Latest Fundraising News

Jayride Group Limited reports a reduced quarterly loss and secures fresh capital, yet faces ongoing uncertainty over its ability to continue as a going concern during its ASX reinstatement process.

Native Mineral Resources Holdings has locked in a $3 million convertible note raising from Lind Global Fund III LP, with the option to access up to $10 million. The funding aims to bolster working capital and support growth in the Charters Tower region.

Biotron Limited has closed its non-renounceable rights issue, raising $645,861 to advance its Hepatitis B virus drug development, with a shortfall commitment from Peak Asset Management still pending.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

MetalsGrove Mining has raised $2.7 million through an oversubscribed placement to kickstart exploration at its Central West Gold Project in Côte d’Ivoire, aiming to unlock value in a prolific gold belt.

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

PTR Minerals has successfully raised $12 million through a share placement to accelerate development and exploration at its Rosewood Titanium and Muckanippie Heavy Mineral projects in South Australia.

Atlantic Lithium has secured £3 million through two share placements with Long State Investments, issuing new warrants and security shares to strengthen its financial footing ahead of Ghana's first lithium mine development.

Osteopore Limited has drawn an additional A$250,000 under the first tranche of its redeemable convertible notes, continuing its steady capital raise to support growth and innovation.

Eagle Mountain Mining Limited has lodged a prospectus for a non-renounceable entitlement offer to raise up to A$1.98 million, supporting exploration and development of its copper-gold projects in Arizona, USA. The offer includes attaching options and follows a recent $1.66 million placement.

Kore Potash has raised approximately US$12.2 million through a new share issue to fund critical project payments and maintain working capital for the next year. The fundraise also opens the door for major shareholders to increase their stakes, pending approvals.