Latest Dilution News

Nex Metals Explorations has finalised the sale of its 20% stake in the Yundamindra and Kookynie Gold Joint Venture to Arika Resources, securing $0.5 million in net cash and a significant shareholding. The move clears joint venture funding obligations and redirects capital towards advancing its Kookynie Tailings Project and Egyptian exploration.

Silver Mines has locked in a $7.56 million capital raise by entering an underwriting agreement with Petra Capital to cover the exercise of nearly 63.2 million unlisted options expiring mid-June.

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.

Verity Resources has achieved outstanding gold recoveries of nearly 97% at its Waihi deposit, reinforcing confidence in a conventional processing approach for the Monument Gold Project and complementing previous Korong results.

Helios Energy has raised $1.5 million through a share placement priced at $0.003 per share while extinguishing $100,000 of convertible note debt by issuing shares, bolstering working capital.

CGN Resources has completed its acquisition of the Desdemona Project, expanding its landholding in the Leonora gold district to a commanding 385 km². The deal positions CGN with multiple high-grade targets and significant greenfield exploration potential along a prolific gold corridor.

Paterson Resources has nearly tripled the inferred gold resource at its Grace Gold Project to 200,000 ounces, highlighting shallow, high-grade mineralisation and promising metallurgical recoveries that support open cut mining potential.

Tivan Limited has locked in a minimum $15 million funding package through a $10 million option underwriting agreement and a $5 million share placement with strategic investor ETFS Capital, supporting accelerated development across its Australian and Timor-Leste projects.

GoldArc Resources has delivered robust assay results from its ongoing grade control drilling at Mt Stirling, revealing consistent high-grade gold intercepts across the deposit's eastern sector and reinforcing the potential for open-pit development under its profit share deal with BML Ventures.

Resouro Strategic Metals has locked in a binding agreement with Future Mining and Buri Gold to fund and operate mining and processing at its Novo Mundo gold project in Brazil, aiming to generate cash flow without diverting capital from its flagship Tiros project.

Spenda Limited (ASX: SPX) has voluntarily suspended trading of its shares from 2 June 2026 to manage disclosure around its institutional accelerated renounceable entitlement offer (AREO). The suspension is expected to last until 10 June or until the AREO results are announced.