Latest Capital Raises News

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

Oceana Lithium Limited has successfully raised $667,000 through a discounted share placement, attracting strong support from institutional and high-net-worth investors. The funds will accelerate exploration and development across its Australian and Brazilian lithium assets.

SEEK Limited projects strong FY25 revenue and earnings in the top half of guidance, driven by AI-powered product innovation and expanded market reach across Asia-Pacific.

Ardea Resources has received a $1.2 million R&D tax incentive rebate from the Australian Government, reinforcing its innovative work at the Kalgoorlie Nickel Project and strengthening its financial position.

White Cliff Minerals has delivered compelling assay results from its Rae Copper Project in Nunavut, revealing continuous high-grade copper mineralisation from surface and securing $14.4 million for ongoing 2025 drilling.

Macarthur Minerals has secured $250,000 through unsecured convertible notes to bolster its working capital and support ongoing operations amid challenging market conditions.

Yowie Group Ltd has firmly rejected the validity of director removal and nomination notices purportedly from Keybridge Capital, while confirming its status as Keybridge’s largest creditor with over $6.6 million owed. The company also detailed a recent share placement amid ongoing regulatory scrutiny.

F.F.I. Holdings has corrected its earlier statement, confirming its $11 million entitlement offer at $3.50 per share is not underwritten. The offer aims to fund property development and debt reduction, with directors backing the raise.

Nanollose has successfully placed the $1.05 million shortfall from its recent entitlement offer, bolstering its capital to advance production and commercialisation of its innovative biomaterials.

Sunstone Metals Ltd has had its trading suspension lifted following a Federal Court decision and the release of a cleansing prospectus, signaling a fresh chapter for the mining company on the ASX.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Elixinol Wellness Limited reported a robust FY24 performance, achieving an 81% increase in revenue and significantly narrowing its losses. The company is now focused on scaling its direct-to-consumer channels and operational efficiencies to reach profitability in 2025.