Latest Capital Raising News

Tartana Minerals has secured a $2.3 million placement from Xingye Gold, which now holds just under 10% of the company but declines further rights or involvement.

Citigold Corporation has outlined a $4.5 million share placement aimed at repaying a $2 million secured loan and shoring up its working capital, pending receipt of funds.

Acrow Limited has secured Phase 1 clearance from the ACCC for its AusGroup Industrial Services acquisition, removing a key regulatory hurdle and setting the stage for completion by the end of August.

Arrow Minerals has uncovered seven decades-old drill cores at the GSWA library, validating historical mineralisation at its Yarraloola Copper Project in WA's Pilbara and setting the stage for a targeted 2026 drilling campaign.

Hawk Resources has intersected strong near surface copper mineralisation with spot pXRF assays reaching 66.6% copper in the Comet zone of the Cactus Corridor, Utah. The drilling also reveals promising gold indicators through associated silver, arsenic and antimony anomalies.

Starpharma has successfully completed a $32 million entitlement offer, nearly fully subscribed, to fund its DEP® HER2-Lutetium Phase 1 trial and further develop its oncology pipeline.

IRIS Metals has appointed Simon Iacopetta as Strategic Advisor and promoted Chris Evans to Executive Chairman, signalling a sharpened focus on expanding its critical minerals portfolio in North America.

PM Capital Global Opportunities Fund (ASX: PGF) is raising up to $195 million through a $175 million placement and a $20 million share purchase plan at $3.07 per share, matching its net tangible asset value and offering a fully franked 7.5 cent dividend for 2026.

St George Mining has delivered a major upgrade to its Araxá Project in Brazil, increasing measured and indicated resources by 155% and confirming the world's largest undeveloped niobium resource alongside rare earths.

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Minbos Resources has expanded its capital raise to A$6 million, reflecting robust investor appetite to support the Cabinda Phosphate Project’s critical development phase.

Alara Resources (ASX: AUQ) is set to close its pro-rata non-renounceable entitlement offer on 13 August, aiming to raise approximately $3.84 million at $0.032 per share to support its copper projects in Oman.