Latest Fundraising News

Premier1 Lithium has successfully closed an oversubscribed renounceable entitlement offer and follow-on placement, raising over $2.17 million to fund exploration at its key Western Australian projects.

Piche Resources Limited has voluntarily suspended trading of its shares pending a crucial update on its capital raising efforts, expected by early next week.

Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.

Infinity Mining Limited reported a net cash outflow of A$143,000 for the September quarter, with cash reserves dwindling to A$30,000. The company is pursuing cost-saving measures and an imminent capital raising to secure its short-term future.

Victor Group Holdings reported $1.475 million revenue from cloud services in China but faced a $523,000 negative cash flow due to upfront project costs, with management expecting a turnaround next quarter.

Heavy Minerals Limited is finalising its Port Gregory Garnet Project Pre-Feasibility Study with a report due in November 2025, while advancing a promising industrial minerals project towards a binding agreement expected this quarter.

European Lithium Limited reports robust quarterly progress highlighted by significant share sales raising over A$187 million and exceptional rare earth drilling results at its Greenland Tanbreez Project.

Omni Bridgeway reported a strong start to FY26 with A$136.6 million in cash investment proceeds and a robust pipeline of nearly A$318 million in potential new commitments. The company also settled a long-standing legal liability and is progressing well with fund capital raising.

Entertainment Rewards Ltd reported a 2.2% revenue increase in Q1 FY26, driven by strong membership growth and Card Linked Offers, while securing an additional $3 million loan to support its strategic initiatives.

Dundas Minerals advances its gold exploration with AI-driven targeting at the vast Gerry Well Greenstone Belt, appoints new Managing Director Jonathan Downes, and secures $1.12 million in fresh funding.

Jumbo Interactive has completed its strategic entry into the US prize draw market by acquiring Dream Giveaway for A$55.4 million, aiming to leverage its digital expertise to fuel growth in a large, underpenetrated market.

Corazon Mining reported a challenging cash flow quarter ending September 2025, with net outflows in operating and investing activities, but secured a $2 million capital raise to support ongoing exploration.