Latest Capital Raising News

Eagle Mountain Mining continues to push forward with its Arizona copper-gold projects while negotiating loan restructuring, maintaining a cautious cash position of $566,000 at quarter-end.

Thunderbird Resources has executed a binding agreement to acquire 100% of the Springfield Gold Deposit in NSW, an advanced project with significant high-grade gold mineralisation. The company also raised $2.2 million to fund exploration and appointed new senior executives to drive growth.

Litchfield Minerals has identified multiple high-priority conductor targets at its Oonagalabi Project and confirmed significant manganese mineralisation at Lucy Creek, backed by strong funding to advance drilling.

Australia United Mining reported no new activity at its NSW Sofala joint venture but revealed promising high-grade gold assays in Queensland’s Queenslander workings, alongside disappointing results at Goldsmith North. The company faces tight cash reserves but has secured related-party loan facilities to support ongoing operations.

LCL Resources reports promising trenching results at its Ubei project in Papua New Guinea, including a standout grab sample with nearly 8g/t gold, while advancing exploration and strategic options in Colombia.

Avecho Biotechnology advances its pivotal Phase III CBD insomnia trial with 160 patients dosed and secures $2.5 million to accelerate manufacturing and regulatory efforts ahead of a 2026 interim analysis.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

Blaze Minerals has mobilised drilling at its promising Loulombo Project in the Republic of the Congo, following exceptional base and critical metals sampling. Meanwhile, its Ugandan Ntungamo Project confirms new critical mineral discoveries, underpinning a recent $2.4 million capital raise.

Premier1 Lithium reports its first inferred gold Mineral Resource at Wadgingarra and a new high-grade gold discovery at Rochefort, alongside a $1.84 million entitlement offer to fund exploration.

Clime Investment Management has bolstered its balance sheet with a $2.3 million placement and launched a strategic product review amid evolving market dynamics and industry consolidation.

PVW Resources has advanced its Brazilian rare earth projects with promising drilling and metallurgical results, while securing a strategic acquisition of gold and silver assets in the US to diversify its portfolio.

Evion Group advances its Maniry Graphite Project in Madagascar and expandable graphite JV in India, backed by a strategic US investor and EU recognition. The company is poised to expand production and supply critical minerals to key global markets amid rising demand.