Latest Funding News

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Excite Technology Services has secured $1.05 million through convertible notes, aiming to capitalise on its strongest operational cash flow quarter and accelerate growth.

Legacy Minerals advances drilling at its Mascotte Silver-Gold Prospect within the Mt Carrington Project, with assay results imminent and a comprehensive Scoping Study expected in April 2026.

EVE Health Group has raised $0.9 million to advance its pharmaceutical reformulation programs targeting global markets worth over US$30 billion. The funding will support development of improved delivery technologies for medicines nearing patent expiry.

OzAurum Resources has kicked off an 18,000-metre drilling campaign at its Mulgabbie North Gold Project, aiming to confirm high-grade gold zones and accelerate its pathway to production.

ADX Energy has secured A$4.4 million through a well-supported placement to fund key exploration projects in Austria and Italy, alongside plans for a strategic dual listing on Oslo Børs’ Euronext Growth market.

H3 Energy has appointed LAB Energy Advisors to spearhead farm-in talks for its Alinya project, a vast and underexplored oil and gas prospect in South Australia’s Officer Basin. The move aims to accelerate partner engagement ahead of drilling a potentially game-changing well.

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.

Kjerulf David Hastings Ainsworth has initiated a second proportional takeover bid for 5.5% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and cash certainty. The move underscores Ainsworth’s belief that AGI remains undervalued amid a low likelihood of competing bids.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

Aura Energy has postponed its strategic transaction for the Häggån project due to an ongoing Swedish government inquiry into alum shale mining and current market conditions, while retaining full ownership and commitment to the project.