Latest Capital Raises News

Diablo Resources is broadening its North American footprint by preparing for a secondary listing on the U.S. OTCQB market, complementing its recent acquisition of a high-grade silver-antimony project in Utah.

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Zuleika Gold has locked in $5 million in funding to boost exploration efforts and strengthen its financial footing in Western Australia's prolific gold belt.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.

Bryah Resources has successfully raised nearly $2 million through an oversubscribed placement to fund exploration at its Golden Pike Project in Canada, signaling strong investor confidence in its growth plans.

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.

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Broken Hill Mines has raised $38.5 million through a strongly supported placement to accelerate exploration and development at its Rasp and Pinnacles mines, aiming to boost production and capitalise on high silver prices.

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.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.

PlaySide Studios reported a tough FY25 with a 25% revenue drop and a $7.4 million EBITDA loss, prompting a swift restructure. The company is optimistic about FY26, driven by strong original IP titles and expanding external projects.