Latest Capital Raising News

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

ADX Energy has raised A$3.5 million through a placement to fund key gas exploration projects in Austria and Italy, alongside plans for a strategic dual listing in Oslo.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

MotorCycle Holdings has uncovered vehicle registration duty underpayments of up to $3.5 million across its Australian operations, prompting voluntary disclosure and system overhauls.

Superior Resources Limited has had its trading suspension lifted following key announcements about court orders and a new prospectus, signaling a pivotal moment for the mining explorer.

Superior Resources Limited has lodged a transaction specific prospectus to offer 1,000 new shares at $0.01 each, enabling previously issued shares to be sold without further disclosure. The move addresses regulatory compliance while raising minimal funds.

The Supreme Court of Western Australia has cleared the way for Superior Resources to resume trading by validating a contentious share issue from October 2025. This legal resolution lifts previous restrictions, allowing the company’s shares to be freely traded on the ASX once again.

Paladin Energy reported a reduced net loss of US$9.9 million for Q1 FY2026 and completed a significant A$300 million equity raise to fund key uranium projects. The company also faces shareholder class actions alleging misleading production guidance.

Orezone Gold Corporation reported solid revenue growth and net earnings for Q3 2025, underpinned by progress at its Bomboré gold mine and strategic financing moves. The company also navigated a key ownership change with the Burkina Faso government increasing its stake.

Wisr Limited has refinanced its corporate debt facility, lowering interest expenses and reducing drawn debt, setting the stage for cash NPAT profitability in the second half of FY2026.

GoldArc Resources has taken a decisive step in advancing its Mt Stirling Project by securing 90% ownership and full operational control, removing the need for a feasibility study before mining decisions.