Latest Funding Strategy News

Delorean Corporation has approved the Final Investment Decision for its 100% owned NSW1 Horsley Park Bioenergy Facility, supported by $30.5 million in grants. Construction is planned to start in Q3 2026, pending the securing of $31.6 million in additional funding.

Key Petroleum Ltd (ASX:KEY) has completed a placement of over 3 million shares, raising approximately AUD 176,660 before costs to fund asset acquisitions, development, and working capital.

NEXTDC Limited (ASX:NXT) has announced a A$1 billion wholesale offer of subordinated hybrid securities, fully backed by a binding commitment from Canadian investment group La Caisse. The capital raise aims to support NEXTDC’s growth strategy and infrastructure expansion through to FY29.

NH3 Clean Energy has entered a pivotal phase in its WAH2 Project development, partnering with global engineering giant Linde and progressing funding discussions to secure up to A$567 million. This collaboration aims to reduce capital and operational risks as the project moves closer to a final investment decision.

Andromeda Metals faces uncertainty in securing cornerstone funding for its Great White Project due to Middle East geopolitical tensions, while pushing forward with its High Purity Alumina pilot plant commissioning.

Killi Resources Limited has successfully completed the first tranche of its share placement, issuing over 26 million shares to raise just over $1 million. The company confirms full regulatory compliance with no undisclosed information.

Latitude Group Holdings has finalised the margin and size for its Capital Notes 2 offer, setting a 4.15% annual margin and allocating $130 million following a successful bookbuild.

Osteopore Limited has drawn down an additional $250,000 on the second tranche of its redeemable convertible notes, continuing its strategic funding partnership with Advance Opportunities Fund. This incremental funding supports the company’s ongoing business and future growth initiatives.

Anax Metals Limited has successfully completed the first tranche of its capital raising, issuing 225.5 million shares to institutional and sophisticated investors and securing $5.2 million in fresh funds.

Cavalier Resources has signed non-binding term sheets for a combined US$13 million gold prepayment and A$5 million gold loan to fund the Stage 1 development of its Crawford Gold Project, significantly improving project economics and financial flexibility amid softening gold prices.

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

Key Petroleum Ltd has completed a modest 3% share placement but will not proceed with the remaining 13%, leaving questions over its funding strategy.