Latest Equity Raising News

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Theta Gold Mines has launched a significant capital raising initiative combining a $12 million placement, a $2 million share purchase plan, and a $32 million cornerstone investment, all accompanied by attaching options subject to shareholder approval.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

Canyon Resources confirms the Minim Martap Bauxite Project as a world-class asset with robust economics and begins construction ahead of first shipment in mid-2026.

Tamboran Resources has initiated an underwritten public offering of over 2.3 million shares to support its development plans in the Beetaloo Basin. The move signals a strategic push to advance its natural gas projects amid ongoing market interest.

Black Canyon Limited reported a robust cash position of A$11.6 million at the end of September 2025, supported by a strong equity raise that extends its funding runway to nearly three years.

Agrimin Limited has decided to withdraw from its Mackay Potash Project after a strategic review highlighted challenging market conditions and prohibitive holding costs. The company will now focus on other mineral opportunities in Western Australia.

Latrobe Magnesium Limited has announced a fully underwritten $10 million equity raise through a $6 million placement and a $4 million rights issue to fund its magnesium production expansion. The capital will support the commissioning of its Demonstration Plant and advance plans for a 10,000 tonne commercial facility.

Moho Resources has raised $2 million through a share placement to fund an extensive drilling and sampling campaign at its Bush Chook Project, aiming to validate historical gold anomalies and expand its resource base.

Latrobe Magnesium Limited has received a non-binding Letter of Interest from the U.S. Export Import Bank to finance up to A$200 million for its Stage 2 Commercial Magnesium Plant, aiming to strengthen critical mineral supply chains for the U.S.

Radiopharm Theranostics has announced a $40 million equity raise via a two-tranche placement and a Share Purchase Plan (SPP) to fund its clinical programs and working capital. The offer includes new shares at $0.03 each with free attaching options, subject to shareholder approval.

FireFly Metals has announced a significant extension of high-grade copper-gold mineralisation at its Green Bay Project in Canada, with drill results revealing a 650m expansion beyond previous estimates. The standout intersection of 49m at 6.1% copper equivalent underscores the project’s growing potential.