Latest Funding News

Sheffield Resources has secured an additional US$10.15 million tranche on its senior loan facility for the Thunderbird Mineral Sands Mine, aimed at bolstering working capital. Ongoing negotiations to restructure debt add an element of financial uncertainty for the joint venture.

Dalrymple Bay Infrastructure Limited (DBI) forecasts an 8.1% increase in terminal infrastructure charges for TY-26/27, alongside an 8.5% uplift in distribution guidance, reflecting strong operational performance and ongoing capital investment.

Cosmo Metals has launched the diamond drilling phase at its Kanowna Gold Project near Kalgoorlie, focusing on a 400m deep hole co-funded by the WA Government to test key structural gold targets.

PMET Resources has secured crucial non-binding letters of support from Export Development Canada and Germany’s KfW IPEX-Bank, marking a key step toward financing its Shaakichiuwaanaan critical minerals project in Quebec ahead of an updated feasibility study.

Geopacific Resources' updated 2026 DFS for the Woodlark Gold Project reveals a 19% rise in Mineral Resources to 1.98 million ounces and a new Ore Reserve of 1.2 million ounces, underpinning robust economics and a rapid 18-month payback.

Marimaca Copper’s 2026 drilling campaign at Pampa Medina reveals multiple stacked high-grade copper mantos, reinforcing the deposit’s scale and continuity across oxide and sulphide zones.

James Hardie Industries saw a 25% sales increase in FY26 driven by the AZEK acquisition but reported a 75% net income decline amid acquisition costs and margin pressures. The company expects synergy gains and adjusted EBITDA growth in FY27.

New Zealand Rural Land Company posted a stable FY25 with $7.9 million net profit and raised FY26 AFFO guidance, shifting to quarterly dividends targeting 90-100% of AFFO amid a board refresh.

Argosy Property Limited reported a 3.3% rise in net property income to $120.8 million for FY26, underpinned by strong leasing, a $58.5 million revaluation gain, and progress towards a 50% green portfolio by 2031.

Hawk Resources is raising up to $5.87 million through a placement and entitlement offer to fund drilling and soil sampling at its US copper and WA scandium projects. The raise includes a non-renounceable entitlement offer and options issuance, with dilution risks for non-participating shareholders.

AoFrio Limited has secured NZ$4.56 million through a share placement to existing investor Wairahi Investments, underpinning a bold strategy to boost revenue growth to 25% annually. A follow-up rights issue will allow current shareholders to participate at the same price.

US Masters Residential Property Group (URF) sold 40 properties for US$48.59 million in Q1 2026, cutting its portfolio to 121 assets valued at US$123.21 million. The Group targets a full exit by year-end amid stable market conditions despite geopolitical and local political challenges.