Latest Capital Raising News

Ballymore Resources has raised $4.7 million through a fully subscribed entitlement offer and a further placement, boosting funds for drilling and discovery at key Queensland projects.

Red Sky Energy has kicked off site preparation for a drilling campaign targeting two wells at Yarrow and one at Willowie in South Australia’s Innamincka Dome, aiming to leverage existing infrastructure for efficient gas production.

Pacgold Limited is demerging its North Queensland gold-antimony projects into a new company, Manda Resources, which will pursue an ASX listing in late 2026. Shareholders will retain exposure to the North Queensland portfolio via free shares while Pacgold sharpens its focus on ramping up production at White Dam.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

Tetratherix Limited (ASX:TTX) has launched a $2 million share purchase plan offering eligible Australian and New Zealand shareholders the chance to buy shares at a 2% discount to recent trading prices. The non-underwritten SPP opens on 4 June and closes on 18 June 2026.

Careteq Limited’s strategic investor Antanas Guoga has converted all his convertible notes into shares, wiping out the company’s convertible debt and simplifying its capital structure ahead of its AI healthtech growth push.

Racura Oncology has secured $31.2 million in funding to advance its lead cancer drug RC220, including a strategic $1 million private placement to a specialist healthcare investor.

Tartana Minerals has kicked off an ambitious drilling program at its Tartana Copper Project aiming to more than double its contained copper resource beyond the existing open pit. Early drilling progress and operational upgrades signal a push toward expanding production and resource depth.

Arafura Rare Earths has officially opened its share purchase plan following ASIC lodgement, while also dispatching notices for a July extraordinary general meeting in Perth.

Range International has locked in a A$454,000 secured loan facility at 18% interest to ramp up its rental pallet fleet following early commercial success in 2026.

Lightning Minerals has locked in A$1.85 million through a two-tranche placement to accelerate drilling and exploration at its Mt Turner Gold Project, underpinning its strategic pivot to gold-led growth.

Variscan Mines is ramping up exploration at its Novales Project in northern Spain, advancing underground and surface drilling with infrastructure upgrades and capital raising support.