Latest Funding News

American West Metals is finalising its Pre-Feasibility Study for the Storm Copper Project in Nunavut, advancing permitting and exploration along a 110km copper belt, backed by secured development funding.

Somerset Minerals (ASX:SMM) has raised $2 million through a placement and plans a $1.2 million entitlement offer to fund a maiden reverse circulation drill campaign at its Talisker copper target in Nunavut, Canada, starting July 2026.

TZ Limited (ASX:TZL) has launched a 1-for-4 non-renounceable entitlement offer priced at 3 cents per share, aiming to raise approximately $2.58 million to reduce debt and fund growth initiatives.

Kingston Resources has boosted the Southern Ore Zone (SOZ) Mineral Resource at Mineral Hill by 50%, expanding the mining inventory and underpinning plans for reserve growth and plant expansion.

Nickel Industries is investing US$169 million for a 17.5% stake in the PT Teluk Metal Industry HPAL project, aiming for production by September 2027 and leveraging its exclusive ore supply from Sampala.

Greenvale Energy has completed a detailed airborne magnetics-radiometrics survey over its Thunderball Uranium Project in the Northern Territory, supported by a government co-funding grant for further electromagnetic exploration.

Akora Resources has completed a $3.3 million equity raise combining a $1.6 million placement and a modest $187,000 entitlement offer, positioning the company to push forward with mine development following its recent mining permit grant.

Aurelia Metals has completed financial close on a A$150 million senior secured financing package, enhancing liquidity and releasing A$46 million of restricted cash.

Taiton Resources has allocated over 700,000 shares to its insiders following shareholder approval, with further shares and options pending issuance.

Tasmea Limited is set to acquire JPS Group for up to A$75 million, securing a foothold in Australia’s growing LNG and energy infrastructure sectors with a Tier-1 client base and a unique tech-enabled isolation technology.

Constellation Resources is raising $3.22 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to bolster exploration in Western Australia and support general working capital.

Atomic Eagle Limited has obtained crucial environmental and social approvals for its Muntanga Uranium Project in Zambia, significantly reducing permitting risk and positioning the project as development-ready while maintaining focus on resource expansion.