Latest Capital Raising And Funding News

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.

Recce Pharmaceuticals reports strong Phase II clinical trial results for its topical anti-infective R327G, achieving a 93% efficacy rate in treating ABSSSI, alongside a significant capital raise to fund upcoming Phase III trials.

Equinox Resources pushes forward across multiple mineral projects, tackling legal challenges at Hamersley while securing strategic partnerships for antimony supply and expanding exploration in Brazil and Canada.

Alice Queen Limited’s latest drilling at the Viani Project in Fiji confirms high-grade epithermal gold mineralisation extending to 175 metres depth, prompting plans for further drilling and a capital raise to fund exploration.

Nex Metals Explorations Ltd reported steady progress on its Kookynie Tailings Project, completed capital raisings, and is exploring new gold opportunities overseas, signaling a strategic growth phase.

Xstate Resources has acquired a 51% stake in the Diona project, setting the stage for its ASX re-quotation and a planned drilling campaign in the third quarter of 2025. The company is also undertaking a capital raise of at least $1.5 million to support these initiatives.

Eclipse Metals Ltd reported significant progress in its March 2025 quarter, highlighting new high-grade rare earth mineralisation in Greenland and a strategic uranium project earn-in agreement in Australia.

KALiNA Power has advanced its Canadian AI data centre power portfolio with strategic site sales, partnerships, and a $1.5 million capital raise to fund development milestones.

Clara Resources is gearing up for a pivotal drilling campaign at its Ashford Coking Coal Project while successfully raising $1.245 million through an entitlement offer and placement. The company also navigates significant board changes and continues exploration at its Kildanga Nickel/Cobalt project.

Mayur Resources has completed a significant $100.1 million capital raise and secured $115 million in debt to fully fund its Central Lime Project in Papua New Guinea, while progressing construction and community agreements. The company is also rebranding to Pacific Lime and Cement Limited to reflect its new strategic focus.

Greenvale Energy has completed the acquisition of the high-grade Oasis Uranium Project in Queensland and successfully raised $1.8 million to fund upcoming exploration programs, marking a significant step in its uranium portfolio expansion.

Diablo Resources has identified six promising copper mineralisation targets at its newly acquired Phoenix Copper Project near the Lisbon Valley Mine, backed by a $576,800 capital raise to fund upcoming drilling in 2025.