Latest Capital Raising News

Orpheus Uranium has secured key regulatory approvals for advanced exploration across multiple projects and raised $4.37 million, including a cornerstone investment from IsoEnergy, as it prepares for a busy 2026 drilling season.

ReadCloud Limited posted a record $5.2 million in quarterly cash receipts for Q2 FY26, driven by surging demand in its school-focused ReadCloudVET and eBooks divisions. The company now serves 440 schools and is on track to meet its FY26 financial targets without raising capital.

49 Metals Limited has secured $10 million through its IPO to fund a detailed exploration campaign in Nevada’s Walker Lane Trend, including an 8,000-metre drilling program at the Gold Mountain project targeting high-grade gold zones.

Prospect Resources has revealed significant new gold assay results from Nyungu Central, part of its Mumbezhi Copper Project in Zambia, confirming gold's broad presence alongside copper and cobalt. This discovery could materially improve project economics through valuable by-product credits.

Rincon Resources has identified two fresh gold-copper targets at its Telfer South Project, extending the Hasties Zone strike length beyond 1.1 km and unveiling the high-grade Padion prospect. These discoveries build on historic data and underpin plans for an expanded drilling campaign.

Vita Resources has completed a $100,000 capital raise via a placement featuring a novel partly paid share class designed specifically for mining companies. This new share structure defers calls until at least 2030, offering investors flexibility and the company a unique capital management tool.

Insignia Financial Limited will be removed from the S&P/ASX 200 Index ahead of its acquisition by Daintree BidCo, with 4DMedical Limited stepping in on April 20, 2026.

Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.

ADX Energy has kicked off drilling mobilisation for its HOCH-1 shallow gas well in Upper Austria, aiming to tap prospective resources up to 17.3 billion cubic feet. The well spud is slated for mid-April, marking the first of three permitted gas prospects in 2026.

Whitefield Income Limited has declared fully franked monthly dividends of 0.583 cents per share for April through June 2026, delivering an annualised yield of 8.3% based on the March 31 share price. The company continues its approach of combining steady monthly payments with potential half yearly top-ups.

Tamboran Resources Corporation is extending its capital raise with a partially underwritten retail entitlement offer worth up to A$27 million, following a US$163 million institutional and public offering. The proceeds will accelerate drilling and resource delineation in the Beetaloo Basin, aiming to underpin first gas sales in 2026.

BluGlass has secured an upsized A$8 million placement, including a A$2.3 million cornerstone investment from its board and management, to accelerate its gallium nitride laser manufacturing and support a growing project pipeline.