranche of its share placement, raising $600,000 to support its clinical-stage drug development programs targeting pain and mental health.

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Ryzon Materials Limited faces ASX scrutiny over the timing and disclosure of a $1 million advance from Xinhai Mining, with the company responding to regulatory queries and committing to improved governance.

Fatfish Group Limited has refinanced its $5.67 million debt with Arena Investors LP and secured an additional $0.15 million through new convertible notes, including a board nomination right for Arena.

Volt Group Limited has completed its acquisition of 4D Delta and secured a $4 million share placement, marking a significant step in its strategic growth.