Latest Funding News

FirstWave Cloud Technology reported a mixed Q3 FY25 with declining cash reserves and ARR but secured a strategic AWS-funded partnership to accelerate cloud service adoption.

Carnegie Clean Energy has advanced its ACHIEVE Programme with a key contract for CETO deployment at the Basque Marine Energy Platform, securing milestone payments exceeding €1.5 million and launching a new Investor Hub to enhance shareholder engagement.

MedAdvisor Limited reports a steep decline in 3Q FY25 revenue, driven by US market challenges, while accelerating cost-cutting and reaffirming full-year guidance.

QPM Energy reports a substantial 61% upgrade in Moranbah Gas Project reserves to 435PJ, successfully integrates Moranbah Power Station operations, and begins overhaul of Townsville Power Station, navigating weather disruptions and contract renewals.

Novonix Limited advances its synthetic graphite production with Riverside commissioning and a new Chattanooga plant site, while winning a preliminary US trade case against Chinese imports and appointing Michael O’Kronley as CEO.

Comet Ridge Limited reports significant progress on its Mahalo Gas Hub project, with upstream and pipeline FEED studies advancing, robust pilot production at Mahalo East, and active negotiations on gas sales and funding arrangements.

Hawk Resources has identified eight promising copper-gold targets at its Cactus project in Utah, supported by geophysical data and soil assays, while advancing its exploration funding and drilling plans.

Legacy Minerals has significantly upgraded its Drake Project resource to 0.8 million ounces gold-equivalent and reported a robust Stage 1 Scoping Study, setting the stage for potential production growth. Exploration momentum continues across its NSW portfolio with ongoing drilling and geophysical surveys.

Arizona Lithium advances its Prairie Project with a pioneering commercial development plan for lithium brine extraction, regulatory approvals, and a $1.3 million capital raise to fund initial production.

Tolu Minerals has raised A$27.25 million through a placement to fund extensive exploration and refurbish its Tolukuma Gold Mine in Papua New Guinea, signaling a strategic push towards early gold production.

Norwest Minerals Limited has launched a $4.85 million entitlement offer to fund an aggressive drilling campaign and mining option review at its Bulgera Gold project, aiming to significantly expand its gold resource amid soaring gold prices.

Askari Metals has raised $750,000 through a placement to advance its tin, tantalum, and gold projects in Namibia and Ethiopia, positioning itself for growth in African mineral exploration.