Latest Capital Raises News

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

West Coast Silver has completed a transformative acquisition of the Elizabeth Hill Silver Project and secured $3 million in fresh capital, setting the stage for a new era focused on high-grade silver exploration in the Pilbara.

betr Entertainment has successfully closed the retail portion of its $130 million equity raise, securing funds to advance its strategic acquisition of PointsBet Holdings.

Constellation Resources has withdrawn its initial entitlement offer and launched a revised plan to raise $2.52 million by issuing new shares at a lower price, aiming to fund exploration and working capital.

Rapid Lithium Limited has agreed to acquire two high-grade silver projects in New South Wales, adding nearly 35 million silver equivalent ounces to its portfolio. The deal, valued at A$6.5 million, signals a strategic diversification into critical minerals amid a robust silver market.

Comms Group Ltd launches a $7 million capital raising, including a fully underwritten entitlement offer, to acquire Tasmanian IT services provider TasmaNet, aiming to boost its revenue and market reach significantly.

Elixinol Wellness Ltd has raised $1.5 million through a mix of debt and equity to boost automation and expand its key brands, including Healthy Chef and Soul Seeds.

Carbine Resources Ltd (ASX: CRB) has announced a pro-rata entitlement offer to raise approximately $1.1 million, aiming to fund ongoing exploration and development at its Muchea West and Down South Silica Sand Projects.

Carbine Resources Limited has announced a pro-rata entitlement offer aiming to raise approximately $1.1 million to fund exploration and working capital. The offer includes broker options subject to shareholder approval and targets shareholders in select jurisdictions.

New World Resources Limited has entered a binding agreement for acquisition by Central Asia Metals Plc at a significant premium, valuing the company at approximately A$185 million. The transaction, unanimously recommended by New World’s board, is set to complete by September 2025, subject to shareholder and court approvals.

Southern Cross Gold Consolidated has completed the final tranche of a private placement, raising C$24.4 million to advance its Sunday Creek Gold-Antimony Project in Australia. The funds will support drilling, development, and economic assessment milestones through 2027.

Aurora Energy Metals has received a further US$550,000 from Eagle Energy Metals, extending the option to acquire the Aurora Uranium Project and underpinning key development milestones.