Latest Funding News

Prominence Energy has agreed to acquire a vast natural hydrogen and helium exploration portfolio on the Gawler Craton, backed by a $1.75 million capital raise and strategic board appointments.

Finder Energy has fast-tracked the development of its Kuda Tasi and Jahal oil fields in Timor-Leste through a strategic alliance with SLB, targeting initial production of up to 40,000 barrels per day. The company’s diversified portfolio and tight capital structure position it for multiple catalysts in the second half of 2025.

Noble Helium Limited has responded to ASX inquiries about recent unusual trading activity, attributing it to ongoing convertible note amendment negotiations but denying undisclosed information influenced the market.

Universal Biosensors has requested a voluntary suspension of its shares on the ASX, pending details of a proposed capital raising. The suspension is expected to last until the end of June or until the announcement is made.

GreenHy2 Limited has successfully raised nearly $1 million through a strategic share placement aimed at fast-tracking its innovative energy storage products, including hybridised graphene batteries and hydrogen solutions.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Orion Minerals has obtained a $0.5 million unsecured loan facility from a company linked to its chairman, aimed at bolstering working capital ahead of potential funding events.

Critica Limited has entered a farm-in agreement with Ausgold Limited for its Kulin Gold Project, allowing Ausgold to earn up to 70% interest by funding exploration. This strategic move enables Critica to concentrate resources on its flagship Jupiter Rare Earth Element Project, Australia's largest high-grade clay-hosted rare earth deposit.

Golden Horse Minerals has initiated a significant diamond drilling campaign at its Hopes Hill gold project, aiming to deepen geological insights and expand high-grade mineralisation zones with government-backed support.

Enero Group has replaced its $50 million debt facility with a smaller $15 million revolving credit line from NAB, reflecting a strategic shift towards reduced capital needs and strong cash reserves.

Venus Metals Corporation has kicked off EIS co-funded diamond drilling at its Pincher Copper Project, with further campaigns planned at Youanmi and Bellchambers to test promising copper and zinc targets and advance metallurgical studies.

Koonenberry Gold has reported strong assay results from its sixth drillhole at the Enmore Gold Project, confirming extended and continuous gold mineralisation. The company plans a fully funded follow-up drilling program to further expand this emerging discovery in NSW.