Latest Funding News

Nexsen has locked in over $1.5 million in non-dilutive funding through a national research partnership, accelerating manufacturing scale-up and platform optimisation for its rapid diagnostics technology.

Alliance Nickel has pushed out the maturity of its unsecured loans by a year to June 2027, increasing the interest rate from 12% to 13%. This move provides ongoing funding as the company advances strategic discussions around its NiWest nickel-cobalt project.

Maritana Minerals has launched a fully funded 60,000-metre resource conversion drilling campaign targeting four key projects to upgrade Mineral Resources and bolster mine planning for the Black Swan Processing Hub.

VRX Silica Limited has successfully closed a renounceable rights issue, securing $2.86 million to fund key developments at its Arrowsmith North and Muchea silica sand projects.

Sabre Resources is poised to kick off a major drilling campaign at its Kurundi North Project, aiming to unlock copper-gold deposits analogous to Tennant Creek. This follows a transformative acquisition pending shareholder approval and includes government-backed funding for follow-up diamond drilling.

Goodman NZ (NZX:GNZ) posted a 126% jump in statutory profit to $248 million for FY26, underpinned by strong property revaluations and leasing gains. The group completed its corporatisation and stapling, launched a property funds management platform, and progressed a development pipeline exceeding $1 billion.

Bankers Investment Trust reported a 3.7% NAV total return for the half-year to April 2026, outpacing the FTSE World Index, while declaring a 3.1% dividend increase. Fund manager Alex Crooke announced retirement, with Richard Clode set to take the helm.

Amara Minerals has completed a $2.2 million placement by issuing 440 million shares at a 25% premium, backed by a $500,000 cornerstone investment from Nova Minerals. The funds will fuel drilling at its Victorian gold-antimony projects and support broader exploration ambitions.

Li-FT Power Ltd. has obtained a binding call option to acquire the Renard diamond mine site or its owning companies, aiming to repurpose its processing infrastructure for lithium production. The deal hinges on Canadian court approval and involves a significant option fee and care commitments.

Schoolblazer Group has consolidated its fragmented debt into a $110 million multi-currency facility with Westpac, providing significant headroom for growth and lowering its cost of debt.

Babylon Pump & Power is steering through a strategic reset with its rental business booming and new funding arrangements in place, aiming to resume trading by August 2026.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.