Latest Funding News

Lode Resources has agreed to sell its Webbs Consol Silver Project to Rapid Critical Metals for A$3.75 million in cash, a significant shareholding, and a royalty, positioning both companies for strategic growth in New South Wales.

Diablo Resources has extended its Phoenix Copper Project claims in Utah, targeting high-grade copper mineralisation along a key fault zone, as the US moves to classify copper as a critical mineral. The company’s maiden drilling program is underway with results expected soon.

Hartshead Resources NL has had its trading suspension lifted following a significant announcement about a well carry agreement tied to its P2607 Licence. This development marks a pivotal moment for the company’s exploration prospects.

Hartshead Resources has struck a pivotal Well Carry Agreement with RockRose Energy, securing full funding for its Phase C drilling costs while trimming its joint venture stake. The move also triggers a licence extension application amid UK regulatory delays.

Elanor Investors Group advances its strategic alliance with Rockworth Capital Partners through a $125 million recapitalisation and Firmus acquisition, while rejecting an unsolicited takeover offer for its commercial property fund. The group also reports FY24 results highlighting stabilisation efforts amid high gearing.

Redcastle Resources has significantly expanded its exploration footprint in Western Australia’s Leonora–Laverton goldfields through the acquisition of the TBone Belt tenements, adding multiple promising near-surface targets adjacent to its existing projects.

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.

SSH Mining Australia has entered a profit share mining agreement with High-Tech Metals to advance the Wagtail Gold Deposit, marking a pivotal step in the Mt Fisher Gold Project's development.

Pro-Pac Packaging is progressing a strategic review involving potential asset sales and liquidity support, with ASX trading suspension imminent pending financial disclosures.

Buru Energy has successfully raised $2.1 million through a share placement and launched a $3 million Share Purchase Plan to advance its Rafael Gas Project, targeting a Final Investment Decision by late 2026 and first cash flow by early 2028.

InFocus Group Holdings launches a new division focused on digital assets, AI, and big data, supported by a conditional $10 million financing from Mythos Group. The move aims to accelerate innovation in gamification and blockchain ventures.

Litchfield Minerals has identified significant copper mineralisation above key VTEM conductors at its Oonagalabi Project, expanding the known system by over 1km and preparing for a major drilling campaign.