Latest Capital Raising News

Eagle Mountain Mining has made significant strides this quarter, including a $1.66 million capital raise and a potential joint venture with Japan’s Nittetsu Mining to develop its Oracle Ridge copper project.

Cleo Diagnostics has broadened its U.S. market opportunity to around 2 million women annually and is on track to complete its pivotal clinical trial early this year, supported by a $5 million capital raise and regulatory progress.

Cobre Limited has secured $5.5 million in strategic placements to advance copper exploration and development in Botswana, highlighted by encouraging drilling results at the Cosmos Target and new seismic surveys funded by BHP.

Rumble Resources reports multiple high-grade gold and tungsten intercepts from its Western Queen project, advancing underground mine development with strong economic indicators and ongoing permitting progress.

Torque Metals is advancing its Paris Gold Camp project in Western Australia, moving from exploration to development readiness with a 250,000-ounce gold resource and an aggressive drilling program.

Augustus Minerals has expanded its gold exploration footprint at Music Well and is preparing for drilling, while progressing key licence applications in Papua New Guinea. Leadership changes and financial positioning signal a pivotal phase ahead.

Nelson Resources has consolidated the historic Gold Point mining district in Nevada with a 90% stake, unveiling high-grade gold-silver potential and preparing for maiden drilling in Q2 2026. Meanwhile, a strategic partnership with MEGA Resources advances a major drilling program at the Yarri Gold Project in Western Australia.

Exultant Mining Limited has marked a strong start post-IPO with promising early exploration results and a robust cash position, setting the stage for systematic drilling in 2026.

Metallium Limited has kicked off commissioning at its Texas Technology Campus, sealed a multi-year feedstock deal with Glencore, and bolstered its balance sheet with a A$75 million capital raise, setting the stage for commercialisation in 2026.

Lefroy Exploration Limited reported a net cash outflow in operating and investing activities for Q4 2025, balanced by financing inflows, leaving it with $1.85 million in cash and a funding runway of just over two quarters.

Elixir Energy has secured a $16.6 million capital injection led by Omega Oil and Gas, propelling its high-impact Lorelle-3 appraisal well drilling and expanding contingent gas resources in Queensland’s Taroom Trough.

Western Yilgarn NL has broadened its gallium exploration at the Ida Holmes Junction Project and secured critical land access for its Cardea 2 Bauxite Project, backed by a $698,000 capital raise to advance multiple resource programs.