Latest Capital Raises News

Elixinol Wellness Ltd reported a 9.5% revenue increase in Q4 FY25 alongside a 30% cut in operating costs, achieving its first underlying operating cash flow positive quarter. The company’s strategic acquisitions and e-commerce growth underpin a clear path to profitability.

Benz Mining Corp. has raised A$75 million through a bought deal placement, significantly strengthening its cash reserves to nearly A$94 million. This capital injection will accelerate exploration and resource development at its Glenburgh and Mt Egerton Gold Projects in Western Australia.

Blaze Minerals has confirmed a new critical mineral discovery of gallium and rubidium at its Ntungamo Project in Uganda, while withdrawing from its Congo base metals venture due to security concerns.

Flynn Gold Limited has reported promising high-grade gold results from its Golden Ridge Project in Tasmania, alongside a successful $5 million capital raise to accelerate exploration efforts in 2026.

Terramin Australia has made significant progress on its Tala Hamza zinc project and Kapunda copper recovery tests while navigating legal challenges at Bird in Hand. The company also completed a $38.3 million rights issue to strengthen its balance sheet and fund development.

Alpha HPA Limited has raised A$225 million in a fully underwritten placement to fund the commercialisation of Stage 2 of its High Purity Alumina project, with strong backing from the National Reconstruction Fund Corporation. This capital injection positions the company to become the world’s largest single-site HPA manufacturer, supporting critical semiconductor supply chains.

Odyssey Gold Limited has successfully raised approximately $9 million through a placement to fund accelerated development at its Tuckanarra Gold Project in Western Australia.

Avira Resources has completed its acquisition of the Mt Cattlin Gold Project, validating historical data and advancing plans for a significant drilling program in early 2026, backed by a $2.5 million capital raise.

Freedom Care Group Holdings reports a modest cash increase to $0.5 million but continues to grapple with delayed payments from the NDIA, while exploring options to relist on the ASX.

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

BrainChip Holdings has bolstered its financial position with a A$35 million capital raise and commenced volume production of its AKD1500 neuromorphic AI chip, while deepening its strategic partnership with Parsons’ defence arm.

Skylark Minerals has acquired a significant gold project portfolio in Côte d’Ivoire, including the flagship Zaranou Project with an inferred resource of 364,600 ounces. The company completed a A$10 million capital raise to fund upcoming exploration activities and has bolstered its technical team ahead of a busy 2026 drilling season.