Latest Financing News

Energy World Corporation has transformed its financial footing by converting USD434 million of debt to equity, setting the stage for the completion of its Pagbilao power plant and LNG terminal in the Philippines. The company is preparing for a strategic capital raising to propel these projects forward.

Helios Energy has marked a key milestone with its first oil and condensate sales from the Presidio Oil Project in Texas, signaling a shift from exploration to early-stage production. The company is now focused on securing funding for further development and drilling activities.

Caravel Minerals has reached 90% completion of its Definitive Engineering Study for the Caravel Copper Project, secured a critical grid connection offer, and signed a strategic MoU with Adani’s Kutch Copper for offtake and potential investment.

Cokal Limited has advanced its metallurgical coal operations in Central Kalimantan with new mining contracts, resumed coal shipments, and infrastructure upgrades, aiming for a 2026 production target of approximately 420,000 tonnes.

Cadoux Limited has made significant progress in its High Purity Alumina (HPA) project and its 50% owned Minhub rare earths processing initiative, advancing engineering design and market engagement amid growing global demand for critical minerals.

Conrad Asia Energy has locked in a transformative farm-in and financing deal for its flagship Mako gas field, setting the stage for first gas in late 2027. The company also resolved historic disputes, strengthening its position in Indonesia’s growing gas market.

Seafarms Group has completed the acquisition of Project Sea Dragon's assets, clearing legal hurdles and advancing its prawn farming operations while actively pursuing new funding to support growth.

Aland Equity Group Limited has completed significant capital raisings and board restructuring while navigating a challenging quarter for its flagship Growth Fund. The company is positioning itself for expansion into property funds management.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project, confirming significant higher-grade copper mineralisation and securing $2.1 million in fresh capital to advance exploration.

Cobalt Blue Holdings has enhanced the financial outlook for its Kwinana Cobalt Refinery project, secured a $5.3 million capital raise, and advanced key environmental and feedstock initiatives amid a tightening cobalt market.

Great Boulder Resources has hit a major milestone with a 1.02 million ounce gold resource at its Side Well project, backed by a record 34,000 metres of drilling in the December quarter. The company’s strong cash position and ongoing exploration signal further growth potential.

Native Mineral Resources Holdings Limited reported a modest operating cash outflow in December 2025 but expects improved liquidity following recent gold sales and a $3 million convertible note raise.