Latest Shareholder Funding News

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

Prospech Limited advances its Korsnäs rare earth project by transitioning from flotation upgrades to a targeted hydrometallurgical program with ANSTO Minerals, aiming to unlock value from a significant historical concentrate stockpile in Finland.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

DevEx Resources has announced a $35 million capital raise to fund key uranium tenement acquisitions and an aggressive 2026 exploration campaign in the Northern Territory’s Alligator Rivers Uranium Province.

Island Pharmaceuticals has secured over $1 million through option exercises by directors and major shareholders, bolstering its cash reserves to advance the clinical and regulatory development of its broad-spectrum antiviral, Galidesivir.

Redivium Limited has withdrawn its planned European Green Bond issuance amid challenging market conditions and an ongoing ASX suspension, despite securing conditional investor commitments. The company signals a future return to green debt markets when conditions improve.

Sheffield Resources announces a $6.5 million contribution to support the Thunderbird Mineral Sands Mine as Kimberley Mineral Sands navigates ongoing debt restructuring discussions with lenders.

Altair Minerals has raised A$13 million through an institutional placement led by 1832 Asset Management, fully funding an extensive drilling program at its Greater Oko Project set to begin early next year.

BrainChip Holdings Ltd has launched a fully underwritten $35 million placement alongside a $2 million share purchase plan to fund the commercialization of its Akida 2.0 technology and new TENNs product development. The capital raise underscores the company’s commitment to expanding its footprint in the rapidly growing edge AI market.

Noble Helium advances its North Rukwa helium project with a confirmed five-hole drilling campaign and a significant resource upgrade, backed by leadership changes and shareholder funding.

Openn Negotiation Ltd remains suspended from ASX trading but has secured interest-free loans from its major shareholder to support working capital as it explores strategic options post-DOCA.