Latest Capital Raises News

Enterprise Metals Limited reported promising drilling results and secured significant funding to advance multiple Western Australian projects in gold, copper, and rare earths exploration.

Waratah Minerals reports significant high-grade gold intercepts extending the Spur Gold Corridor by over 500m, alongside a A$30 million capital raise to accelerate exploration.

Omnia Metals Group has completed its initial drilling at the Salt Creek Project with valuable geological insights, while securing a 50/50 joint venture over the promising Corvette Project and raising $1.58 million to fuel exploration and US acquisitions.

Krakatoa Resources has launched a major drilling campaign at its Zopkhito Antimony-Gold Project in Georgia, backed by a $3.1 million capital raise, while also expanding its rare earths landholding in Western Australia.

Elixinol Wellness Limited (ASX – EXL) has launched a substantial options offer to placement investors and its lead manager, pending shareholder approval. The offer could reshape the company’s capital structure and potentially raise $4.4 million upon exercise.

Cassius Mining Limited reports steady progress on its Soalara Limestone Project joint venture discussions and updates on its international arbitration case against Ghana, while raising $250,000 through share and convertible note issuances.

ARC Funds Limited reports a solid September quarter with a $634,000 equity placement, positive cash flow, and the successful integration of The Term Deposit Shop, positioning itself for further expansion.

Netlinkz Limited reports steady customer receipts and strategic investments in its Securelink joint venture, while preparing for an ASX relisting and a rebrand to Securelink Networks Ltd.

Nutritional Growth Solutions reported a 13% revenue increase in Q3 FY25, driven by expanded US retail distribution and inventory replenishment. The company raised AU$760k to support growth but faces a tight cash runway, banking on upcoming capital raises and retail momentum.

Noronex Limited has advanced its copper and uranium exploration with significant drilling results in Namibia and a strategic expansion into Botswana, backed by South32 funding and a recent capital raise.

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

FMR Resources has commenced a 4,000m diamond drilling program at its newly acquired Chilean copper-gold-molybdenite project, supported by a $3.4 million capital raise and strategic board appointment.