Latest Capital Raises News

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Proteomics International Laboratories has secured $12 million to fast-track its precision diagnostic tests, including the US launch of PromarkerD for diabetic kidney disease, backed by a new AMA billing code. The company also advances its pipeline with new patents and commercial partnerships.

Elanor Investors Group announces a $125 million strategic investment from Rockworth Capital Partners to stabilise its balance sheet and fund growth, including the acquisition of Singapore’s Firmus Capital.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.

Zenith Minerals reports a landmark quarter with a 41% increase in gold resources at Dulcie Far North, a strategic land acquisition, and a successful A$3.5 million entitlement offer to accelerate exploration.

Jcurve Solutions has raised $1 million through a strategic share placement at a significant premium, bringing on a new investor with deep Oracle NetSuite expertise and appointing a nominee director to its board.

Bubalus Resources has completed maiden drilling at its Bubalus South gold-antimony project and is gearing up for further drilling at Crosbie North and Avon Plains, supported by a strong cash position of AUD 3.25 million.

Peregrine Gold Limited has completed key geophysical surveys and aircore drilling at its Newman Gold Project, revealing promising gold anomalies and a significant Channel Iron Deposit near major iron ore operations. The company also successfully raised over $0.8 million, positioning itself for an active exploration phase ahead.

Miramar Resources invites eligible shareholders to participate in a $1 million Share Purchase Plan at a 20% discount, aiming to accelerate drilling at its promising 8 Mile gold prospect within the Gidji JV Project.

Bellevue Gold Limited delivered a standout June quarter with record free cash flow and significant operational gains, while advancing its ambitious net zero emissions target.

Nimy Resources has been hit with a $3.75 million legal claim from Lind Global Fund alleging breach of a placement agreement. The mining company disputes the claim and plans to defend the case in court.

Peak Rare Earths advances its Ngualla project with a proposed A$158 million acquisition by Shenghe Resources, alongside a successful A$7.5 million capital raise and rising rare earth prices.