Latest Capital Raises News

VHM Limited has successfully raised $8.25 million through a discounted share placement, bolstering funds for its Goschen Project's next development phase. A subsequent $2 million Share Purchase Plan offers existing shareholders a chance to participate.

Dalaroo Metals has appointed industry veteran Chris Connell as CEO, aiming to leverage his extensive exploration and capital markets expertise to advance its asset portfolio and growth strategy.

Nanoveu Limited has upsized its placement to $3.02 million, securing additional funding to fast-track the development and commercial rollout of its semiconductor, 3D visualisation, and solar coating technologies.

FBR Limited has completed the final tranche of its $6.3 million placement, enabling significant cost reductions and operational consolidation that position the company for a more sustainable future.

Celsius Resources plans to issue additional free-attaching options to investors in its Tranche 2 Placement, aiming to bolster support amid challenging geopolitical and economic conditions. These options, exercisable at a nominal price, await shareholder approval and ASX listing conditions.

Equinox Resources has successfully completed the first tranche of its $3.5 million capital raise, issuing nearly 31 million shares at 9.5 cents each. The second tranche, involving additional shares and options, is pending shareholder approval.

Nanoveu Limited has completed the first tranche of a $2.7 million capital raise, issuing over 61 million shares to bolster its advanced semiconductor and materials science ventures. Additional placements to executives and the Chairman are planned, pending shareholder approval.

VHM Limited has launched a partially underwritten equity placement and share purchase plan to fund the development of its Goschen rare earths and mineral sands project, targeting production by late 2026.

Excite Technology Services has successfully completed a $3 million placement, issuing 250 million new shares at a 9% premium, reflecting robust investor confidence.

Metgasco Ltd has announced a partially underwritten entitlement offer to raise up to $750,000, aiming to fund a production uplift program at its Odin and Vali gas fields. The capital raise targets near-term gas flow improvements and enhanced cash generation.

Arika Resources has expanded its drilling program across its Yundamindra and Kookynie gold projects to 10,000 metres, leveraging a recent $5 million capital raise and securing a versatile drill rig to accelerate exploration.

Wide Open Agriculture secures $2.6 million via placement and plans a $500,000 Share Purchase Plan to fast-track its expansion into China and boost global sales of its lupin protein products.