Latest Capital Raises News

Impact Minerals (ASX:IPT) has initiated a renounceable pro-rata entitlement offer to raise up to $4.13 million at $0.032 per share, with two free attaching options for every three new shares. The partially underwritten raise aims to fund exploration and development across its key projects including High Purity Alumina.

True North Copper (ASX:TNC) has secured A$18 million in a placement upsized due to strong demand, plus a capped A$2 million Share Purchase Plan, to finalize its Mt Oxide acquisition payment and fund drilling and development across its copper projects.

Audalia Resources plans a $450,000 share placement to advance its Medcalf project and bolster working capital, while continuing to explore further funding options for regulatory approvals.

Avenira Ltd (ASX:AEV) is raising nearly $49 million through a heavily discounted three-for-two renounceable rights issue to finance the transition of its Wonarah Phosphate Project from development to production.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Andromeda Metals is targeting $3 million through a Share Purchase Plan to fund the next phase of its High Purity Alumina project, including pilot plant optimisation and a Pre-feasibility Study.

Radiopharm Theranostics is gearing up for a pivotal Phase 3 trial of its brain metastases imaging agent RAD101, following strong Phase 2b results and an upcoming FDA meeting to finalise trial design.

Mount Hope Mining has raised $1.82 million in a strategic placement led by Ronin Metals, a fund managed by ex-Spartan Resources executives, aiming to accelerate exploration at its Mt Hope Project.

Waratah Minerals has unveiled robust shallow high-grade gold results from its Spur Project in NSW, confirming a continuous 6km mineralised corridor and setting the stage for diamond drilling in late 2026.

Forrestania Resources has awarded a significant A$27 million contract to MEGA Resources for the initial open pit mining phase at its Tycho Gold Project, marking a pivotal move from development to production.

Great Southern Mining has reported significant down-dip and down-plunge extensions to its Mon Ami gold resource near Laverton, highlighted by a 16-metre intercept grading 3.37 g/t gold. The results reinforce Mon Ami’s potential as a near-term development project with further assays pending.

Western Yilgarn NL secured $440,300 through a Share Purchase Plan, issuing over 14.6 million shares and 7.3 million options, with a shortfall of nearly 2 million shares to be placed at the company's discretion.