Latest Capital Raising In Mining News

IRIS Metals Limited has had its trading suspension lifted following the announcement of a new transaction and an update on its capital raising efforts, signaling renewed momentum for the base metals miner.

Cassius Mining Limited has raised $1.16 million through a share placement to fund its Soalara project in Madagascar and support ongoing litigation in Ghana.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

New Frontier Minerals has completed a $2.25 million placement to professional investors, issuing over 107 million shares and promising additional attaching options early next year. This capital injection aims to accelerate exploration at its key projects in the Northern Territory and Queensland.

GreenTech Metals has agreed to acquire a majority interest in the Munni Munni Platinum Group Elements-Copper-Nickel project in Western Australia, consolidating a large tenure package and positioning itself for a resource upgrade and exploration program.

Greenvale Energy Limited has closed its Share Purchase Plan, offering shareholders shares at $0.044 each with free attaching options exercisable at $0.07 until November 2026. The final subscription outcome will be announced on December 4.

Eagle Mountain Mining has successfully completed a $1.66 million placement, bolstering its exploration efforts in Arizona’s copper-gold sector with new shares and attaching options.

Jindalee Lithium Limited reminds eligible shareholders that its Share Purchase Plan (SPP) will close on 20 November 2025, offering shares at $0.55 each with free attaching options exercisable at $0.825. This follows a recent $8 million placement aimed at advancing key lithium projects.

Western Mines Group advances its Mulga Tank nickel project with a new deep diamond drill hole and an electromagnetic survey, backed by recent capital and government grants.

Piche Resources has successfully raised approximately AUD 2 million through an oversubscribed placement, attracting strong institutional interest and issuing free attaching options to support its Argentine exploration projects.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Arafura Rare Earths secures an ASX waiver allowing eligible shareholders to vote on its upcoming Share Purchase Plan, ensuring broader participation in a key capital raising step.