Latest Capital Raises News

Eastern Metals updates its proposed acquisition of Raptor Resources, shifting to a takeover bid or scheme of arrangement, alongside a $4-5 million capital raise via share placement.

VBX Limited has successfully listed on the ASX and revealed strong preliminary feasibility results for its Wuudagu Bauxite Project, positioning itself to capitalize on rising bauxite demand and supply uncertainties.

Pacific Edge reports steady demand for its Cxbladder cancer diagnostic tests despite losing Medicare coverage and transitioning US customers to a new test. The company is advancing clinical evidence and a $21 million capital raise to support growth and regain coverage.

Bio-Gene Technology Limited has announced an offer of over 95 million Placement Options to investors and its Lead Manager, contingent on shareholder approval at an upcoming extraordinary general meeting. If exercised, these options could inject approximately $3.8 million into the company.

Top Shelf International Holdings is set to raise up to $10 million through convertible notes to support a strategic business restructure and operational improvements, alongside forging a key sales partnership with Amber Bev.

Mithril Silver and Gold Limited has arranged a placement to raise up to C$11.5 million, aiming to accelerate exploration at its Copalquin project in Mexico’s prolific Sierra Madre Trend.

TALi Digital has completed a modest capital raise through a 1-for-6 entitlement offer, coinciding with its strategic acquisition of You Can Do It! Education, signaling a push into social-emotional learning.

Diablo Resources has successfully raised $396,000 to fund drilling at its Phoenix Copper Project, targeting promising copper and silver prospects adjacent to the Lisbon Valley Copper Mine.

RBR Group Limited has launched a Share Purchase Plan to raise up to $650,000, offering eligible shareholders shares at a notably low price of $0.001 each. The funds will support a joint venture, repay convertible notes, and bolster working capital.

Red Mountain Mining reports promising gold assays at Oaky Creek and announces a fully funded trenching and soil sampling program to advance its Armidale Antimony-Gold project.

Golden Horse Minerals has reported further high-grade gold assay results and a northern strike extension at its Hopes Hill project, reinforcing the potential for a significant resource. Planned deeper drilling and geophysical surveys aim to unlock more of this south-plunging gold system.

Australian Strategic Materials Limited (ASM) reminds eligible shareholders that its underwritten Share Purchase Plan closes on 17 July 2025, offering shares at a 20% discount. The plan is underwritten to $3 million by Canaccord Genuity, aiming to bolster ASM’s capital base.