Latest Capital Raises News

Patrys has raised A$3.2 million through a share placement to fund its injectable quetiapine program’s Phase 1A clinical trial and FDA pre-IND preparations.

G11 Resources has completed a $7.5 million capital raise and is aggressively pursuing copper-gold exploration in Tasmania and NSW, with over 900 metres drilled at Sedgwick Bluff and fresh EM anomalies identified at the Linda project.

Green360 Technologies has produced its first commercial batch of Eco-Clay under a tolling deal with Calix, advancing its low-carbon cement alternative towards market entry in Victoria by mid-2026.

ION Video has trimmed its monthly cash burn to $148,000, beating management’s forecast, and expects to maintain sufficient funding until at least mid-2027. Meanwhile, early-stage discussions with tech giants Meta and Alphabet remain active but non-binding.

Neometals has secured A$7.9 million through a placement and launched a concurrent A$5.1 million entitlement offer to fund gold production at Barrambie and advance lithium exploration in Utah. The capital raise supports a near-term production joint venture and aggressive resource expansion.

L1 Group has raised $950 million in the IPO of its L1 Gold Fund Limited, set to begin trading on the ASX on 24 April 2026. The fund targets gold and precious metals investments with significant founder and company backing.

Antilles Gold has ramped up construction at its Nueva Sabana gold-copper mine in Cuba, with a $35 million funding package in place and production slated for early 2027. The company is also progressing pre-development and exploration activities on multiple Cuban concessions.

Xstate Resources has kicked off the stimulation program at its Diona-1 gas well in Queensland and raised $1.69 million through a strategic placement to fund next steps including pipeline connection and extended testing.

Xenora Minerals has committed to the next stage of its Dudley Lithium Project earn-in, revealing new lithium anomalies using enhanced soil sampling techniques. Meanwhile, the company navigates a key leadership change with a new managing director appointed.

Lindian Resources has secured a fixed-price diesel supply agreement for the Kangankunde Rare Earths Project, removing fuel cost uncertainty through construction and commissioning and reinforcing the project’s low-cost profile.

NEXTDC has boosted its pro forma contracted utilisation by 60% to 667MW, prompting a A$1.5 billion entitlement offer and an expanded capital plan to accelerate its Western Sydney data centre developments.

Channel Infrastructure has locked in a government contract for 93 million litres of additional diesel storage at Marsden Point, adding about $8 million revenue in 2026 and reinforcing its role in New Zealand’s fuel security.