Latest Equity And Debt Funding News

EIT RawMaterials has committed an additional €1.5 million to advance the Finnish Vanadium Recovery Project, reinforcing its role in Europe's critical materials supply chain. This marks the third funding round supporting technical innovation and project financing efforts.

WAM Income Maximiser Limited has successfully raised $148 million through a Share Purchase Plan and Placement, expanding its funds under management beyond $300 million and declaring fully franked dividends with growth guidance through early 2026.

Zuleika Gold advances its Plutonic Mine litigation with a trial delay to early 2026, while gearing up for exploration drilling and bolstering its finances with new funding.

Theta Gold Mines has commenced bulk earthworks at its flagship TGME gold project in South Africa and secured nearly US$40 million in combined equity and debt funding, marking a pivotal step toward production.

Arafura Rare Earths has made decisive strides in funding its Nolans Project, securing up to US$400 million in conditional and indicative investments from Australian and US government-linked financiers, alongside a strong equity raise.

Neometals reports promising gold exploration results at Barrambie and advances lithium and vanadium projects with major partners, while completing a key business sale.

Predictive Discovery’s Definitive Feasibility Study for the Bankan Gold Project confirms robust economics with a 12.2-year mine life producing 250,000 ounces annually and a post-tax NPV of US$1.6 billion. The study outlines a clear path to construction and production in Guinea, backed by strong financial returns and environmental approvals.

Alchemy Resources Limited reported a slight $15,000 cash outflow in its December 2024 quarter, maintaining a solid cash balance of $2 million as it continues to invest in exploration activities.

AGUIA RESOURCES LTD posted a $1.31 million net cash outflow for the December 2024 quarter, driven by exploration and evaluation expenses, while preparing for underground operations at its Santa Barbara Mine.