Latest Funding News

Noronex Limited reports robust copper-silver assay results from its Fiesta Project drilling in Namibia, revealing extensive mineralisation over 4.5 kilometres and promising new step-out intercepts. The company advances towards a potentially transformative copper discovery in the Kalahari Copper Belt.

Stavely Minerals is progressing exploration at its Western Victoria copper-gold project, initiating a ground IP survey at the S41 gold prospect and confirming high-grade copper-silver mineralisation at the Junction discovery through recent drilling.

Centuria Funds Management Limited reports a stable quarter for its Centuria Capital No. 2 Fund (C2F), with no compliance breaches or adverse financial events in Q2 FY25. The fund’s secured notes remain fully supported by first-ranking security interests, underscoring operational resilience.

Wellnex Life has negotiated a delayed and reduced-cost payment arrangement for its Pain Away acquisition, aligning with its upcoming London Stock Exchange dual listing plans. The move supports the company’s growth momentum following record revenues from Pain Away.

Centrex Limited has announced a $10.4 million entitlement offer to eligible shareholders, aiming to strengthen its financial position and support ongoing operations at the Ardmore phosphate mine. The offer is critical amid recent debt restructuring agreements with Aurizon and NAB.

Andean Silver Limited reports robust drilling results from its Cerro Bayo project, revealing new high-grade mineral zones and expanding its tenement holdings. The company has mobilized a third drill rig and launched a major geophysical program, setting the stage for multiple resource updates in 2025.

88 Energy Limited reports solid progress in its Alaskan oil projects with key joint venture partner Burgundy reaffirming commitment, alongside strategic acreage expansion and operational cost reductions.

Hazer Group has successfully completed its Commercial Demonstration Plant program ahead of schedule, validating its methane pyrolysis technology and securing significant funding to accelerate commercialisation in 2025.

Activeport has successfully closed a $6.1 million capital raise, including a significant placement to new institutional investor MWP Partners, positioning the company for accelerated growth in the global telecommunications and data centre software markets.

Golden State Mining's December Quarterly Report reveals promising exploration progress with three new gold target areas identified near the 11.2Moz Hemi deposit, alongside encouraging assay results from Canning Hill and planned drilling at Southern Cross East.

Boab Metals has locked in a US$30 million prepayment facility with Trafigura for its Sorby Hills Lead-Silver-Zinc Project and received key environmental approvals, setting the stage for a final investment decision in the second half of 2025.

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.