Latest Funding News

American Rare Earths has partnered with Novex to tackle the critical oxide-to-metal bottleneck in the US rare earth supply chain, aiming to establish a fully domestic mine-to-magnet value chain from its Halleck Creek Project.

Synertec Corporation Limited (ASX:SOP) reported a 19% revenue increase in FY26 alongside its first net operating cash inflow since FY19. The company raised approximately A$6 million through an institutional placement to support working capital and growth initiatives while reaffirming FY27 revenue guidance.

Impact Minerals (ASX:IPT) has initiated a renounceable pro-rata entitlement offer to raise up to $4.13 million at $0.032 per share, with two free attaching options for every three new shares. The partially underwritten raise aims to fund exploration and development across its key projects including High Purity Alumina.

True North Copper (ASX:TNC) has secured A$18 million in a placement upsized due to strong demand, plus a capped A$2 million Share Purchase Plan, to finalize its Mt Oxide acquisition payment and fund drilling and development across its copper projects.

Audalia Resources plans a $450,000 share placement to advance its Medcalf project and bolster working capital, while continuing to explore further funding options for regulatory approvals.

Avenira Ltd (ASX:AEV) is raising nearly $49 million through a heavily discounted three-for-two renounceable rights issue to finance the transition of its Wonarah Phosphate Project from development to production.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Eureka Group Holdings has acquired Townsville Lakes Holiday Park, adding 110 sites and targeting an 18.2% IRR through conversion to long-term rentals amid tight regional housing markets.

Midas Minerals has pushed the boundaries of its Spaatzu Prospect at Otavi, Namibia, with consistent high-grade copper and silver intercepts now confirmed along a 1.2km strike. The discovery enhances the project’s resource potential ahead of planned updates in early 2027.

Andromeda Metals is targeting $3 million through a Share Purchase Plan to fund the next phase of its High Purity Alumina project, including pilot plant optimisation and a Pre-feasibility Study.

ABx Group secures environmental approvals consultancy for Sunrise Bauxite Project as Good Importing International invests A$2.7 million for a 70% stake. GII's option on NSW assets expires, leaving ABx with full control.

Radiopharm Theranostics is gearing up for a pivotal Phase 3 trial of its brain metastases imaging agent RAD101, following strong Phase 2b results and an upcoming FDA meeting to finalise trial design.