Latest Funding News

MyEco Group has secured $1.6 million through unsecured convertible notes to support a strategic operational restructure aimed at reducing costs and scaling production. This capital raise complements existing cash reserves and aims to improve margins while minimising shareholder dilution.

Carnegie Clean Energy has signed a Memorandum of Understanding with Chugachmiut to explore deploying its CETO wave energy technology in Southcentral Alaska, aiming to provide clean, affordable power to Native communities.

DeSoto Resources is set to commence a major drilling campaign across its dominant landholdings in Guinea’s prolific Siguiri Basin, leveraging historic high-grade gold results and a seasoned exploration team to unlock new discoveries.

Zimi Limited has paused its planned capital raising amid ongoing talks, while revealing strong operational momentum including $1.42 million in open orders and expanded market partnerships.

FOS Capital has acquired Melbourne-based lighting design consultancy Glowing Structures for $700,000, aiming to deepen its footprint in the lighting services sector. The deal includes cash and shares, with Glowing Structures’ founder staying on as Managing Director.

SPC Global Holdings confirms FY2025 pro forma EBITDA guidance of A$29 million, driven by strong early post-merger performance and strategic initiatives including site consolidation and leadership renewal.

HyTerra Limited has confirmed hydrogen concentrations up to 96.1% in its Sue Duroche 3 well in Kansas, reinforcing the potential of its natural hydrogen exploration program. Elevated helium levels were also detected, with further testing planned to assess commercial viability.

Mighty Kingdom Limited has completed its entitlement offer, raising approximately A$475,000 through the issuance of 95 million new shares, yet a significant shortfall remains to be placed with investors.

Platinum Investment Management's Funds Under Management fell to $9.65 billion in April amid market pressures and retail outflows, while a major $958 million institutional mandate termination prompts accelerated cost savings.

Global Uranium and Enrichment Limited has completed a scoping study for its Hansen Deposit in Colorado, revealing strong economic potential through innovative mining and beneficiation methods.

AuMEGA Metals has reported significant gold mineralization from its winter drilling program at the Bunker Hill Project in Newfoundland, revealing a major structure with strong assay results and setting the stage for expanded mid-year diamond drilling.

Mirrabooka Investments Limited has launched a $85 million non-renounceable entitlement offer at $3.06 per share, inviting eligible shareholders to increase their holdings with a top-up facility. The offer aims to bolster the company’s investment capacity amid evolving market conditions.