Latest Non Dilutive Funding News

Miramar Resources has received a A$238,456 refundable R&D tax offset for FY2025, supporting innovative exploration techniques at its Whaleshark and Bangemall projects. This non-dilutive funding strengthens the company’s cash position ahead of planned drilling and surveys.

Antipa Minerals has pushed the Fiama North lode to 160 metres strike and 200 metres depth at its Minyari Project, delivering promising gold-copper assay results and advancing a major 41,000-metre drilling campaign.

Anson Resources has secured backing from three Utah congressional representatives for its $85 million Department of Energy grant bids, targeting development of its Green River Lithium Project in Utah.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.

Recce Pharmaceuticals has received a significant A$3.7 million income tax refund from the Australian Taxation Office, strengthening its cash position to approximately A$33.1 million as it prepares for critical Phase 3 clinical milestones.

IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.

BCAL Diagnostics has locked in an additional $4.9 million under its existing convertible note facility alongside a $1.4 million R&D tax offset tranche, reinforcing its funding runway into FY2027 for early cancer detection test development.

Nexsen has locked in over $1.5 million in non-dilutive funding through a national research partnership, accelerating manufacturing scale-up and platform optimisation for its rapid diagnostics technology.

Alliance Nickel has pushed out the maturity of its unsecured loans by a year to June 2027, increasing the interest rate from 12% to 13%. This move provides ongoing funding as the company advances strategic discussions around its NiWest nickel-cobalt project.

Everest Metals Corporation (ASX: EMC) has completed a 3,078m grade control drilling program at its Mt Dimer Taipan Gold Project, delivering multiple high-grade gold intersections and advancing mining operations ahead of a resource update targeted for Q3 2026.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.