Latest Capital Raises News

Vintage Energy has agreed to sell its entire 25% interest in the PEP 171 permit in Victoria’s Otway Basin to Beach Energy for $1.25 million, marking a strategic pivot towards its Southern Flank gas fields project.

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Boab Metals has raised A$6 million through a placement to advance its Sorby Hills lead-silver-zinc project, aiming to accelerate pre-development and exploration activities ahead of a final investment decision.

Butn Limited has raised $20 million through a $10 million equity placement and a $10 million credit facility, positioning the fintech for expanded growth in SME funding.

West Wits Mining has raised approximately A$14.36 million through a share placement to fund production at its Qala Shallows gold project and increase its ownership in the Witwatersrand Basin Project to 74%.

Hazer Group has raised A$8 million through a share placement and launched a A$2 million Share Purchase Plan to accelerate its clean hydrogen and graphite technology commercialisation.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.

Zenith Minerals has launched a fully underwritten A$3.5 million entitlement offer to fund an aggressive drilling campaign at its newly consolidated Dulcie Gold Project and advance exploration at Red Mountain. The capital raise aims to expand resources and push towards commercial gold production.

BluGlass Limited has extended its Share Purchase Plan closing date to June 18, 2025, securing an extra $1.5 million in institutional commitments to accelerate production of its gallium nitride lasers.

Harvest Technology Group’s CEO, Ilario Faenza, has stepped in with a $500,000 unsecured loan to support the company’s working capital, highlighting ongoing liquidity management efforts.

Solstice Minerals secures a $2.13 million strategic placement from Paradice Investment Management, making Paradice its largest shareholder and fueling exploration at key Western Australian projects.

Pacgold Limited reports strong initial results from its 2025 drilling campaign at the Alice River Gold Project, revealing significant shallow high-grade gold intersections that reinforce the project’s bulk tonnage and high-grade potential.