Latest Equity Raises News

Truscott Mining Corporation’s March 2025 report reveals advancing structural geology insights and robust funding underpinning expanded exploration at Tennant Creek’s Westminster project.

Alara Resources reports steady copper-gold concentrate shipments from its Oman operations while unveiling promising exploration results at Block 8 and securing the Block 22B concession. The company navigates regulatory challenges with a halted rights issue and prepares for key developments in the coming quarter.

Recce Pharmaceuticals reports strong Phase II clinical trial results for its topical anti-infective R327G, achieving a 93% efficacy rate in treating ABSSSI, alongside a significant capital raise to fund upcoming Phase III trials.

Conrad Asia Energy has secured a pivotal Gas Sales Agreement with Indonesia’s state utility PLN, linking Mako gas prices to the Indonesian Crude Price and advancing its farmout strategy while increasing its stake in the Duyung PSC to 91.5%.

Terragen Holdings has launched its new probiotic products for ruminants, initiated multiple key trials including methane mitigation and crop yield studies, and secured a US patent allowance, positioning itself for global market expansion.

McLaren Minerals Limited reported a challenging quarter with operating and investing cash outflows offset by a significant equity financing inflow, ending March 2025 with a modest cash balance and less than two quarters of funding runway.

Mindax Limited reported a $7.75 million equity raise in Q1 2025, maintaining a solid cash position with nearly six quarters of funding available despite ongoing exploration expenditures.

Mount Burgess Mining reports encouraging hydrometallurgical test results from its Nxuu polymetallic deposit, achieving high recoveries for zinc, vanadium, and rare earth elements. The company also completed a modest capital raise to support ongoing project development.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.

Cassius Mining Limited reports significant progress on its Soalara Limestone Project in Madagascar, alongside ongoing international arbitration against Ghana seeking USD 277 million in damages. The company also strengthens its balance sheet with recent equity raises totaling approximately AUD 1.53 million.

Greenwing Resources advances its lithium and graphite projects with a maiden 1.07 Mt LCE resource at San Jorge and a $3.5 million equity raise to fuel growth.

Piche Resources Limited reported a solid cash position for Q1 2025, underpinned by a significant AUD 9.14 million equity raise and a closing cash balance of AUD 5.8 million. Despite ongoing operating outflows, the company’s funding runway remains robust, offering a comfortable buffer for its exploration activities.