Latest Funding News

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Magellan Financial Group reported a modest rise in assets under management to A$40.2 billion as of 30 September 2025, reflecting shifts in retail and institutional investor activity.

AKORA Resources has successfully completed a $2.9 million capital raise and commenced a trenching program at its flagship Bekisopa Iron Ore Project in Madagascar, reinforcing strong local and governmental support as it progresses towards production.

Ovanti Limited has secured $8 million through a strategic share placement to accelerate its US Buy Now, Pay Later expansion, highlighted by a new three-year NASCAR sponsorship deal.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Airtasker has landed a £2.5 million media investment from Channel 4’s venture arm to accelerate growth in the UK, building on a strong marketplace performance and deepening a strategic media partnership.

Lindian Resources has successfully completed early development works at its Kangankunde Rare Earths Project in Malawi on time and within budget, setting the stage for mining operations to begin in early 2026. The company has also secured key mining equipment and is progressing with infrastructure and process plant preparations.

Western Gold Resources reports strong early drilling results from its Gold Duke Project, confirming high-grade gold continuity and securing full funding through to production.

Ora Banda Mining has delivered a record gold production quarter alongside a substantial cash flow boost, setting a strong tone for FY26 growth.

Sarama Resources has completed the second tranche of its A$2.6 million equity placement, issuing new options to fund exploration at its Cosmo Gold Project and support arbitration efforts.

Cyclopharm Ltd has been hit with legal proceedings by 4D Medical Limited, accusing it of making false and misleading statements during a March webinar. Cyclopharm denies the allegations, calling the claim without merit.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.