Latest Funding News

Black Cat Syndicate Limited has completed the second tranche of its share placement, raising approximately $12 million and issuing additional shares under a native title agreement at its Paulsens Gold Operation.

Rox Resources has successfully raised $36 million through the first tranche of its $40 million placement, with the second tranche pending shareholder approval. This capital injection aims to support its gold exploration projects in Western Australia.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Marvel Gold Limited has made significant progress in acquiring the Hanang Gold Project in Tanzania, submitting all regulatory documents and anticipating approvals soon. The company also prepares for its Annual General Meeting where shareholders will vote on a $2.5 million capital raising placement.

Northern Minerals has completed a pivotal drilling program at its Dazzler deposit, revealing new geological insights and expanding exploration targets for heavy rare earth elements in Western Australia.

Grand Gulf Energy has inked a non-binding MoU with Sage Potash to jointly explore helium and potash resources in Utah’s Paradox Basin, aiming to share costs and infrastructure for a 3D seismic survey and potential drilling.

Lode Resources has launched a 15-hole diamond drilling program at its Magwood Antimony Project in NSW, targeting multiple high-grade lodes including unmined mineralisation down to 450m. This move bolsters Lode’s strategic position in critical minerals amid rising antimony demand.

Ridley Corporation has successfully raised approximately $99 million through an institutional placement and entitlement offer to partly fund its $300 million acquisition of Dyno Nobel’s fertiliser distribution business. The capital raising received strong support from institutional investors, setting the stage for a retail entitlement offer later this month.

Charter Hall Long WALE REIT has announced a 6.25 cents per stapled security distribution for the quarter ended March 31, 2025, featuring a significant AMIT Fund Payment component. This distribution reflects the REIT’s ongoing commitment to delivering steady income to investors under the Attribution Managed Investment Trust framework.

DTI Group Ltd has announced a fully underwritten non-renounceable entitlement offer to raise approximately $2.69 million by issuing new shares at a discounted price of $0.006 each. The offer, backed by major shareholder Finico Pty Ltd, aims to strengthen the company’s balance sheet and repay existing debt.

Beam Communications has finalized a settlement with Roadpost Inc. that will see it receive approximately AU$4.1 million in addition to proceeds from selling its 50% stake in Zoleo Inc. This payment covers early royalties and inventory adjustments, setting the stage for a major capital return review.

Koonenberry Gold has expanded the known strike of the Sunnyside gold system at its Enmore Project in NSW to over 230 metres, with visible gold observed in seven of nine drill holes. The company plans further drilling, supported by a strong cash position, to explore the system’s full potential.