Latest Investor Confidence News

Sunrise Energy Metals has addressed ASX concerns over recent share price volatility, confirming no undisclosed material information beyond announced scandium assay results. An updated Mineral Resource Estimate and Feasibility Study for the Syerston project are expected imminently.

Marimaca Copper has raised A$80 million through a brokered placement to fund detailed engineering and exploration at its flagship Chilean projects, signaling strong investor confidence.

EMU NL has announced a $1.83 million non-renounceable entitlement offer to fund exploration at its Georgetown and Badja projects, while facing potential board upheaval at an upcoming general meeting.

Xamble Group Limited’s XGLO securities have been suspended from trading pending compliance with ASX listing rules, raising questions about the company’s regulatory standing.

4DS Memory Limited has had its trading suspension lifted following an important announcement about its collaboration with development partners to chart the future of its technology beyond 2025.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer, reinforcing confidence in its Costa Fuego copper-gold project and funding critical next-phase development activities.

Evolution Energy Minerals has announced that its recent entitlement offer is now fully underwritten by Mahe Capital, with key directors participating as sub-underwriters, removing previous minimum subscription conditions.

Boom Logistics has confirmed the resignation of former CEO Ben Pieyre following investigations into his unauthorised use of company funds, with losses estimated under $1 million and ongoing inquiries underway.

Great Divide Mining has successfully raised $1.335 million through convertible loan notes, signaling strong investor confidence as it advances the Challenger Gold Mine joint venture.

Conico Limited has had its ASX trading suspension lifted immediately following an announcement detailing its capital raising and exploration plans, signaling renewed investor interest.

Peregrine Gold Limited has raised $3 million through a share placement to accelerate exploration at its Newman and Mallina projects in Western Australia, bolstered by strong institutional support.