Latest Working Capital News

DY6 Metals has raised A$4.625 million through a placement to accelerate exploration of its rutile projects in Cameroon, alongside appointing industry veteran Cliff Fitzhenry as CEO to lead the charge.

ikeGPS has successfully raised A$18 million through a fully underwritten placement, supported by strong investor demand, and is launching a A$2 million share purchase plan to fund new product development and strategic initiatives.

Polymetals Resources Ltd has successfully completed a $15 million equity raise to replace debt and support the production ramp-up at its Endeavor Mine in New South Wales.

Bio-Gene Technology Limited has announced an offer of over 95 million Placement Options to investors and its Lead Manager, contingent on shareholder approval at an upcoming extraordinary general meeting. If exercised, these options could inject approximately $3.8 million into the company.

Top Shelf International Holdings is set to raise up to $10 million through convertible notes to support a strategic business restructure and operational improvements, alongside forging a key sales partnership with Amber Bev.

Mithril Silver and Gold Limited has arranged a placement to raise up to C$11.5 million, aiming to accelerate exploration at its Copalquin project in Mexico’s prolific Sierra Madre Trend.

RooLife Group has agreed to sell its Australian digital marketing subsidiary CHOOSE Digital for $356,500, marking a strategic pivot towards high-margin international product sales.

RBR Group Limited has launched a Share Purchase Plan to raise up to $650,000, offering eligible shareholders shares at a notably low price of $0.001 each. The funds will support a joint venture, repay convertible notes, and bolster working capital.

Moab Minerals has raised $141,000 through a share placement and secured a $500,000 loan from European Lithium to fund exploration and working capital, underscoring strong shareholder support.

Ausgold Limited has raised A$35 million through a well-supported placement to accelerate its Katanning Gold Project in Western Australia towards a final investment decision.

Aguia Resources has locked in $2.687 million in loan commitments, including a $500,000 stake from its Executive Chairman, to fund ongoing mine development and exploration in Colombia. The loans feature convertible terms and options issuance, pending shareholder and ASX approvals.

Mindax Limited has raised $1.6 million through a discounted share placement to fund development and exploration activities at its Mt Forrest Iron Project and gold assets.