Latest Funding News

Papyrus Australia (ASX: PPY) has secured $175,000 through a share placement alongside convertible note conversions and related party loans, aiming to fund commercialisation and fulfil a key contract for biodegradable Collar Keeper® products.

Omega Oil and Gas has secured A$60 million in a strongly oversubscribed institutional placement to fund an upgraded drilling program featuring US-standard horizontal wells and extended flow testing in Queensland’s Taroom Trough.

Resolution Minerals has raised A$20 million in a strongly supported institutional placement to accelerate exploration and development at its US Horse Heaven Project, while preparing for a NASDAQ listing to boost its US market presence.

Phoslock Environmental Technologies reported a stable sales volume and improved cash flow compared to last year, while ramping up production after reopening its Chinese factory. The company is advancing R&D on a new lanthanum product and faces ongoing legal challenges with mediation set for June.

Voltaic Strategic Resources (ASX:VSR) closed March 2026 with a robust A$9.3 million cash and securities position, progressing drill-ready gold targets at Meekatharra and refining rare earth and lithium prospects across Western Australia. The company’s strategic acquisition adjacent to its Ti Tree Lithium Project signals intent to consolidate its position in a burgeoning lithium corridor.

InVert Graphite has delivered strong assay results from its maiden drilling program at the Morogoro Project, Tanzania, confirming extensive near-surface graphite mineralisation with grades up to 21.5% Total Graphitic Carbon. The company pauses drilling for the wet season but maintains a solid cash position to advance next steps.

Dreadnought Resources has obtained regulatory approval for open pit mining at its Star of Mangaroon gold project in Western Australia, advancing its strategy to become a self-funded explorer by outsourcing development and processing.

BPH Global’s Indonesian arm has entered Stage 2 of its collaboration with Indonesia’s National Research and Innovation Agency to develop fucoidan extraction technology and a powdered supplement prototype, targeting commercialisation within months.

HyTerra Ltd is raising up to $7 million through a non-renounceable entitlement offer to fund leasing, drilling, and data acquisition as it advances its geologic hydrogen projects.

8common Limited reported a 7% rise in SaaS revenue to $1.2 million in Q3 FY26, backed by fresh government contracts and cost cuts. The fintech is on track to deliver full year EBITDA positive and maintain solid operational cash flow.

Canyon Resources has mobilised its surface miner at the Minim Martap Bauxite Project, with first production on track for Q2 2026 and full funding secured through a US$140 million credit facility and cash reserves. Leadership changes and logistics updates mark a pivotal quarter for the company.

DigitalX Limited closed the March 2026 quarter with A$59.5 million in liquid assets, unveiling a A$30 million strategic investment program and delivering record revenue from its Sell My Shares platform, signalling a pivot towards disciplined capital deployment and sustainable growth.