Latest Funding Programs News

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

Infinity Lithium Corporation has withdrawn from Spain’s PERTE VEC IIa capital funding program, opting to return nearly €20 million due to prolonged permitting and regulatory hurdles.

Tamboran Resources reports strong progress in its Beetaloo Basin pilot project, completing key wells and securing $70 million to fund drilling and infrastructure, aiming for first gas production by mid-2026.

Euro Manganese advances its Chvaletice manganese project with key regulatory approvals, leadership appointments, and a $9.8 million capital raise, while reporting a narrowed Q3 net loss.

Mt Malcolm Mines NL is set to begin a fully funded 3,000-metre RC drilling program targeting high-grade gold at its Golden Crown and Dumbarton prospects near Leonora, aiming to define a maiden JORC resource and advance development plans.

Bridge SaaS Limited reports a 7% increase in NDIS participant numbers through its majority-owned Brightside, while advancing regional expansion and targeting cash flow positivity by refining operational efficiencies.

Cobre Limited has inked a US$25 million earn-in agreement with BHP for its Kitlanya copper projects in Botswana, while delivering promising assay results at Ngami and advancing its high purity quartz project in Australia.

Savannah Goldfields has successfully completed a $2.69 million capital raise through a placement and institutional entitlement offer, setting the stage for a retail offer and a broader $14 million funding program to restart gold mining operations.

First Graphene Limited reports a robust December quarter with new patents, expanded distribution networks, and advancing commercial trials, positioning the company on a path to cash breakeven.

Atomo Diagnostics reports a robust Q2 FY25 with $1.2 million revenue driven by HIV self-test sales and a significant $2.44 million government grant for syphilis test development. The company advances its market footprint in Australia and New Zealand while maintaining a strong cash position.

Infinity Lithium reports steady progress on its San José Lithium Project with updated mining licence requirements and a strategic pivot to new European funding opportunities.

MTM Critical Metals reports solid progress on its US-based Flash Joule Heating demonstration plant, targeting a Q4 2025 start-up in Texas amid favorable regulatory and funding prospects.