Latest Funding News

IRIS Metals Limited has had its trading suspension lifted following the announcement of a new transaction and an update on its capital raising efforts, signaling renewed momentum for the base metals miner.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

Cleo Diagnostics has raised $5 million to support the U.S. commercial launch of its Pre-Surgical Ovarian Cancer Test and accelerate development of a mass screening test, signaling strong investor confidence in its technology.

Mount Ridley Mines has locked in nearly $1.8 million through a fully underwritten exercise of expiring unlisted options, ensuring financial backing for its Mount Ridley Project exploration and metallurgical programs.

Boss Energy has withdrawn its 2021 Enhanced Feasibility Study for the Honeymoon uranium project due to significant deviations in resource assumptions, launching a new study focused on a wide-spaced wellfield design that could lower costs and improve recoverability.

MONEYME has locked in a $300 million credit card warehouse financing facility with improved pricing, setting the stage for its new credit card product launch in 2026.

Rincon Resources has partnered with Greatland Resources in a multi-stage farm-in joint venture on the Telfer South tenements, unlocking a pathway for Greatland to earn up to 75% interest while Rincon retains key assets and focuses on advancing its Hasties deposits.

Rincon Resources has entered a multi-stage farm-in joint venture with Greatland Resources on its Telfer South tenements, leveraging Greatland’s local expertise and infrastructure to accelerate exploration and development in the Paterson Province.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Thor Energy is gearing up for a pivotal 2D seismic survey in mid-2026 at its HY-Range Project, while securing significant funding through divestments of non-core assets, positioning itself for focused hydrogen and helium exploration.

Paladin Energy has restructured its syndicated debt facility, reducing total debt capacity from US$150 million to US$110 million, enhancing liquidity and balance sheet flexibility following a strong equity raise in 2025.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.