Latest Fundraising News

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Emu NL has agreed to delay issuing shortfall securities tied to its recent entitlement offer until late October, as the Takeovers Panel continues its review following a challenge by Dronkay Pty Ltd.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Western Yilgarn Limited has raised $698,000 through a share placement to fund exploration and development at its key bauxite-gallium projects, backed by updated resource estimates confirming substantial alumina deposits.

Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.

Anatara Lifesciences has raised $1.2 million through a discounted share placement to fund its Anti-Obesity project and explore new opportunities. The capital injection reflects strong institutional support amid ongoing pipeline development.

Variscan Mines has successfully completed the majority of the second tranche of its $2.5 million capital raise, issuing over 330 million shares and nearly 200 million options to support its zinc-lead project in Spain.

ENRG Elements Ltd has announced a renounceable entitlement offer to raise up to $1.6 million, priced at a 50% discount, to fund gold-focused business development and exploration in Central Asia.

Nexion Group has amended its sale agreement with Pier DC to include cancellation of an increased $1.75 million in Convertible Notes, reflecting recent fundraising. This adjustment marks a key step in the divestment of its Networks and Telecom units.

Rapid Critical Metals Limited has requested an immediate suspension of its ASX securities to finalize a significant capital raising, with trading expected to resume upon announcement or by 17 September.

Jumbo Interactive has inked a five-year SaaS agreement to power RSL Queensland’s Dream Home Art Union lottery, Australia’s largest prize home lottery. This deal marks a strategic shift from reseller to platform partner, reinforcing Jumbo’s leadership in the charity lottery sector.

Asra Minerals has raised $3.25 million to fast-track exploration at its Leonora Gold Projects in Western Australia, targeting high-grade zones and new prospects.