Latest Non Dilutive Funding News

Bayan Mining has agreed to sell its Bayan Springs North Project in Nevada to Sun Silver for up to A$800,000, retaining a 1.0% royalty and securing non-dilutive funding to focus on rare earths development.

Anson Resources has secured the initial tranche of a AUD 7.2 million facilitation fee from POSCO, advancing the Green River Lithium Project’s Direct Lithium Extraction demonstration plant in Utah.

Antares Metals (ASX: AM5) has secured approval to begin heritage surveys and drilling at its Quinns VMS project in Western Australia, backed by $237,500 in government co-funding. The company aims to test high-grade extensions of the historic Austin deposit and untested regional prospects, with copper prices rising sharply since the last resource estimate.

Firebird Metals has achieved a key milestone under the ARENA Battery Breakthrough Initiative, unlocking a A$1 million non-dilutive payment and progressing site development for its Australian Demonstration Plant in Perth.

Dimerix has acquired DMX-652, a Phase 2-ready oral drug candidate targeting acute kidney injury, expanding its renal disease portfolio. The acquisition includes patent rights, an FDA-approved trial protocol, and funding to initiate clinical development.

29Metals reported a mixed June quarter with lower copper but higher zinc production at Golden Grove, steady safety metrics, and ongoing development progress including Xantho Extended mining restart and Gossan Valley first ore on track. Capricorn Copper's restart hinges on regulatory approval and a definitive feasibility study due by year-end.

Eminence Minerals has finalised the sale of its Mata da Corda Project in Brazil for USD 2 million, reinforcing its cash position to approximately AUD 5.4 million and sharpening its focus on priority exploration assets.

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.