Latest Equity Stake News

Sarama Resources has raised A$1.5 million through a private placement to fund copper-gold exploration in New South Wales and support its US$242 million arbitration claim against Burkina Faso. The arbitration hearing is set for February 2027, while Sarama plans to retain significant equity in Riedel Resources following a major asset sale.

Corazon Mining has secured the Chalice Gold Project from Westgold Resources, gaining a 191,000oz high-grade gold resource and a strategic partnership with Westgold as a near-20% shareholder.

Reach Resources has locked in a binding option with Andel Resources that fully funds mining and processing at Murchison South, with a profit-sharing model and a strategic equity investment.

DGR Global has invested $3 million in Savannah Goldfields through a $1.5 million gold production royalty and a $1.5 million share placement, securing a foothold in North Queensland’s gold sector with potential for significant cash flow and exploration upside.

DGR Global has secured a $3 million investment in Savannah Goldfields, combining a tiered gold royalty with a 4.5% equity stake. The deal aims to tap into Savannah’s North Queensland gold assets and fund exploration, following DGR’s recent SolGold exit.

Chatham Rock Phosphate has secured a definitive financing agreement with Wetstone Global that doubles an existing loan to USD 300,000 and converts it into a 30% equity stake, granting Wetstone majority board control and potential for up to 70% ownership upon project milestones.

Pinnacle Investment Management is boosting its stake in Metrics Credit Holdings back to 35%, investing around A$100.5 million. Simultaneously, Korea’s National Pension Service, via Townsend, is increasing its holding to nearly 10%, pending regulatory approval.

Great Boulder Resources (ASX:GBR) has struck a transformative deal to acquire Westgold’s Peak Hill Gold Project, adding nearly half a million ounces of gold resources and securing a strategic partnership to fast-track production.

Great Boulder Resources is set to acquire Westgold’s Peak Hill Gold Project for $25 million cash, a 19.9% stake, and a 1% royalty, significantly boosting its gold resources and advancing near-term production plans.

Livium Ltd boosted battery recycling revenue and secured a new centralised hub to expand capacity, while advancing rare earth and solar panel recycling technologies. Strategic funding for its lithium cathode plant remains under review.

Westgold Resources maintained FY26 gold production guidance with 93,145oz in Q3, backed by a record A$7,080/oz gold price and a robust A$285M underlying cash build. The company approved a $145M expansion of its Higginsville processing hub to boost capacity and cut costs.

Axtec Limited has sold its PaySure loan book to Real Flow and secured a minority stake in the fintech, marking a strategic shift towards a platform-focused, AI-driven distribution model.