Latest Capital Raises News

American Uranium Limited has kicked off a $2.59 million entitlement offer with free attaching options, aiming to accelerate drilling and studies at its flagship Lo Herma ISR Uranium Project. The updated timetable extends the offer period, while resource estimates remain stable.

Meteoric Resources has locked in $40 million through a fully subscribed placement at market price, bolstering its cash reserves as it pushes the Caldeira Rare Earths Project towards a 2026 Final Investment Decision.

Ovanti Limited has partnered with Codebase Technologies to integrate proven open API banking infrastructure into its Super App, accelerating its entry into AI-driven digital asset banking.

Tusker Minerals Ltd has seen its TSKO securities suspended from ASX quotation immediately due to non-compliance with listing rules. The suspension applies solely to this security class while the company works to meet regulatory requirements.

Syrah Resources has closed its retail entitlement offer, securing A$61 million and pushing total equity raised to A$104 million. AustralianSuper’s stake will approach half the company as Syrah prepares to fund key projects and advance strategic funding talks.

Impact Minerals has reported standout assays from the first two holes in its Commonwealth JV drilling program, confirming rich gold, silver, and base metal mineralisation that extends known zones and sets the stage for an expanded Phase II campaign.

Taiton Resources has completed a partial placement of 9.55 million shares to sophisticated investors, extending related option expiry dates to June 2029. A further tranche awaits due to delayed funds, while the company continues to advance exploration projects across South Australia and New South Wales.

WA Gold’s scoping study for its Abercromby Gold Project outlines a staged mining plan with modest A$8 million upfront capital, targeting 114,000 ounces from mostly Indicated Resources and projecting A$270 million pre-tax cashflow.

Patagonia Lithium has reported strong assay and porosity results from its Formentera project in Argentina, alongside a successful $2.79 million capital raise that lifts its cash position to $3.4 million. The company is advancing drilling, seismic surveys, and plans for a 1,000 tonne lithium carbonate demonstration plant.

Lindian Resources has locked in a US$11.6 million financing package from Malawi's NBS Bank, bolstering the Kangankunde Rare Earths Project with asset-backed and working capital facilities. This deal complements Lindian’s recent A$100 million placement and underscores its commitment to local partnerships.

Golden State Mining Limited has reinforced its leadership and maintained disciplined exploration efforts across its Western Australian projects, holding a cash balance of $1.3 million at the end of March 2026.

KMD Brands has wrapped up a fully underwritten entitlement offer and placement, raising NZ$65.3 million to reduce net debt and shore up its balance sheet ahead of executing its growth plans.