Latest Capital Raising News

Catalina Resources has secured a significant portfolio of gold and base metal projects in Western Australia's Mid-West and Lake Johnston regions, backed by a $3 million capital raise to accelerate exploration and development.

Lumos Diagnostics has reached a key enrolment milestone in its BARDA-backed FebriDx paediatric trial, unlocking a US$670,000 payment and advancing its FDA submission pathway to expand use in children aged 2-12 years.

Despite sweeping changes to Capital Gains Tax announced in the 2026/27 Federal Budget, Acrux Limited’s status as a Pooled Development Fund ensures its shareholders remain shielded from these new tax rules.

Ballymore Resources has restarted a 3,000-metre drilling program at its Torpy’s silver-lead-zinc-indium discovery in north Queensland, following a wet season pause. Early drilling results confirm multiple high-grade mineralised shoots and broad shallow zones, pointing to a potentially large mineralised system.

Syntara Limited offers existing shareholders a discounted share purchase plan to raise about $2 million, following a recent $8 million institutional placement to fund clinical trials and licensing.

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

Euro Manganese reveals a strong Preliminary Economic Assessment for its Czech manganese project, highlighting a 48% operating margin and a phased build strategy aimed at meeting soaring battery material demand.

NEXTDC has successfully closed the retail segment of its fully underwritten entitlement offer, securing A$480 million at A$12.70 per share. The total raise of approximately A$1.5 billion demonstrates strong investor backing ahead of the shares commencing trade on 19 May 2026.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Novo Resources narrowed its Q1 2026 net loss to CAD 685K, boosted cash to CAD 10.6M following a $5.9M placement, and outlined aggressive gold and antimony drilling campaigns in Australia.

GreenX Metals has leveraged a 2000 airborne hyperspectral survey to identify fresh high-priority tungsten, antimony, and gold targets at its Eleonore North Project in East Greenland. The discoveries sit adjacent to historical high-grade estimates, setting the stage for 2026 fieldwork aimed at advancing drill-ready targets.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.