Latest Equity Financing News

Theta Gold Mines is issuing 32.8 million shares at 18 cents each to settle a longstanding US$11.6 million unsecured loan, adjusting its capital structure without shareholder approval.

Li-FT Power Ltd. has secured a C$20 million bought deal public offering priced at C$2.90 per share, aimed at funding care and maintenance for the Renard option period and general working capital. The deal includes a 15% over-allotment option and anticipates participation from cornerstone investor Avenir Minerals.

CurveBeam AI has launched a Share Purchase Plan offering eligible shareholders a 10% discount on new shares, aiming to raise up to $2 million alongside a pending $5 million placement.

ARC Funds Limited has established a $5 million Capital Placement Facility with Securities Vault, giving it flexible access to standby equity capital over 12 months without immediate dilution.

Elevra Lithium has issued the first tranche of C$65 million convertible notes to support the North American Lithium Brownfield Expansion, following shareholder approval in July 2026.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.

Vanadium Resources pivots to a co-production V-Iron Plant at Steelpoortdrift, securing a non-binding offtake with US Vanadium and appointing Rand Merchant Bank to drive project financing.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

Arafura Rare Earths has wrapped up the second tranche of its A$350 million placement, issuing over 671 million shares and raising A$174.5 million. The company is also finalising its share purchase plan with results due next week.

TZ Limited has secured $0.50 million through a placement of 16.7 million shares at 3 cents each, using its 10% placement capacity, and is launching a 1-for-4 entitlement offer to raise an additional $2.58 million.

Microba Life Sciences is targeting a $6 million capital raise through a $1 million Securities Purchase Plan and a $5 million Placement, both subject to shareholder approval. The funds aim to accelerate diagnostics growth and develop a new testing product.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.