Latest Capital Raises News

Solara Minerals has reported a sharply wider FY2026 loss after impairing $3.14 million of exploration assets, while cash fell to $2.03 million. The early-stage explorer expanded its Bryah Basin portfolio but says further funding may be needed to continue exploration.

Emperor Energy has moved its Judith Gas Field closer to a targeted April 2027 appraisal well, with the VALARIS 107 rig lined up and regulatory work advancing. But the company’s auditor has highlighted a material uncertainty over its ability to continue as a going concern, with management forecasting a need to raise about $45 million through September 2027.

High Peak Royalties reported a A$1.59 million FY26 profit after completing its Northstar transaction, which generated a A$1.90 million accounting gain. The underlying royalty business was softer, with royalty revenue and operating cash flow both declining year on year.

Empire Resources has expanded its Yuinmery exploration story with new copper, gold and PGE zones, but its FY2026 annual report carries a material uncertainty over whether the company can continue as a going concern. A $4.825 million capital raising lifted cash, yet losses and director-related debt also increased.

Mammoth Minerals expanded its Nevada exploration portfolio and drilled more than 21,000 metres at the Buster Trend, but its FY2026 report also highlights a material uncertainty over its ability to continue as a going concern. The company posted a larger loss and remains dependent on future equity funding to sustain exploration.

Tennant Minerals has reported a high-grade maiden resource and further strong drilling at its Bluebird copper-gold discovery, but the annual report carries a material uncertainty over the company’s ability to continue as a going concern. A $2.8 million capital raise completed around year-end provides near-term funding, while further exploration and processing studies remain ahead.

Finder Energy has shifted decisively from exploration towards development, with its Timor-Leste oil project backed by independent reserves, an acquired FPSO and expanded TIMOR GAP funding. The transition came at a steep cost, however, with a $30.0 million annual loss and Final Investment Decision still ahead.

West Cobar Metals ended FY2026 with more cash but a larger loss and an auditor-highlighted material uncertainty over its ability to continue without further funding. Exploration advanced across Salazar and Cobar West, but the company remains dependent on equity markets to keep its programmes moving.

Falcon Metals has extended mineralised strike at its Blue Moon project beyond 850 metres while increasing exploration spending sharply and raising $30 million after year-end. The results remain exploration-stage, but the company now has substantially more drilling capacity and a second maiden campaign underway in Western Australia.

Mithril Silver and Gold has lifted the higher-confidence portion of its Copalquin Target 1 resource to 464,000 ounces of gold equivalent, giving the Mexican project a stronger base for mine planning. The upgrade comes alongside a larger loss, substantial exploration spending and an auditor’s warning that further funding is needed to support the company’s going-concern status.

Resources & Energy Group has reported a standout 9-metre gold intercept at Goodenough as it prepares a fresh resource estimate. The exploration progress arrives alongside an audited warning that further funding is needed to sustain the business.

Navigator Global Investments expects to receive USD40-43 million upfront after New York Life Investment Management agrees to acquire 60% of Invictus Capital Partners. The deal crystallises value from NGI’s 2022 investment while leaving shareholders exposed to earn-outs, distributions and a second sale in 2031.