Latest Capital Raises News

Aeris Resources has bolstered its financial position by completing an $80 million placement and repaying $40 million of debt early, setting the stage for growth in FY26.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

Mount Hope Mining has issued over six million shares via placement and is set to offer additional shares through a share purchase plan, signaling a strategic capital raise.

Pivotal Metals is ramping up exploration at its Belleterre projects in Quebec following a successful $5.4 million financing, targeting high-grade gold, copper, nickel, and PGM deposits with drilling planned for late 2025.

Yugo Metals has secured a $385,000 VAT refund from Bosnia-Herzegovina authorities, strengthening its financial position alongside a recent $3.5 million capital raise. This funding boost sets the stage for accelerated exploration at its promising gold targets.

Middle Island Resources has completed its acquisition of Konstantin Resources, issuing over 750 million new securities following shareholder approval. This marks a significant expansion in Middle Island's portfolio and capital structure.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Arafura Rare Earths secures an ASX waiver allowing eligible shareholders to vote on its upcoming Share Purchase Plan, ensuring broader participation in a key capital raising step.

Carnavale Resources Limited has successfully completed a non-renounceable entitlement offer, raising approximately AUD 2.66 million through the issue of new shares, fully underwritten by Canaccord Genuity.

Alice Queen Limited is updating its Horn Island Gold Project scoping study following a dramatic gold price increase, while engaging GBA Capital to explore financing options.

EnergyX’s share price hike to US$11 signals renewed investor confidence and a lithium market rebound, increasing Pantera Lithium’s holding value by A$5.4 million.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.