Latest Capital Raises News

Sun Silver Limited has raised $30 million through a major institutional placement to accelerate drilling and development at its flagship Maverick Springs Silver-Gold Project in Nevada.

Orange Minerals NL has raised $810,000 to fund exploration and due diligence on its new Tepa Gold Project acquisition in Ghana, while advancing promising Australian projects with notable assay results.

West Coast Silver has raised over $6 million through a share placement to accelerate exploration at its high-grade Elizabeth Hill silver project, signalling strong investor confidence and ambitious growth plans.

InVert Graphite Limited has successfully raised $3.5 million and resumed ASX trading following key acquisitions and promising initial trench results at its Morogoro Graphite Project.

Island Pharmaceuticals reported promising Phase 2a/b trial results for its dengue drug ISLA-101 and secured a strategic acquisition of the broad-spectrum antiviral Galidesivir, bolstering its pipeline and balance sheet.

Prospech Limited has reported a 90% increase in its Korsnäs rare earth element resource in Finland, alongside progressing key metallurgical test work and exploring promising copper-gold targets in Slovakia.

SRJ Technologies has taken a strategic leap by acquiring a UAE entity registered with a regional National Oil Company, positioning itself for direct contracting in the Middle East energy sector. This move is supported by a recent capital raise and ongoing restructuring to sharpen its regional focus.

FireFly Metals has identified 325 promising geophysical targets at its Green Bay copper-gold project in Newfoundland, using advanced airborne surveys, and is accelerating drilling with strong financial backing.

Audeara Ltd has reported a landmark FY25 with record cash receipts of $4.9 million, driven by strong domestic sales and expanding global technology partnerships. The company’s strategic R&D and inventory build set the stage for further growth in FY26.

New Murchison Gold Limited has transitioned from explorer to producer with mining underway at its Crown Prince project, backed by a $12 million capital raise and promising high-grade drilling results.

Podium Minerals has significantly expanded its Parks Reef project with a new Copper-Gold Zone resource, increasing the basket price by 18% and completing a $2.6 million oversubscribed capital raise.

Sipa Resources has completed a key drilling program at its South Australian gold projects and secured A$1.6 million in new funding to accelerate exploration activities across multiple sites.