Latest Capital Raises News

Cannindah Resources has secured $4.5 million through a fully underwritten entitlement offer to accelerate drilling at its Mt Cannindah copper-gold project, unveiling promising new high-grade porphyry targets that could reshape its resource profile.

JAYRIDE Group Limited has secured $200,000 through the issuance of convertible notes, aiming to support its SaaS platform expansion and meet ASX requotation requirements. The raise includes participation from a sophisticated investor and a company director, with shareholder approval pending.

International Equities Corporation Ltd reported a modest revenue increase for Q1 2025-26 but faced a sharper after-tax loss, pressured by weak tourism and rising costs. Despite challenges, the company maintains a strong liquidity buffer.

Jindalee Lithium has raised approximately A$8 million through a share placement priced at 55 cents per share, while also issuing options to key participants. Further share and option issuances await shareholder approval in December.

Range International Limited has reported its strongest quarterly sales to date, driven by its Re>Pal Indonesia operations, while gearing up to double production capacity with a new factory and pivoting to a pallet rental model.

New Age Exploration Limited has raised $3.75 million to accelerate drilling at its promising Wagyu Gold Project in Western Australia and Lammerlaw Gold Project in New Zealand, targeting Hemi-style mineralisation and Macraes-style analogues.

Pivotal Metals has raised $5.4 million to accelerate exploration at its Belleterre copper-gold project in Quebec, supported by prominent investors including Matthew Latimore. Drilling is set to begin in December 2025, targeting high-grade mineralisation zones.

Chilwa Minerals has successfully raised A$8.125 million through a private placement anchored by the Mota family office, aiming to fast-track its critical minerals project in Malawi.

Lake Resources has strengthened its financial position with a $12 million capital raise and delivered a 16% cut in capital expenditure for its flagship Kachi Lithium Brine Project, advancing its path toward low-cost lithium production.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

S2 Resources has ramped up exploration activities across multiple Australian projects, commencing diamond drilling at Warraweena and expanding ground at Jillewarra, while securing A$0.61 million through capital raisings and maintaining a robust cash position bolstered by a significant Valkea Resources investment.

Great Northern Minerals has completed its strategic acquisition of the Catalyst Ridge Project in California, positioning itself in a key US critical minerals hub with promising rare earth and antimony prospects.