Latest Investor Confidence News

Piche Resources Limited reported a solid cash position for Q1 2025, underpinned by a significant AUD 9.14 million equity raise and a closing cash balance of AUD 5.8 million. Despite ongoing operating outflows, the company’s funding runway remains robust, offering a comfortable buffer for its exploration activities.

betr Entertainment has successfully raised $130 million through a fully underwritten equity offer priced at a 13.7% premium, underpinning its strategic acquisition of PointsBet and positioning for growth in the Australian wagering market.

Minerals 260 Limited has completed a transformative $220 million capital raise alongside acquiring the Bullabulling Gold Project, positioning itself as a significant gold developer with a 2.3 million ounce resource. The company has launched an extensive 80,000-metre drilling program to unlock further resource potential.

AustChina Holdings has completed a strategic placement raising $412,500 to fund exploration of newly acquired gold and antimony prospects in Tasmania, marking a key step in its resource expansion strategy.

Perpetual Resources has raised $500,000 through a strongly supported placement to fund its maiden lithium drilling campaign at the Igrejinha Project in Brazil, following high-grade assay results that have boosted investor confidence.

Vintage Energy secures a $551,500 equity commitment from PURE Resources Fund, propelling its Production Uplift Program aimed at significantly increasing gas output from the Cooper Basin.

Inca Minerals has secured over 94% ownership of Stunalara Metals, gaining access to the promising Hurricane Project in North Queensland. With an oversubscribed $1.1 million capital raise, maiden drilling is set to begin in Q2 2025, targeting high-grade gold and antimony mineralisation.

Tesoro Gold Limited reported a challenging first quarter with significant cash outflows but has secured a substantial $11.1 million funding commitment to support ongoing exploration and operations.

Kalamazoo Resources has secured $800,000 through a share placement to fund critical due diligence at its Ashburton Gold Project and advance exploration across multiple Victorian and Western Australian sites.

Renergen Limited reported a near doubling of revenue driven by increased LNG production and prices, yet its loss after tax more than doubled due to commissioning costs and higher depreciation. The company has begun commercial liquid helium sales and is navigating funding challenges and ongoing litigation.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

Predictive Discovery Limited has reported robust drilling results at its Bankan Gold Project in Guinea, alongside key environmental approvals and a strategic A$69 million capital raise, positioning the company for accelerated development.