Latest Capital Raising News

Great Western Exploration is set to begin drilling nine copper-gold targets in the Yerrida Basin, backed by a $3.75 million capital raise and strong cash reserves. The campaign kicks off mid-April at the Oval target, which shows promising geological parallels to the nearby DeGrussa deposit.

WA Kaolin Limited has announced a partially underwritten pro-rata rights offer to raise up to $34.9 million, aiming to reduce debt and provide working capital to stabilise its Wickepin kaolin operations amid ongoing ASX suspension.

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Cobre Limited has completed a $60 million capital raise to acquire majority ownership of the Sierra Atacama Copper Mine in Chile, marking its transition from explorer to producer. Meanwhile, substantial shareholder Sinomine has increased its investment in Cobre’s Botswana copper project.

Blue Star Helium has successfully raised A$10 million through an oversubscribed placement, positioning itself to accelerate production at its Galactica and Pegasus helium projects.

QX Resources has obtained the last two exploration licences for its Madaba Uranium Project in Tanzania, paving the way for a high-resolution survey and maiden drilling program. The company is well-funded and advancing environmental assessments to meet regulatory requirements.

Caspin Resources accelerates exploration at its Bygoo Tin Project with promising new targets identified through an innovative Induced Polarisation survey and expanding drilling programs.

Impact Minerals has raised A$2 million through a strategic placement to advance its High Purity Alumina project and explore new industrial minerals opportunities in Western Australia.

Botanix Pharmaceuticals has successfully renegotiated its API supply agreement, deferring significant purchases to later years and strengthening its financial position ahead of Sofdra's market rollout.

Trek Metals reports compelling petrophysical results at its Kuro manganese discovery, triggering a major Induced Polarisation survey and awarding a Reverse Circulation drilling contract to advance exploration.

Kali Metals has secured 100% ownership of the DOM’s Hill Project in Western Australia, unveiling multiple shallow, high-grade gold targets from historical data. The company plans to accelerate exploration activities in 2026, leveraging recent funding and a large tenement package.

KMD Brands has requested a voluntary suspension of its shares on both the NZX and ASX as it finalises a capital raise, refinancing, and its half-year financial results. The suspension aims to maintain market order while key details remain under negotiation.