Latest Capital Raises News

American Tungsten & Antimony Ltd (ASX: AT4) has raised A$10 million through a strongly supported placement and secured a 40% Utah state tax credit, underpinning its strategy to develop a domestic US supply chain for tungsten and antimony ahead of a planned Nasdaq listing.

4DMedical’s CT:VQ™ technology has been clinically validated in a top respiratory journal, showing a leap in patient response rates for lung volume reduction surgery from 46% to 76%, promising improved outcomes and hospital efficiencies.

Dotz Nano appoints experienced tech leader Nati Harpaz as CEO amid a A$3.3 million capital raise, with Harpaz personally investing over A$1 million to back the company’s commercial push.

Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.

Ballymore Resources has kicked off a detailed gravity survey across a 32km corridor at its Ruddygore Project, aiming to refine targets for silver-lead-zinc and skarn-porphyry deposits. Funded by $383,000 in Queensland government grants, the survey complements ongoing high-grade drilling at Torpy's.

WA Kaolin has successfully recapitalised its balance sheet by approximately A$16.1 million through a partially underwritten entitlement offer and significant debt reduction, positioning the company for operational growth at its Wickepin kaolin project.

Alternative Investment Trust (ASX: AIQ) is set to raise approximately A$10.2 million through a placement of 7.39 million units priced at A$1.38, matching its adjusted net tangible asset value. The capital will bolster AIQ’s exposure to the WSS Master Fund and other investments.

Stellar Resources has returned strong high-grade tin results at its Montana deposit, complementing near-complete drilling at Severn and reinforcing the Heemskirk Tin Project's status as Australia's highest-grade undeveloped tin resource.

Invion Limited has partnered with South Korea's SANGMYUNG Innovation to explore its Photosoft™ photodynamic therapy for wet age-related macular degeneration, addressing a large unmet medical need in ophthalmology.

Argo Global Listed Infrastructure Limited offers eligible shareholders a chance to buy up to $30,000 in discounted shares via its first Share Purchase Plan since 2022, aiming to fund further global infrastructure investments.

Babylon Pump & Power has called off its planned acquisition of a water pumping and storage business after failing to agree on terms. The ASX-listed company now aims to refresh working capital through a capital raise and lift its trading suspension.

Island Pharmaceuticals has appointed Mark Herzog as Senior Global Health Security Advisor and secured roles in key Medical Countermeasures Coalition groups, boosting its US biodefence engagement ahead of pivotal Galidesivir Animal Rule studies.