Latest Funding News

La Trobe Financial Asset Management has launched a Distribution Reinvestment Plan (DRP) for its Private Credit Fund, offering unitholders a streamlined way to reinvest cash distributions into additional units without brokerage fees.

Element 25 Limited advances its global manganese strategy with a $50 million loan for its Butcherbird Mine expansion and a $166 million US Department of Energy grant for a Louisiana battery-grade manganese refinery.

Sayona Mining Limited and Piedmont Lithium Inc. have agreed to merge, creating a leading North American lithium producer with complementary assets and a balanced ownership structure. The merger, subject to regulatory and shareholder approvals, aims to unlock significant synergies and strengthen the combined company’s financial position.

New Murchison Gold Limited has had its trading suspension lifted following key approvals for its Crown Prince gold project and a related capital raising announcement.

Develop Global Limited has launched a A$180 million equity placement to fast-track production and extend mine life at its Woodlawn and Sulphur Springs projects, positioning itself as a leading copper and base metals player on the ASX.

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.

Reedy Lagoon Corporation has identified several promising gold exploration targets at its Burracoppin Project in Western Australia, leveraging detailed magnetic surveys and extensive soil sampling. The company plans to advance to drilling after securing necessary permits and agreements.

Turaco Gold Limited invites eligible Australian and New Zealand shareholders to participate in a $4 million Share Purchase Plan at $0.44 per share, following a recent $60 million institutional placement. The discounted offer aims to fund exploration and development at the Afema Gold Project.

Solstice Minerals has completed a 20-hole aircore drilling program at its Edjudina Range gold discovery in Western Australia, targeting a gold mineralisation zone over 1km long. Assay results are pending and will guide further resource-defining drilling.

Tempest Minerals has completed its entitlement and shortfall offer, raising approximately $1.47 million to fund exploration projects in Western Australia.

The Star Entertainment Group is asking shareholders to approve a $400 million strategic investment package critical to its survival, involving convertible notes from Bally's and its largest shareholder. This move aims to secure the company’s future amid ongoing legal challenges and financial strain.

Future Battery Minerals has identified a significant 1.75km gold anomaly at its Miriam Project in Western Australia, setting the stage for a promising drilling campaign starting in July 2025.