Latest Funding Agreements News

Resource Mining Corporation (ASX, RMI) has kicked off a new drilling campaign at its Mpanda Copper-Gold Project in Tanzania, progressed exploration in Saudi Arabia, and strengthened its balance sheet by raising $2 million and repaying all debt.

Resource Mining Corporation has locked in a $5 million convertible securities facility to fund its expanding exploration programs across Tanzania, Saudi Arabia, and Finland. The initial $1.3 million drawdown supports ongoing copper-gold drilling and new gold ventures.

Omni Bridgeway Limited has reported record investment proceeds of A$555.5 million for FY25, underpinned by robust completions and a growing pipeline. Positive regulatory shifts in key markets further bolster the company’s outlook.

Volt Resources reports robust progress on its Alabama Graphite Refinery scoping study, strategic partnerships in Tanzania, and resilient production in Ukraine, positioning itself strongly amid evolving graphite market dynamics.

Opthea has discontinued its sozinibercept program after Phase 3 trial failures, leading to drastic staff cuts and a sharp decline in cash reserves amid ongoing funding negotiations.

EQ Resources has locked in a US$7.5 million royalty funding agreement with Oaktree Management, aimed at expanding and enhancing its Barruecopardo tungsten project in Spain. This deal strengthens the company’s balance sheet and supports critical capital projects to increase production capacity.

Arafura Rare Earths pushes forward with equity funding for its Nolans Project, targeting a €100 million investment from Germany’s Raw Materials Fund amid rising geopolitical tensions reshaping the rare earths landscape.

Emyria has secured a landmark multi-year funding agreement with Medibank to reimburse PTSD patients under its Empax program, alongside opening a second clinic and reporting durable clinical improvements in treatment-resistant PTSD cases.

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Black Rock Mining Limited has launched a prospectus offering over 108 million unquoted options to participants of a recent $5 million placement, aiming to support the development of its Mahenge Graphite Project in Tanzania.

Novonix Limited reports significant progress in its synthetic graphite anode materials production, benefiting from new US tariffs on Chinese imports and strategic leadership appointments. The company also secures up to US$100 million in convertible debenture funding to support expansion plans.

NOVONIX has entered a multi-tranche funding agreement with Yorkville Advisors to raise up to US$100 million through convertible debentures, supporting its Riverside facility build-out and commercial production ramp-up.