Latest Funding Arrangements News

Global Uranium and Enrichment Limited has entered a new funding agreement with Summit Strategies LLC, raising an additional A$2.5 million through convertible notes to support its ongoing operations and merger obligations with Snow Lake Resources.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Dimer Taipan Gold Project to upgrade and extend its mineral resource ahead of mining operations scheduled for late 2025.

Recce Pharmaceuticals has commenced patient dosing in its pivotal Phase 3 trial for diabetic foot infections in Indonesia, supported by promising antibacterial efficacy data and extended funding arrangements.

Hartshead Resources has secured a Well Carry Agreement with RockRose Energy, reducing its equity stake while RockRose funds critical Phase C well costs. The company also seeks a two-year licence extension amid regulatory delays, maintaining a strong cash position and clear development plans.

Citigold Corporation continues its efforts to restart the high-grade Charters Towers Gold Project, focusing on exploration, mine design, and securing funding despite a significant annual loss.

Alpha HPA Limited reports significant progress on its HPA First Project Stage 2 construction and secures $30 million funding, while signing new letters of intent with leading semiconductor OEMs.

Cassius Mining Limited reports steady progress on its Soalara Limestone Project joint venture discussions and updates on its international arbitration case against Ghana, while raising $250,000 through share and convertible note issuances.

Titanium Sands Limited is advancing its Mannar Island Project with the Environmental Impact Assessment nearing completion and secured funding to navigate regulatory hurdles in Sri Lanka.

Andromeda Metals has made substantial strides in funding and technical development for its Great White and High Purity Alumina projects, including a $75 million debt facility nearing finalisation and a $13 million share placement.

Anax Metals has made significant progress on its Whim Creek Copper-Zinc project, securing a waste rock processing agreement and continuing efforts to finalize project financing.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.