Latest Funding News

Black Rock Mining Limited has launched a Share Purchase Plan offering shareholders the chance to invest up to A$30,000 at A$0.021 per share, accompanied by free options, aiming to raise around A$2 million to advance its Mahenge Graphite Project.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.

West Wits Mining has raised $17.5 million through a discounted share placement to accelerate gold production at its flagship Qala Shallows project in South Africa. This capital injection, alongside existing loans, positions the company to advance toward steady-state output.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

Revolver Resources has successfully raised A$1.35 million through an oversubscribed equity placement, advancing its Dianne Copper Mine Project towards a Final Investment Decision targeted for late 2025.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

Zeotech Limited has locked in a binding five-year offtake agreement with MSI, granting exclusive marketing rights for its kaolin products across key Asian markets. This deal, valued at approximately AUD 204 million, sets the stage for early cash flow generation and advancement of its low-carbon concrete additive project.

Belararox Limited has raised A$8.5 million through a two-tranche placement to accelerate copper exploration at its high-potential projects in Botswana and Argentina, setting the stage for a busy drilling and geophysics campaign.

TT Investments, led by Executive Chairman Tony Pitt, has initiated an unconditional off-market takeover offer for 360 Capital Group at $0.30 per security, representing a substantial premium to historical trading prices. The bid aims to consolidate control and may lead to delisting if ownership thresholds are met.

Yari Minerals has raised $1.5 million through a share placement to fund its first drilling campaign at the South Rolleston Coal Project, aiming to upgrade its coal resource classification and confirm metallurgical quality.

OMG Group has significantly expanded its Oat Milk Goodness PrOATein ready-to-drink range to nearly 1,000 Woolworths stores nationwide, backed by a recent $2 million capital raise and plans for new product launches.

Clara Resources has upgraded the Ashford coking coal project’s resource classification to Measured status, reinforcing confidence in the deposit and setting the stage for a Pre-Feasibility Study to validate mining and financial assumptions.