Latest Funding News

Argent BioPharma has achieved a significant milestone by commencing formal supply of its EU-GMP cannabinoid API for epilepsy treatment at a leading Slovenian hospital and gaining prescription approval for CannEpil™ in Germany, marking key steps in its European expansion.

Kalamazoo Resources reported a challenging quarter with significant cash outflows but has secured firm commitments for a $2 million placement to extend its funding runway.

Northern Star Resources has declined to exercise its option to acquire Kalamazoo’s Ashburton Gold Project, leaving Kalamazoo to advance development plans amid record Australian gold prices. The company has initiated a Scoping Study and secured $2 million in fresh capital to support its next phase.

State Gas Limited has successfully drilled two new wells at its Rolleston West Project, intersecting significant coal seams and initiating production testing, while engaging NSAI for independent reserve certification.

Hawthorn Resources is progressing its Anglo Saxon gold project with an approved drilling program and advancing mining lease applications at Mt Bevan, while maintaining a strong cash position.

Viridis Mining and Minerals has been selected for up to US$903 million in Brazilian government funding to advance its Colossus Rare Earth Project, while delivering Brazil’s first locally sourced rare earth oxides and posting robust Pre-Feasibility Study results.

Resource Mining Corporation (ASX, RMI) has kicked off a new drilling campaign at its Mpanda Copper-Gold Project in Tanzania, progressed exploration in Saudi Arabia, and strengthened its balance sheet by raising $2 million and repaying all debt.

AustChina Holdings has launched initial fieldwork at its Sulphide Creek Gold-Antimony Project and secured a key exploration licence for its Mersey Base Metals and Gold Project in Tasmania, signaling a strategic push in mineral exploration.

Gas2Grid Limited is on the cusp of securing three key service contracts in the Philippines, aiming to revive its exploration activities despite looming ASX delisting. Meanwhile, its legal battle in France continues to unfold.

Clara Resources has advanced its Ashford Coking Coal Project with an updated resource report and plans a drilling program, while raising $600,000 to support operations amid a strategic review of its Kildanga Nickel/Cobalt asset.

Theta Gold Mines secures a pivotal US$35 million loan facility and board approval to mine, marking significant progress in the development of its TGME Gold Mine Project in South Africa.

Elixinol Wellness reported a 10.8% revenue increase in Q2 2025, supported by improved cash receipts and a focused cost containment program. The company secured new funding and launched a menopause-targeted product, positioning itself for margin growth and profitability in H2.