Latest Capital Raises News

Ballymore Resources has restarted a 3,000-metre drilling program at its Torpy’s silver-lead-zinc-indium discovery in north Queensland, following a wet season pause. Early drilling results confirm multiple high-grade mineralised shoots and broad shallow zones, pointing to a potentially large mineralised system.

Syntara Limited offers existing shareholders a discounted share purchase plan to raise about $2 million, following a recent $8 million institutional placement to fund clinical trials and licensing.

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

NEXTDC has successfully closed the retail segment of its fully underwritten entitlement offer, securing A$480 million at A$12.70 per share. The total raise of approximately A$1.5 billion demonstrates strong investor backing ahead of the shares commencing trade on 19 May 2026.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Novo Resources narrowed its Q1 2026 net loss to CAD 685K, boosted cash to CAD 10.6M following a $5.9M placement, and outlined aggressive gold and antimony drilling campaigns in Australia.

GreenX Metals has leveraged a 2000 airborne hyperspectral survey to identify fresh high-priority tungsten, antimony, and gold targets at its Eleonore North Project in East Greenland. The discoveries sit adjacent to historical high-grade estimates, setting the stage for 2026 fieldwork aimed at advancing drill-ready targets.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.

Pacific Edge launches a NZ$6 million retail share offer at NZ$0.17 per share following a NZ$25.4 million institutional placement, aiming to strengthen its balance sheet and support Medicare reimbursement efforts for its bladder cancer diagnostics.

Finder Energy (ASX:FDR) is advancing its KTJ Project in Timor-Leste, aiming for a final investment decision by mid-2026 and first oil production by late 2027. Ownership of the Petrojarl I FPSO and strategic alliances underpin a fast-tracked development with forecast production of up to 30,000 barrels per day.

WCM Global Growth Limited has raised its fully franked quarterly dividend to 2.21 cents per share for Q3 FY2026, signaling a progressive dividend policy with planned increases through to March 2027, backed by strong long-term portfolio performance.

Maronan Metals is set for a leadership change as Managing Director Richard Carlton steps down in December 2026, with a CEO search underway to guide the project through feasibility and mine development.