Latest Funding News

Askari Metals has announced a $1.5 million rights issue to fund a maiden drilling campaign at its Nejo Gold and Copper Project in Ethiopia, aiming to unlock significant value in a promising underexplored region.

West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.

NexGen Energy has expanded its Australian equity offering to AUD 600 million alongside a concurrent C$400 million North American deal, aiming to accelerate development of its flagship Rook I uranium project.

Nordic Resources has raised A$1.75 million through a strategic placement with Australian resource funds to advance exploration and development of its Finnish gold projects, including the sizeable Kopsa deposit.

Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.

Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.

QuickFee Limited has completed the sale of its US Pay Now business, announced a 7.5 cent per share capital return, appointed founder Bruce Coombes as CEO, and updated its FY26 earnings guidance.

DFA Australia Limited has announced the Distribution Reinvestment Plan (DRP) issue prices for its Dimensional Australian Core Equity Trust and Australian Value Trust following the September 2025 distribution.

The Calmer Co International Limited has reported its strongest quarterly revenue ever at $2.4 million, driven by robust Australian retail sales and expanding US market presence. The company is also advancing a $1.4 million convertible note to fuel growth and inventory expansion.

Investigator Resources has secured $10 million through a strategic placement to accelerate development and exploration of its flagship Paris Silver Project, aiming to bring forward silver production and expand drilling across key targets.

Kalgoorlie Gold Mining has secured $2.3 million through strong option exercises, boosting its cash reserves to $5 million and enabling an expanded drilling campaign at its Pinjin Gold Project.

Norfolk Metals appoints mining veteran David Fowler to its board, enhancing expertise for its Chilean Carmen Copper Project, where drilling is halfway complete and assays are awaited. The company is rapidly moving toward full ownership of the project, signaling a pivotal phase in its copper exploration journey.