Latest Funding News

High Peak Royalties reported robust cash receipts and successfully repaid its Macquarie Bank facility in the December 2024 quarter, while advancing its geothermal exploration strategy in South Australia.

Dateline Resources Limited’s latest quarterly report reveals a sharp decline in cash reserves, underscoring the company’s urgent need to secure additional funding to sustain its exploration activities.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

NT Minerals reports exceptional copper assay results from its Twin Peaks Project in Western Australia, alongside strategic option agreements that could reshape its Northern Territory portfolio.

Atomos Limited reported a 7% increase in Q2 FY25 sales driven by its core Shinobi II product, but faced margin pressures due to discounting and competitive pricing. The company is finalizing a cost restructure and reviewing funding options to support future growth.

Artemis Resources has secured $4 million in funding to advance drilling at its Karratha Gold Project, following promising high-grade surface sampling and a strategic leadership appointment.

Recce Pharmaceuticals has gained key regulatory and ethics approvals for its Phase 3 clinical trial in Indonesia and completed patient dosing for its Phase II trial, while securing a substantial A$6.75 million R&D tax rebate to bolster its financial position.

Merino & Co’s successful IPO has injected $6.35 million into the company, enabling a strategic expansion of manufacturing capacity and securing a new facility in Western Australia. The company is now poised to scale globally with automated production and enhanced distribution capabilities.

Tungsten Mining NL has secured full ownership of the Hatches Creek project and acquired key assets at Mt Mulgine, reporting promising drilling results that reinforce its position in the tungsten market.

Avenira Limited finalised a $4.5 million strategic investment from Hebang Biotechnology and progressed key development milestones at its Wonarah Phosphate Project, signalling a focused push towards near-term production and long-term growth.

Eastern Metals Limited reports promising high-grade gold and copper mineralisation at its Cobar Project, NSW, alongside new geophysical drill targets identified at the Home of Bullion deposit in the Northern Territory.

Renegade Exploration has reported its best copper drilling results to date at the Greater Mongoose mineralised zone, alongside promising gold assays, reinforcing the potential of its Cloncurry Project in Queensland.