Latest Share Placement News

Corella Resources has issued 205 million shares raising $2.46 million to fund its Chobe Project acquisition and working capital, with a second tranche and attaching options pending shareholder approval.

Zimi Limited secures A$1.4 million via a discounted share placement, including director participation, to fund manufacturing and sales expansion.

Breakthrough Minerals (ASX:BTM) has secured A$5.15 million through a placement to fund a substantial expansion of its drilling program at the North Queensland Copper-Gold Project, aiming to grow its resource base beyond 200,000 tonnes of contained copper equivalent.

Athena Resources is raising $3.5 million through a discounted share placement backed by major investors to fast-track drilling and feasibility at its Narryer magnetite project.

Temas Resources has appointed VECTOR Advisors to enhance its investor relations amid ongoing development of its Regenerative Chloride Leach technology and critical minerals projects in Quebec.

Key Petroleum Ltd has wrapped up the last 3% tranche of its share placement, raising nearly $59,000 and exhausting its 15% ASX placement limit. The fresh capital is earmarked for asset acquisitions, development, and working capital.

Prominence Energy has secured $1.56 million through a discounted share placement to fund key technical work and licence approvals at its Gawler Helium and Hydrogen Project, positioning the company for upcoming exploration milestones.

RBR Group has secured $365,000 in a share placement led by major shareholder Paul Natoli to fund tender activities in Mozambique and strengthen its balance sheet amid ongoing project opportunities.

Prairie Lithium has moved Pad #1 from groundwork to active building construction, backed by SaskPower's powerline installation and a binding Hydro Lithium offtake agreement that includes a A$10 million equipment contribution. First production is targeted for Q4 2026.

Godolphin Resources has raised A$2.5 million through a discounted share placement to fund a 2,500m diamond drilling program and metallurgical test work at its Lewis Ponds project, aiming to expand its JORC resource and advance development.

Sarytogan Graphite Limited has received $1.4 million from the European Bank for Reconstruction and Development, boosting funds for its Definitive Feasibility Study and advancing its strategic graphite project in Kazakhstan.

Oceana Metals is set to transform its portfolio with the acquisition of the Serra Negra rare earths and niobium project in Brazil, backed by a $20 million placement to fund aggressive exploration.