Latest Funding News

Critical Resources Limited has raised $1.8 million through a strategic placement to fund maiden drilling programs at its gold-antimony projects in New South Wales and New Zealand, signaling a pivotal step in its exploration journey.

MaxoTel has locked in a business finance agreement with Westpac to fund its proposed acquisition of Vonex shares, reinforcing the path to a shareholder vote on the scheme. Vonex’s independent directors continue to recommend approval, pending no better offers and expert endorsement.

InteliCare Holdings has raised $2 million through a two-tranche placement to accelerate its AI-driven aged care platform and terminated a convertible note facility to streamline its capital base.

Magellan Asset Management has announced a special distribution of 11.00 cents per unit for its Magellan Global Opportunities Fund – Active ETF, offering investors a timely income boost alongside a reinvestment option.

Theta Gold Mines has officially begun construction at its flagship TGME Gold Mine in South Africa, securing key contracts and funding support that pave the way for production by early 2027.

Coventry Group has launched a $20 million entitlement offer at a 15% discount to reduce debt and bolster working capital. Eligible shareholders can also apply for additional shares through a shortfall facility.

GBM Resources has regained 100% ownership of the Mt Coolon Gold Project after Newmont's exit, consolidating its position in Queensland's Drummond Basin with a substantial gold resource and promising exploration targets.

Future Battery Minerals has revealed strong gold anomalism at its Canyon prospect within the Miriam Project, identifying a significant mineralised shear zone and expanding its Phase 2 drilling plans.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

Koonenberry Gold (ASX, KNB) reports promising soil sampling results from its Wilga Flats Project in NSW, revealing a 4.2km gold and base metal anomaly akin to the nearby Cowal Gold Mine. The company aims to progress these targets to drill-ready status backed by a strong cash position.

Centaurus Metals has successfully raised $3.1 million through a Share Purchase Plan, complementing a recent $20 million placement to fund the development of its flagship Jaguar Nickel Sulphide Project in Brazil.

Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.