Latest Strategic Capital Raising News

Lachlan Star has secured a 90% stake in the New Waverley gold project, confirmed high-grade gold mineralisation, and launched a maiden diamond drilling program. A recent $7.47 million placement will accelerate exploration efforts in Western Australia’s Norseman district.

Metallium Limited has marked a pivotal quarter with over 40 Flash Joule Heating campaigns completed and a strategic capital raise boosting cash reserves to A$82 million. The company is gearing up for multi-reactor operation at its Texas campus, underpinned by long-term agreements with Indium Corporation and Glencore.

Alliance Nickel Limited (ASX:AXN) has launched a non-renounceable entitlement offer to raise approximately A$4.15 million, aiming to fund capital cost optimisation for its NiWest Nickel-Cobalt Project and support general working capital.

Lindian Resources has raised A$100 million through an institutional placement, fully funding its Kangankunde Stage 1 project and accelerating Stage 2 expansion alongside downstream processing integration.

Count Limited has successfully raised $35.9 million through an institutional placement to partially fund its acquisition of Oracle Group Ltd, while also launching a $5 million Share Purchase Plan for existing shareholders.

Red Sky Energy is set to raise up to $5.2 million through a placement and rights issue to fund its participation in a Santos-operated drilling program in South Australia’s Innamincka Dome. The capital raise aims to accelerate near-term production and cash flow from existing and new wells.

Impact Minerals has raised A$2 million through a strategic placement to advance its High Purity Alumina project and explore new industrial minerals opportunities in Western Australia.

Syrah Resources has successfully closed its institutional entitlement offer, securing A$44 million at a share price of 10.5 cents, with the retail offer now open to shareholders. This capital raise aims to strengthen the company’s financial position as it advances its graphite and anode material operations.

1414 Degrees has raised $2.69 million to accelerate its clean energy storage technologies, targeting the booming global data centre market and industrial energy users.

Weebit Nano has launched a significant A$80 million institutional placement, alongside additional funding initiatives, to accelerate its ReRAM technology leadership and broaden AI-related offerings.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.

ActivEX Limited has completed a $393,505 share placement, issuing nearly 20 million shares at 2 cents each, with funds earmarked for advancing exploration projects and supporting working capital.