Latest Working Capital News

Alice Queen Limited (ASX – AQX) is set to raise $1 million through a two-tranche share placement accompanied by free-attaching options, alongside a bonus loyalty option offer to existing shareholders.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Maggie Beer Holdings has raised $3 million through a placement to Frisden Pty Ltd, linked to Maurice Crotti AO, and plans a $2 million rights issue to shareholders at the same discounted price.

Westar Resources has secured $1.5 million through a heavily discounted share placement aimed at funding exploration and new project due diligence. The capital raise involves issuing 300 million shares, including participation from company directors.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Austral Resources Australia has locked in $40 million through a discounted share placement, setting the stage for its ASX reinstatement and ambitious expansion in Queensland's copper belt.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.

Latrobe Magnesium Limited has announced a fully underwritten $10 million equity raise through a $6 million placement and a $4 million rights issue to fund its magnesium production expansion. The capital will support the commissioning of its Demonstration Plant and advance plans for a 10,000 tonne commercial facility.

Theta Gold Mines has secured an additional US$6 million from cornerstone investors and converted outstanding convertible loans into shares and options, reinforcing its balance sheet as it advances the TGME Gold Project in South Africa.

Tasman Resources has raised $2 million through a two-tranche placement to fund a promising drilling campaign at Parkinson Dam and broaden its project portfolio, alongside appointing a new director to steer its strategic ambitions.

Lithium Universe Limited has raised $2.5 million through a placement to advance its lithium refinery in Québec and innovative solar panel recycling technology. The funding highlights investor confidence in the company’s dual strategy to close North America’s lithium supply gap and pioneer sustainable metal recovery.

Pure Hydrogen Corporation has locked in a $2.5 million loan facility to accelerate its clean energy vehicle rollout, aiming to capitalise on a growing sales pipeline in Australia and the US.