Latest Capital Raises News

Broken Hill Mines Limited has locked in a binding underwriting agreement for its BHMO Options, aiming to raise approximately A$7.5 million to accelerate drilling and development at its Broken Hill projects.

Sultan Resources has completed a $1 million strategic placement at a premium, positioning itself for key acquisitions and exploration in Namibia and Western Australia.

St George Mining has secured A$72.5 million in institutional and strategic funding to advance its Araxá rare earths and niobium project in Brazil towards a final investment decision. The capital raise underscores the project's strategic importance amid tightening global critical minerals supply chains.

Core Lithium has significantly increased its Ore Reserves at the Finniss Lithium Project by 42%, secured $54.3 million in fresh capital, and cleared all offtake obligations to advance its restart plans.

Gateway Mining’s recent Induced Polarisation survey at the Yandal Gold Project has refined key gold targets, setting the stage for a significant diamond drilling campaign starting this week.

Peninsula Energy has completed a significant A$69.9 million equity raise backed by cornerstone investor Tees River Uranium Fund, alongside fully drawing its Davidson Kempner debt facility, setting the stage for accelerated uranium production at its Lance Project in Wyoming.

Nimy Resources reminds shareholders of the imminent closing of its Share Purchase Plan, following promising developments at its Mons Critical Mineral project and a recent $1.72 million placement.

St Barbara Limited has successfully raised A$58 million through an institutional placement to fund key growth initiatives at its Simberi gold operations, signaling confidence in its expansion strategy.

Western Gold Resources has secured key approvals, funding, and contracts to fast-track its Gold Duke Project in Western Australia towards near-term gold production.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

Lake Resources N.L. has launched a pro-rata bonus loyalty options offer to eligible shareholders, granting one option per ten shares held, exercisable at A$0.05 over three years. This move aims to reward shareholder support and potentially raise capital for advancing its Kachi lithium project in Argentina.