Latest Funding Risk News

Raiden Resources progresses environmental approvals for its Brazilian gold tailings project, identifies new arsenic anomalies in Bulgaria, and moves to sell a major stake in its Western Australian nickel project.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Silver Mines has confirmed robust economics for its Bowdens Silver Project, boosting ore reserves to 93.5 million ounces and outlining a 26-year mine life with a $455 million capital cost estimate.

Aldoro Resources has secured A$4.3 million through unsecured convertible notes, providing funding to accelerate development at its Kameelburg Critical Minerals Project and exploring a potential Hong Kong Stock Exchange listing.

Tennant Minerals has completed a $2.8 million placement to accelerate drilling and development at its Bluebird copper-gold-bismuth discovery, aiming to extend high-grade zones and explore new targets along a 2.5km corridor.

Lakes Blue Energy is positioning its Wombat Gas Project as a key contributor to Victoria's energy security and emerging AI infrastructure, with a conceptual study projecting a post-tax NPV10 of A$605 million and first gas in early 2029.

Sprintex Limited has locked in underwriting agreements covering 8.7 million unexercised options, potentially raising up to A$870,000. The company also agreed to extend a A$1.85 million convertible note maturity by one year, pending shareholder approval.

PLS Group has greenlit a substantial pre-FID spend to keep its P2000 lithium expansion on track, aiming for a final investment decision by late 2026 and first ore by mid-2029.

Alice Queen Limited has contracted a versatile drilling rig to kickstart a multi-phase exploration program at its Horn Island Gold Project, with operations set to begin mid to late July 2026.

Theta Gold Mines has issued US$90 million in senior secured bonds, securing crucial funding held in escrow to progress its TGME Gold Project in South Africa, aiming for first gold production in early 2027.

Butn Limited has unveiled the Moneybox Retail Credit Fund, marking its strategic entry into retail private credit investing with a digital platform targeting SME loans.

Hartshead Resources held a pivotal scheme meeting on 8 June 2026 to approve ACAM GP Limited’s acquisition offer, featuring a 133% premium and unanimous board support. The outcome now hinges on final court approval.