Latest Funding Strategy News

Patagonia Lithium has withdrawn its previously announced 15-year, 10,000 tonnes per annum production target, clarifying it was aspirational and not compliant with ASX Listing Rules. This retraction raises questions about the project's near-term viability and investor confidence.

Red Hawk Mining has made significant progress on its Blacksmith Iron Ore Project, submitting a mining proposal and reporting positive sinter test results, while managing tight cash reserves through asset sales and loan negotiations.

Global X Management (AUS) Limited has announced estimated distribution amounts for its Australian-listed ETFs for the period ending January 31, 2025, providing clarity on upcoming income payments.

Andromeda Metals has secured a $2.34 million R&D tax refund for the 2024 financial year, reinforcing its funding strategy and underpinning development of the Great White Project.

Montaka Global Extension Fund has announced a distribution of 11.10 cents per unit for the half-year ending December 2024, alongside details of its Distribution Reinvestment Plan and tax component estimates.

Cassius Mining Limited has successfully raised $1 million through a share placement to fund its Soalara project in Madagascar and ongoing litigation in Ghana, signaling a strategic push in key operational areas.