Latest Working Capital News

Butn Limited has raised $20 million through a $10 million equity placement and a $10 million credit facility, positioning the fintech for expanded growth in SME funding.

West Wits Mining has raised approximately A$14.36 million through a share placement to fund production at its Qala Shallows gold project and increase its ownership in the Witwatersrand Basin Project to 74%.

Hazer Group has raised A$8 million through a share placement and launched a A$2 million Share Purchase Plan to accelerate its clean hydrogen and graphite technology commercialisation.

Zenith Minerals has launched a fully underwritten $3.5 million entitlement offer to fund drilling at its key gold projects in Western Australia and Queensland, aiming to expand mineral resources and advance exploration.

BluGlass Limited has extended its Share Purchase Plan closing date to June 18, 2025, securing an extra $1.5 million in institutional commitments to accelerate production of its gallium nitride lasers.

Harvest Technology Group’s CEO, Ilario Faenza, has stepped in with a $500,000 unsecured loan to support the company’s working capital, highlighting ongoing liquidity management efforts.

Enlitic, Inc. has launched a A$10 million placement alongside an offer of 125 million unquoted options, aiming to fuel growth in its AI-driven healthcare technology business. The move underscores both funding ambitions and the complex risks tied to AI adoption and market dynamics.

Cobre Limited has announced a fully underwritten loyalty options offer to raise approximately $1.18 million, offering eligible shareholders one new option for every three shares held at $0.008 each. The new options carry an exercise price of $0.066 and expire in November 2028.

Cobre Limited has secured $500,000 through a placement and is now launching a fully underwritten Loyalty Options Rights Issue to raise approximately AU$1.18 million, supporting its capital-light, catalyst-rich copper exploration strategy in Botswana.

Ioneer Ltd has raised approximately US$16 million through a strongly supported placement to advance its Rhyolite Ridge Lithium-Boron Project, complemented by a Share Purchase Plan targeting an additional US$3.3 million. This funding is pivotal for progressing environmental permitting, project readiness, and strategic partnerships.

AdAlta Limited has successfully placed the remaining shortfall in its renounceable rights issue, raising a total of $1.3 million to advance its cellular immunotherapy pipeline. The company also addressed an administrative breach involving director share allocations, ensuring compliance with ASX rules.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.