Latest Equity Raising News

Arizona Lithium has secured $900,000 through an at-the-market equity raise to fund the construction of its first production facility at the Prairie Lithium Project in Canada.

MRG Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $818,000, aiming to fund exploration and development activities across its heavy mineral sands projects in Mozambique.

Flynn Gold Limited has revealed a significant new quartz vein system at its Golden Ridge Project in NE Tasmania, with high-grade gold assays and promising metallurgical recoveries. Drilling programs are underway to expand these discoveries and test structural controls on mineralisation.

Openn Negotiation Ltd remains under a Deed of Company Arrangement with no operational activity during the September quarter, focusing on recapitalisation efforts following insolvency and voluntary administration.

Pacific Edge Limited has opened a $5 million Share Purchase Plan at $0.10 per share, conditional on shareholder approval of a prior $16.1 million Placement. The capital raise aims to extend the company’s cash runway and accelerate US market adoption of its bladder cancer diagnostic tests amid Medicare non-coverage.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

betr Entertainment has unveiled an all-scrip takeover bid for PointsBet, offering shareholders 3.81 betr shares per PointsBet share, valuing the offer above a competing cash bid and promising significant cost synergies.

Imugene Limited has launched a $37.5 million equity raising through a Placement and Share Purchase Plan, offering new shares and options to fund its pivotal azer-cel clinical program. The raise includes attaching and piggyback options, subject to shareholder approval, aiming to bolster the company’s immuno-oncology pipeline.

Uvre Limited has completed its acquisition of promising New Zealand gold assets and appointed seasoned mining executives to its board, setting the stage for an accelerated exploration phase.

Tambourah Metals has successfully completed an oversubscribed entitlement offer, raising $367,720 to fund drilling and exploration across its gold and critical minerals projects in Western Australia.

ikeGPS has successfully raised A$18 million through a fully underwritten placement, supported by strong investor demand, and is launching a A$2 million share purchase plan to fund new product development and strategic initiatives.

Polymetals Resources Ltd has successfully completed a $15 million equity raise to replace debt and support the production ramp-up at its Endeavor Mine in New South Wales.