Latest Funding News

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, backed by a €1 million EBRD grant and promising drilling outcomes at KM and SAB deposits. The company is well positioned amid rising global phosphate demand and tightening supply.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

Venari Minerals has completed a successful drilling campaign at its Red Mountain Lithium Project, with assay results confirming significant lithium mineralisation and advancing towards a maiden resource estimate. The company also secured critical water rights, enhancing project development prospects.

Ovanti Limited has completed a $1 million capital raise through a discounted share placement to accelerate its buy now, pay later business expansion in the United States.

Nanoveu Limited has raised A$7.5 million through a strategic placement to accelerate the commercial rollout of its cutting-edge EMASS ECS-DoT semiconductor technology, including a rapid 16nm chip tape-out and live drone validation.

29Metals Limited has announced a fully underwritten $150 million entitlement offer to bolster liquidity, address operational disruptions at Golden Grove, and accelerate development projects including the Gossan Valley and Capricorn Copper restart.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

EV Resources has commenced a fully funded maiden diamond drilling program at its Los Lirios Antimony Project in Mexico, aiming to define a maiden JORC resource by Q3 2026 and accelerate towards production.

Sunstone Metals has reported a 33% increase in its Bramaderos gold-copper resource to 3.6 million ounces gold equivalent, alongside a maiden 1.2 million ounce resource at El Palmar. The company is gearing up for renewed drilling and advancing strategic partnerships.

Galan Lithium advances construction at its Hombre Muerto West project, targeting first lithium production in the first half of 2026, while strategically expanding its Greenbushes South tenure in Western Australia.

Norwest Minerals has entered a three-year At-The-Market equity subscription agreement with Dolphin Corporate Investments, unlocking up to $3 million in standby capital to support its Bulgera Gold project and ongoing operations.

Ore Resources Ltd has revealed promising assay results from its Phase 3 drilling at the Miriam Project’s Forrest prospect, confirming multiple gold lode extensions and new mineralisation zones. The company plans an aggressive Phase 4 drilling campaign and regional exploration program in 2026.