Latest Funding News

Vintage Energy reported a modest decline in quarterly sales revenue and production but strengthened its cash position through a fully subscribed capital raising and strategic asset sale agreement. The company also initiated a promising feasibility study on a CO2 liquefaction plant at Nangwarry.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.

BluGlass Limited has secured its first order from the Indian Department of Defence and reported a significant 16% improvement in visible laser efficiency, alongside raising $7.6 million to support growth.

G11 Resources advances its Wilandra copper exploration with new geophysical surveys and strategic board appointments, while seeking NSW government co-funding for deeper drilling.

Adelong Gold Limited has achieved its first gold pour at the Challenger Gold Mine in NSW and completed a key drilling program at its Apollo Gold Project in Victoria, while acquiring the high-grade Lauriston Gold Project to bolster its exploration portfolio.

Rimfire Pacific Mining confirms Currajong as a standout scandium prospect with strong drill results and secures $3.5 million in fresh equity to advance exploration and working capital. The company also strikes a $700K option deal for its Cowal Copper Gold Project amid ongoing legal challenges.

Thor Energy has reported significant progress in its natural hydrogen and helium exploration at the HY-Range Project, alongside strategic licence acquisitions and leadership changes. The company also signed a term sheet to sell a majority stake in its US uranium assets.

Hudson Investment Group is actively exploring sale and joint venture options for key properties while managing a negative operating cash flow, supported by recent vendor finance receipt.

dorsaVi has acquired exclusive global rights to advanced RRAM technology, promising major performance gains in its biomedical sensors, while securing key contracts and raising $2.44 million to fuel US market growth.

Acrux Limited reports promising revenue growth driven by new topical generic launches in the US and secures crucial RDTI funding, marking a strategic shift under new CEO John Warmbrunn.

Lakes Blue Energy has secured $6.5 million in new capital and is set to begin drilling the Wombat-5 gas well, targeting near-term supply to Victoria’s east coast market. Meanwhile, its Nangwarry carbon dioxide project moves forward with a fully funded feasibility study.

Solis Minerals has kicked off diamond drilling at its Chancho al Palo copper-gold project in Peru, revealing promising visual mineralisation including visible gold, while advancing permits and funding to support further exploration.