Latest Capital Raises News

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Broken Hill Mines has raised $38.5 million through a strongly supported placement to accelerate exploration and development at its Rasp and Pinnacles mines, aiming to boost production and capitalise on high silver prices.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.

PlaySide Studios reported a tough FY25 with a 25% revenue drop and a $7.4 million EBITDA loss, prompting a swift restructure. The company is optimistic about FY26, driven by strong original IP titles and expanding external projects.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.

Coda Minerals has successfully closed an oversubscribed $8.3 million entitlement offer, securing strong shareholder backing to fast-track drilling and pre-feasibility studies at its Elizabeth Creek Copper-Silver Project.

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.

Maggie Beer Holdings has raised $3 million through a placement to Frisden Pty Ltd, linked to Maurice Crotti AO, and plans a $2 million rights issue to shareholders at the same discounted price.

Barton Gold Holdings has secured $15 million through an institutional placement led by Franklin Templeton, with a $2.5 million Share Purchase Plan opening to shareholders. The capital raise supports the company’s goal to commission Stage 1 production by the end of 2026 in South Australia’s Gawler Craton.

Vulcan Energy has advanced its Phase One Lionheart Project with major German government grants, a strategic capital raise, and a significant lithium resource upgrade, positioning itself as a key player in Europe's EV battery supply chain.

Westar Resources has secured $1.5 million through a heavily discounted share placement aimed at funding exploration and new project due diligence. The capital raise involves issuing 300 million shares, including participation from company directors.