Latest Working Capital News

MetalsTech Limited has raised A$3.3 million through strategic placements to fund the advancement of its Sturec Gold Mine Pre-Feasibility Study, which shows strong economic potential with a US$768 million NPV. The company is progressing metallurgical testing and ore sorting technology to enhance project value.

Patrys Limited has completed a modest capital raise and restructured its leadership as it advances its deoxymab antibody program, with a larger entitlement offer announced to fund clinical development and business growth.

Ragusa Minerals has completed a $427,200 capital raise as it reviews new project opportunities to complement its Burracoppin rare earth and kaolin assets. The company also ended key agreements and maintains a lean cash position heading into the next phase.

Octava Minerals has secured a binding agreement to acquire the Federation Cu-Zn-Ag Project in Tasmania, reported promising bioleaching test results at its Byro REE-Li Project, and raised $1.5 million to fund exploration and working capital.

Australian Agricultural Projects Ltd has completed its 2025 harvest with a record 752,600 litres of high-quality extra virgin olive oil, setting the stage for improved cash flows and strategic restructuring.

Mount Burgess Mining advances metallurgical test work at its Nxuu deposit, navigates leadership changes, and pursues a significant legacy debt extinguishment as it refines its strategic focus.

New World Resources has locked in a US$6.5 million unsecured loan from Kinterra to advance its Antler Copper Project and support a pending takeover bid. The funding aims to cover critical permitting, land acquisition, and transaction costs.

EQ Resources has locked in a US$7.5 million royalty funding agreement with Oaktree Management, aimed at expanding and enhancing its Barruecopardo tungsten project in Spain. This deal strengthens the company’s balance sheet and supports critical capital projects to increase production capacity.

Manhattan Corporation has raised $2.2 million through a discounted share placement to fund key exploration activities at its newly acquired Hook Lake Project, backed by a $1 million cornerstone commitment.

VHM Limited has secured a crucial mining licence for its Goschen Rare Earths and Mineral Sands Project, alongside key domestic and international partnerships and a successful $8.6 million capital raise.

Kalamazoo Resources retains 100% ownership of its 1.44 million ounce Ashburton Gold Project and fast-tracks a scoping study amid soaring Australian gold prices. The company aims to unlock significant value from the Mt Olympus Deposit with a targeted study completion in Q4 2025.

Vitasora Health Limited reported a remarkable 226% increase in patient programs and secured an $11 million capital raise, positioning the company for accelerated growth and a path to cash flow breakeven in late 2026.