Latest Funding News

EBR Systems marked a pivotal transition in 2025 with FDA approval of its WiSE CRT System and the initiation of U.S. commercial implants, generating $1.6 million in revenue. Despite this progress, the company reported a net loss of $48.8 million and completed a significant capital raise to support ongoing growth.

Neometals Ltd has released a positive scoping study for its Ironclad gold deposit at the Barrambie Gold Project, outlining a rapid production pathway with potential output of up to 11,000 ounces of gold within a year.

ChemX Materials has formalised a $1.2 million unsecured loan with independent investor Ovay Pty Ltd to support its working capital amid ongoing restructuring, with the loan set to convert to shares upon re-listing.

Savana Asset Management’s February letter reveals a challenging month marked by a tech sector sell-off amid AI disruption fears, a surge in AI capital expenditure, and a continuing rotation towards value-driven small caps.

EVE Health Group has increased its placement funding to $1.3 million, backed by a cornerstone investor with pharmaceutical expertise, advancing its reformulated drug programs targeting billion-dollar global markets.

Magnetic Resources NL is set to be acquired by Genesis Minerals Limited, with outstanding options cancelled for cash following an ASX waiver. Performance rights will vest and be exercised prior to the scheme’s record date.

Synertec has secured a pivotal contract with TasNetworks to deploy six advanced community battery systems across Tasmania, supported by ARENA funding. This marks a significant step for Synertec into the community energy storage sector, promising enhanced grid reliability and solar integration.

Sheffield Resources has resumed mining and processing at its flagship Thunderbird Mineral Sands Mine following repairs to critical equipment, signalling a return to production at this major Western Australian asset.

Iron Bear Resources has received crucial exploration approvals from Newfoundland authorities, paving the way for a major drilling program aimed at expanding its vast iron ore resource in partnership with Vale S.A.

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.