Latest Working Capital News

Alara Resources (ASX:AUQ) is seeking to raise $3.84 million through a pro-rata non-renounceable entitlement offer, partially underwritten by major shareholder ATI. The funds will primarily support exploration and working capital amid ongoing operational progress at its Oman copper projects.

Tyranna Resources has secured $1.075 million through a discounted share placement and options, aiming to fund exploration and working capital for its Angola projects, including the Chinguar Gold Project.

Taiko Critical Minerals has secured $7 million through a wholesale placement and launched a $3 million Share Purchase Plan to fund key development stages of its Barrytown Minerals Project, including feasibility studies and regulatory approvals.

Marquee Resources (ASX:MQR) is raising just over $1 million through a non-renounceable rights issue priced at half a cent per share, accompanied by free attaching options. The capital raise aims to support ongoing exploration and the recent acquisition of the Tungsten Mountain Project in Nevada.

Identitii has secured a $20 million convertible note facility with The Blackstone Mercantile Group, including a $5 million binding commitment subject to shareholder approval. The funding aims to support growth of the BNDRY platform and strengthen the company’s balance sheet ahead of a planned cashflow breakeven.

Brazilian Critical Minerals (ASX: BCM) has raised around A$10 million through a two-tranche institutional placement to fast-track its Ema Rare Earths Project towards a Final Investment Decision. The capital injection follows a robust Bankable Feasibility Study highlighting Ema's low capital intensity and strategic significance.

Imugene has secured $11.12 million through a placement to advance its allogeneic CAR-T therapy azer-cel after early clinical data showed complete responses in BTKi-resistant lymphoma patients.

Excite Technology Services has increased its capital raising target to $3.5 million by issuing an additional 40 million shares at 0.6 cents each, accompanied by free-attaching options exercisable at 1 cent. Part of the new shares will require shareholder approval at the upcoming AGM.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

Spenda Limited has completed the retail tranche of its $8.545 million entitlement offer, raising $1.15 million at $0.004 per share, with major shareholder Capricorn Society increasing its holding to nearly 20%.

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.

Taiko Critical Minerals secures a conditional NZ$20 million government funding offer to co-finance a NZ$40 million wet separation plant at Barrytown, boosting project credibility and accelerating development plans.