Latest Capital Raising News

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Zimi Limited has increased its placement commitments by A$100,000 from a sophisticated investor, bringing total funds raised to A$1.56 million ahead of shareholder approval.

Ballymore Resources launches a $3.24 million pro-rata entitlement offer priced at 12.5 cents per share, sweetened with free attaching options exercisable at 22 cents, to fund ongoing Queensland exploration and development.

Diablo Resources has completed the first tranche of a placement, raising $764,400 through 58.8 million shares at 1.3 cents each, with a shareholder meeting planned in June to approve a further $2.7 million raise.

Avecho Biotechnology has bolstered its cash reserves by $1.9 million through the exercise of listed options, positioning the company for a pivotal Phase III interim analysis readout for its insomnia treatment.

Evion Group has secured an exclusive option to acquire a high-grade fluorspar project in Nevada, complementing its graphite assets and supported by a $6.5 million capital raise to fund US expansion and exploration.

Orbminco is set to begin a 2,500m drilling program at Majestic North aimed at upgrading inferred resources, testing structural controls on high-grade gold, and probing for primary mineralisation beneath the deposit.

American West Metals has published a detailed JORC 2012-compliant Mineral Resource Estimate for its West Desert Zinc-Copper-Indium-Magnetite Project in Utah, affirming solid resource continuity and robust sampling techniques.

American Uranium Limited has pushed back the closing date of its $2.59 million rights issue to 3 June 2026 after resolving a BPAY payment issue, giving shareholders more time to participate. The company also reaffirmed its Wyoming uranium resource estimates with no material changes.

EBR Systems accelerated its U.S. commercial rollout of the WiSE CRT System in Q1 2026 with implant volumes more than doubling and revenue hitting US$2.4 million. The company also secured a key regulatory milestone in Australia with TGA Priority Review, yet losses deepened and cash burn intensified, raising fresh questions about its funding runway.

Tennant Minerals (ASX:TMS) clarifies no undisclosed information before May 7 amid a sharp share price and volume spike, attributing market moves to anticipation of re-assay results received May 8 and peer activity in Tennant Creek.

BWP Group has launched the retail tranche of its fully underwritten $228 million entitlement offer at $3.77 per security, aiming to fund a $163 million development pipeline and reduce gearing.