Latest Financing News

Argent BioPharma has restructured its acquisition of AusCann assets to sharpen its clinical focus and secured a substantial A$11 million financing facility, positioning itself for growth in 2026.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

Argosy Minerals has made significant strides in developing its Rincon Lithium Project in Argentina, securing a crucial 40MW power connection and executing a lithium carbonate spot sales contract, all while navigating a buoyant lithium market.

Yari Minerals reported a $1.2 million cash outflow this quarter driven by exploration at Rolleston South, leaving just over one quarter of funding available. The company remains confident in securing further capital despite no immediate plans to raise funds.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

MCS Services Limited reported steady operations and positive cash flow for the December 2025 quarter while progressing the sale of its Highways Traffic subsidiary to Altus Traffic, pending shareholder approval.

Mustera Property Group reports strong sales momentum with $15.05 million contracted at its Verse on McCabe development, alongside a $3 million settlement at Forbes Residences, setting the stage for construction to begin in Q2 2026.

Brockman Mining Limited reports significant progress on its Pilbara iron ore projects, advancing joint ventures and infrastructure plans while delivering promising exploration results at Punda Springs.

Western Gold Resources has secured board approval to mine its wholly owned Gold Duke Project, backed by a $6.75 million oversubscribed placement and a robust updated resource estimate of 277,000 ounces of gold. Mobilisation is set for early 2026 as the company advances towards production.

Alara Resources has reported its strongest quarterly copper concentrate production and dispatch at the Al Wash-hi Majaza Mine, alongside expanded exploration efforts across Oman and strengthened financial footing through new loan facilities.

Manhattan Gold Corporation reports promising assay results from its Hook Lake Gold Project in Nunavut, Canada, confirming high-grade gold and polymetallic mineralisation across multiple prospects. The company plans to commence maiden drilling in April 2026 following a delayed aeromagnetic survey.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.