Latest Capital Raises News

Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.

Opyl Limited has successfully raised $1.5 million through an oversubscribed placement to accelerate the growth of its AI-driven clinical trial platform, Trialkey. The capital injection underscores strong investor confidence as the company prepares for a pivotal expansion phase.

Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.

Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.

Equinox Resources has successfully raised A$3 million through a strategic placement to fund key milestones across its titanium, antimony, and iron ore assets. The capital injection aims to drive resource estimation, drilling, and legal progress in multiple jurisdictions.

Galan Lithium Limited has launched a $4 million Share Purchase Plan for existing shareholders following a $13 million institutional placement, aiming to bolster its capital base at a consistent share price of $0.11.

Redivium Limited has launched its Trading Division and secured key agreements as it pushes forward with European battery recycling projects, though funding challenges remain.

BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.

Discovery Alaska Limited has announced the termination of its mining lease for the Vinasale Project, choosing to preserve capital and concentrate on its flagship Chulitna Project alongside exploring new opportunities.

Elixir Energy has successfully closed its Share Purchase Plan, raising an additional $117,000 and bringing total capital raised to $7.1 million, supported by new shares and free attaching options.

Cazaly Resources has issued a replacement Appendix 5B for the March 2025 quarter to correct an administrative error, reaffirming a solid cash position with over six quarters of funding available.

Southern Cross Gold Consolidated Ltd has successfully arranged an upsized C$143 million funding round to fast-track its Sunday Creek Gold-Antimony Project in Victoria, Australia. This capital injection positions the company to advance drilling, underground development, and economic assessments over the coming years.