Latest Capital Raises News

PolarX Limited's trading suspension has been lifted immediately following its announcement of a new capital raising, signaling renewed market activity for the mining explorer.

PolarX has raised $5 million through a share placement to ramp up exploration at its Humboldt Range Gold Project in Nevada, complementing a major joint venture with Northern Star Resources in Alaska.

EMU NL has announced a non-renounceable entitlement offer to raise approximately $1.83 million to fund exploration at its Georgetown and Badja projects, while facing significant governance challenges ahead of a pivotal shareholder meeting.

M3 Mining Limited has raised $2.25 million through a share placement to fund exploration at its Victorian projects and pursue strategic acquisitions, signaling a renewed focus under new leadership.

Rewardle Holdings has cleared a major compliance hurdle by releasing its preliminary report, spotlighting its strategic investment in cardiac MedTech firm CloudHolter and ongoing B2B2C platform development.

Rewardle Holdings reported a modest revenue increase for FY25 but saw its loss more than double, driven by investments in AI-powered MedTech associate CloudHolter and expanded platform initiatives.

Coda Minerals has announced a fully underwritten $8.33 million entitlement offer to fund the pre-feasibility study of its Elizabeth Creek Copper-Silver Project, offering shareholders a discounted entry price with attaching options.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Metal Powder Works Limited has completed a A$15 million institutional placement, strengthening its balance sheet to scale production and expand its market presence.

Marimaca Copper has successfully raised A$80 million through a strongly supported placement, positioning the company to advance exploration and development at its flagship Chilean copper projects.

Victory Metals has identified multiple ultra-high heavy rare earth oxide zones at its North Stanmore project, positioning it as a key future supplier amid soaring global prices. The company plans a major drilling campaign to expand these valuable zones while reducing processing volumes and costs.

Anson Resources has begun earthworks to re-establish the drill pad at its Mt Fuel-Skyline Geyser well in Utah, aiming to enhance lithium resource estimates at the Green River Lithium Project.