Latest Capital Raising News

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

PolarX Limited has voluntarily suspended its ASX-listed securities as it finalizes a capital raising, aiming to lift the suspension by 8 September with a market announcement.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Austral Resources Australia Ltd is undertaking a $40 million capital raise to restructure its balance sheet, settle key debts, and accelerate its consolidation strategy in Queensland’s copper-rich Mount Isa and Cloncurry region.

FMR Resources has raised $3.4 million through a strategic equity placement to accelerate exploration at its Southern Porphyry target in Chile, aiming to unlock significant copper and gold potential.

Austral Resources Australia Ltd reported a steep increase in half-year losses to $24.17 million, driven by discontinued operations, while advancing key acquisitions and debt restructuring efforts.

Green360 Technologies announces CEO Bojan Bogunovic's resignation effective October 31, with Executive Chairman Aaron Banks stepping in to lead daily operations during a pivotal growth phase.

Core Lithium has launched a $10 million Share Purchase Plan offering eligible shareholders the chance to buy new shares at the same price as a recent institutional placement, aiming to bolster working capital and support key project developments.

Control Bionics Limited has announced a 1-for-5 non-renounceable rights issue to raise up to $2.06 million, aiming to fund the commercial expansion of its NeuroStrip® device and operational growth. The offer is partially underwritten and open to eligible shareholders in Australia and New Zealand.

Xstate Resources has secured $2.14 million through its Re-compliance Prospectus offer and is on track to meet ASX conditions for re-listing, with drilling at its Diona Project set to begin in late September.

Beetaloo Energy is gearing up for first gas production in 2026 from its Carpentaria Pilot Project, backed by a $65 million financing package and a binding 10-year gas sales agreement with the Northern Territory government.

Cyprium Metals has completed the first tranche of a significant capital raise, securing approximately A$74 million to advance its copper development projects in Western Australia. The second tranche awaits shareholder approval, underscoring investor confidence in the company’s growth strategy.