Latest Capital Raising News

Talonx Resources (ASX: TXR) has commenced a 3,000-metre Reverse Circulation drilling program targeting high-grade gold mineralisation at its Blair North and Viking projects in Western Australia, with assay results expected from Blair North in May 2026.

AuMEGA Metals Limited has launched a prospectus for a dual-tranche capital raising totalling approximately C$23.7 million, subject to shareholder approval, aimed at advancing its exploration programs in Newfoundland and Labrador, Canada.

Spenda Limited (ASX:SPX) has announced a 1-for-20 security consolidation affecting its ordinary shares and multiple option classes, with key dates scheduled throughout May 2026.

Kali Metals Limited (ASX:KM1) has finalised its Tranche 2 Placement, issuing 527,778 shares at A$0.18 each and raising approximately A$95,000 following shareholder approval.

Key Petroleum Ltd (ASX:KEY) has completed a placement of over 3 million shares, raising approximately AUD 176,660 before costs to fund asset acquisitions, development, and working capital.

Desert Metals Limited (ASX:DM1) has announced a pro-rata 1-for-2 non-renounceable entitlement offer of up to 325 million new options to raise approximately $325,377. The funds will support ongoing aircore drilling at its Tiogo and Kakalogo gold prospects in Côte d’Ivoire.

European Resources Limited has announced promising metallurgical beneficiation outcomes from its Korsnäs rare earths project in Finland, advancing the development of an integrated processing flowsheet under the EU-funded REMHub program.

Recharge Metals Limited has completed the acquisition of the Sunset Well Gold Project in Western Australia's Leonora district, securing a near-surface inferred gold resource of 94,500 ounces. The company raised approximately A$5.97 million through a placement and rights issue, bolstering its funding and leadership team to advance exploration activities.

Cassius Mining Limited (ASX: CMD) has raised $5 million through secured convertible notes to support its Soalara Limestone project development and international arbitration claim against Ghana, with a final hearing scheduled for June 2026.

Weebit Nano Ltd (ASX: WBT) has opened a non-underwritten Share Purchase Plan (SPP) offering eligible shareholders in Australia and New Zealand the chance to buy up to A$30,000 worth of shares at A$4.05 each. The company aims to raise up to A$15 million to support the commercialisation of its Resistive RAM (ReRAM) technology.

ARC Funds Limited (ASX: ARC) has entered a conditional agreement to acquire a 25% minority equity interest in Ausbiz Group Pty Ltd by issuing over 8 million shares to Ausbiz shareholders, subject to customary conditions including shareholder approval.

Radiopharm Theranostics has secured a clinical supply agreement with Siemens Healthineers to manufacture and distribute RAD101, advancing its Phase 3 trial in the U.S. Interim Phase 2b data showed 90% concordance with MRI in detecting brain metastases.