Latest Funding News

Locate Technologies Limited has raised $316,500 by issuing 2.4 million shares to Novus Capital under its At-the-Market Facility, aiming to bolster its balance sheet amid ongoing growth in last-mile delivery technology.

Galileo Mining reports promising palladium and platinum assay results from aircore drilling at its Norseman project, reinforcing potential for new discoveries along the Mission Sill trend. Follow-up drilling is planned to expand on these encouraging findings.

EMVision Medical Devices has secured a $5 million non-dilutive government grant to accelerate global commercialisation of its innovative First Responder portable brain scanner, aimed at revolutionising pre-hospital stroke and brain injury care.

Somerset Minerals reports outstanding high-grade copper and silver assay results from its maiden surface sampling at the Coppermine Project, Nunavut, setting the stage for a fully funded maiden drill campaign starting in July 2025.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold deposit, confirming a short-life, high-grade open pit opportunity with strong financial prospects. The study, based largely on Measured and Indicated Resources, sets the stage for commercial negotiations with Gold Fields and potential near-term production.

Latitude 66 Limited’s maiden reverse circulation drilling at the K6 Prospect in Finland confirms a 2.5km mineralised gold-cobalt trend, demonstrating both promising exploration potential and a new efficient drilling method for the region.

Resouro Strategic Metals’ Tiros Project in Brazil has been selected for a major Brazilian government funding initiative aimed at advancing critical mineral production. This endorsement could accelerate the project’s development and bolster its role in the clean energy transition.

Adisyn Ltd has successfully completed a key R&D program on low-temperature graphene deposition, earning full approval and final payment of a $520,000 grant from the Israel Innovation Authority. This milestone validates its cutting-edge semiconductor technology aimed at revolutionizing AI and high-performance computing.

E79 Gold Mines has significantly increased its Mountain Home Project footprint in the Northern Territory, acquiring nearly 500 square kilometres of mineral rights and gearing up for a government-backed exploration push in 2025.

Marimaca Copper has successfully closed the second tranche of a US$17.7 million private placement, bolstering funds to advance its flagship copper project in Chile. This capital injection marks a significant step in progressing the Marimaca Copper Project’s feasibility and exploration activities.

Globe Metals & Mining announces the resignation of CEO Paul Smith and appoints CFO Charles Altshuler as Interim CEO, who will retain his CFO duties while steering the company forward.

Dundee Precious Metals has agreed to acquire Adriatic Metals in a recommended £924 million share and cash offer, valuing Adriatic at approximately US$1.25 billion and delivering a premium of over 47% to recent trading prices.