Latest Capital Raising News

Sarama Resources has progressed exploration at its Australian Cosmo and Mt Venn gold projects while pursuing a $242 million arbitration claim against Burkina Faso over a disputed permit withdrawal.

Tartana Minerals has secured $4.5 million in capital to fast-track exploration and increase copper sulphate production at its Far North Queensland projects. The company is poised to expand its resource base and production capabilities with new drilling and operational upgrades.

Estrella Resources has inked an $8 million underwriting agreement with Million Link (China) Investment Ltd to support the exercise of 445 million listed options, aiming to strengthen its capital position ahead of the options’ December expiry.

Great Southern Mining has initiated deep diamond drilling at its Golden Boulder discovery in Western Australia, supported by government co-funding and a recent capital raise. This marks a pivotal step in exploring the source of multiple gold mineralisation trends within the Duketon Gold Project.

Macarthur Minerals has successfully raised A$1.25 million through an oversubscribed placement, positioning the company to advance exploration and maintain tenements at its Lake Giles Iron Project.

Firebrick Pharma has successfully secured $1.5 million through a strategic placement, positioning itself to accelerate business development and launch new products in key markets.

Jade Gas Holdings has raised A$1.8 million through a well-supported placement to fund the development of Mongolia’s inaugural commercial gas production from the Red Lake gas field. This capital injection positions the company to advance key milestones in its flagship coal bed methane project.

Regener8 Resources advances its due diligence on the Srebrenica North Project in Bosnia-Herzegovina, revealing promising high-grade silver, lead, zinc, and antimony mineralisation at the Dolovi tenement. Historical data and recent sampling highlight significant exploration potential near established mines.

KMD Brands has reported solid half-year growth and launched a $65.3 million equity raising alongside debt refinancing to support its Next Level transformation strategy.

Magellan Financial Group has successfully completed its $20 million Share Purchase Plan, attracting applications worth over $129 million and prompting a pro-rata scale-back for larger investors.

Critical Resources Limited has commenced ground exploration at its Lammerlaw and Croesus projects in New Zealand, targeting exceptional historical tungsten grades and gold-antimony mineralisation amid rising global demand for critical minerals.

Andean Silver Limited has reported exceptional drilling results at its Cerro Bayo Silver-Gold Project in Chile, with assays revealing grades up to 1,523g/t silver equivalent. These findings support a resource upgrade and underpin ongoing restart studies.