Latest Funding News

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

Wildcat Resources has significantly extended its Bolt Cutter Central lithium discovery near its Tabba Tabba Project in Western Australia, revealing a large, open-ended pegmatite system with multiple high-grade lithium intercepts.

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Lindian Resources has successfully arranged a A$5 million options underwriting with Petra Capital, reinforcing institutional confidence as the options near expiry.

ChemX Materials Limited has successfully completed its voluntary administration process with creditors approving restructuring agreements for both the parent company and its subsidiary HiPurA Pty Ltd. This marks a significant step towards stabilising operations and returning control to the board.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Group 6 Metals Limited has updated its quarterly cash flow report, excluding certain financing from working capital calculations, while confirming sufficient funding and forecasting improved operational cash flows.

Altamin Limited has locked in $753,000 through a share placement to cover part of its entitlement offer shortfall, attracting sophisticated investors from the UK and Australia.

Power Minerals Limited has amended its Rincon Lithium Project Joint Venture announcement to clarify mineral resource categories and assumptions, retracting financial forecasts to avoid investor confusion. The Rincon JV incorporation is imminent, unlocking a $4 million investment to advance lithium brine development.

Globe Metals & Mining has completed a significant A$8.67 million private placement, issuing shares and options to key investors to advance its Kanyika Niobium Project in Malawi.