Latest Capital Raises News

FortifAI Limited reports steady revenue, significant cost reductions, and a strengthened balance sheet with $3 million cash and no debt. The company advances its AI Lab initiative while expanding its project pipeline and board expertise.

Avira Resources has broadened its Tangadee Project footprint in Western Australia and confirmed significant gold and nickel mineralisation at its Puolalaki Project in Sweden, setting the stage for upcoming drilling campaigns.

Whitebark Energy is progressing plans to drill the Rickerscote prospect in South Australia's Officer Basin, targeting hydrogen, helium, and hydrocarbons, while appointing a seasoned COO to lead growth.

Codeifai Limited advances its fintech and cybersecurity ambitions by acquiring a cutting-edge quantum-secure AI platform and a leading QR code competitor, backed by a $2.35 million capital raise.

My Rewards International has made strategic strides by acquiring Fly Wallet, enhancing its Mastercard-backed loyalty offerings, while preparing for ASX reinstatement through a $3.98 million entitlement offer and debt conversion plan.

Macro Metals Limited has progressed exploration at its Turner Iron Ore Project, secured a mining services contract in the East Pilbara, and completed key rehabilitation works, positioning itself for upcoming drilling and operational milestones.

Advanced Health Intelligence Ltd has locked in up to AUD 5.5 million from Oakley Capital Partners, reinforcing its capital base as it pushes toward reinstatement on the ASX and broader growth ambitions.

Burley Minerals reports promising iron ore assay results from its Cane Bore project and secures $1 million to fast-track exploration, while lithium prices rebound from multi-year lows.

Helix Resources has secured conditional agreements to earn up to 40% of the Gold Basin gold project in Arizona, while planning a resource update and expanded exploration. The company also reviewed its Australian Cobar assets and is preparing a capital raise to support ongoing operations.

Eastern Metals Limited has progressed its strategic acquisition of Raptor Resources while completing an initial capital raise and divesting a royalty interest, positioning itself for growth in copper exploration.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.