Latest Capital Raises News

Finder Energy has agreed to acquire the versatile FPSO Petrojarl I for US$15 million, aiming to fast-track the KTJ Project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. The company is raising A$25 million through a two-tranche placement to fund this acquisition and project development.

Vulcan Energy Resources has locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, marking a pivotal move from development to construction. The project aims to supply Europe with low-carbon lithium for electric vehicle batteries alongside renewable power and heat.

Sunrise Energy Metals has raised A$18.865 million through a premium-priced share placement to fast-track pre-construction at its Syerston Scandium Project, reinforcing its path toward becoming a primary scandium supplier.

Corazon Mining has successfully raised $1.8 million through a placement to fast-track exploration at its Two Pools and Feather Cap gold projects in Western Australia. The funding sets the stage for maiden drilling programs in early 2026, aiming to confirm high-grade historical results.

Mammoth Minerals has raised A$7.5 million through a placement to accelerate exploration at its high-grade Excelsior and Bella Gold Projects in Nevada, aiming to unlock significant gold potential.

Polymetals Resources has raised $34.4 million through a share placement to boost exploration and production at its Endeavor Silver Zinc Mine, attracting strong institutional demand.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.

MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.

Galilee Energy Limited has been reinstated to trading on the ASX following the announcement of a significant capital raising and acquisition, signaling a pivotal moment for the energy explorer.

Galilee Energy has secured an option to acquire the Zydeco Gas Project in Louisiana, marking a strategic expansion into the US market, supported by a A$6.5 million capital raise to accelerate development.

Biotron Limited has completed a $1 million placement to fund the development of its newly acquired Sedarex Limited assets, marking a strategic expansion of its antiviral portfolio.

Mayfield Group Holdings has successfully closed an oversubscribed share purchase plan, raising over $5 million against a $3 million target, prompting a pro rata scale-back for larger applications.