Latest Funding News

AuMEGA Metals has launched an ambitious diamond drilling program at its Cape Ray and Bunker Hill projects in Newfoundland, revealing encouraging early gold results that hint at a larger mineralised system.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.

Immutep’s novel immunotherapy combination with radiotherapy and KEYTRUDA® has met its primary endpoint in a Phase II trial for resectable soft tissue sarcoma, showing promising early signs of improved patient outcomes.

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.

Turners Automotive Group has reported a record FY25 performance, with net profit after tax rising 17% to $38.6 million and dividends increasing 14% to 29.0 cents per share, showcasing resilience amid challenging economic conditions.

Pioneer Lithium has completed the second tranche of its capital raising, issuing 1.6 million shares to directors following shareholder approval. This move strengthens the company’s capital base as it advances its lithium exploration ambitions.

Osteopore Limited has drawn down an additional A$500,000 from the first tranche of its redeemable convertible notes, bringing total subscriptions close to the A$5 million tranche limit. The funds will support ongoing operations and future growth initiatives.

Macarthur Minerals has announced a fully underwritten pro-rata rights issue to raise nearly A$2 million, aiming to fund corporate operations and advance strategic options for its Lake Giles Iron Project.

Chorus Limited has lodged a replacement Product Disclosure Statement for its $170 million Capital Notes offer, confirming S&P’s equity content treatment and updating key offer dates and terms.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Auric Mining has raised $6.66 million through a strongly supported placement to fund key acquisitions and boost gold production amid record prices.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.