Latest Strategic Capital Raising News

Critical Minerals Group (CMG) has made significant strides in its vanadium battery energy storage solutions and upstream mine development, supported by a $2.7 million entitlement offer. The company is targeting delivery of vanadium flow battery projects by 2026 amid growing demand for long-duration energy storage in Australia.

xReality Group delivered a strong Q4 FY25 with $4.7 million in cash receipts, driven by growth in its Operator XR enterprise software and entertainment divisions, alongside a $2 million placement to institutional investors supporting international expansion.

Blue Star Helium has raised A$4.5 million through a strategic institutional placement to fund the final stages of its Galactica helium project, aiming for production by late 2025.

GBM Resources has raised $13 million through a two-tranche placement, repaid $6.2 million in convertible debt, and completed a significant board restructure to accelerate exploration at its Drummond Basin gold projects.

Cosmo Metals has raised $2 million through a strategic placement to fast-track exploration at its promising NSW gold, antimony, and copper projects, with maiden drilling set to begin this quarter.

Native Mineral Resources Holdings Limited reported significant cash outflows in its June quarter, offset by a recent $10 million share placement aimed at supporting its Blackjack Milling gold project development.

Yugo Metals Limited progresses its Petrovo exploration project amid promising historical drill results, completing a $0.4 million placement and announcing key board changes.

Krakatoa Resources is set to begin its first drilling campaign at the Zopkhito Antimony-Gold Project in Georgia, backed by a recent $1.66 million capital raise to fund exploration and resource conversion efforts.

Cambium Bio has raised A$2.12 million through a fully subscribed placement led by Taiwanese institutional investor Da Jyun Capital, supporting the initiation of pivotal Phase 3 trials for its lead ophthalmology candidate.

Locate Technologies reported a 5% revenue increase for FY25, driven by strong growth in its Locate2u platform, while Zoom2u faced revenue headwinds. The company also expanded its Bitcoin holdings and raised $2.5 million in capital.

Trinex Minerals has completed a significant capital raise and board restructure during the June 2025 quarter, positioning itself for renewed focus on lithium exploration in Australia and Canada.

Iceni Gold Limited reported its most significant quarter yet at the 14 Mile Well Gold Project, delivering high-grade gold intersections along the Guyer Trend and securing a $2.5 million oversubscribed placement to fund ongoing exploration.