Latest Strategic Capital Raising News

Aurora Labs has raised $5.5 million through a strategic placement, partnering with Sovereign Propulsion Systems to advance its drone propulsion technology and expand manufacturing capabilities.

DeSoto Resources has secured A$14 million to advance drilling programs in Guinea’s prolific Siguiri Basin and Australia’s Northern Territory, backed by a strategic JV with Fortuna Mining Corp. Historic high-grade gold intercepts and a strong cash position set the stage for a pivotal exploration phase.

Magnum Mining & Exploration has raised $7 million through an oversubscribed placement to accelerate its critical minerals processing hub in Nevada and expand rare earth exploration in Brazil, aligning with US strategic priorities.

Sultan Resources has completed a $1 million strategic placement at a premium, positioning itself for key acquisitions and exploration in Namibia and Western Australia.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

Pacgold Limited has raised $13 million through a two-tranche placement to acquire and restart the White Dam Gold Project, aiming for near-term production and exploration growth.

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

COG Financial Services is raising A$20 million through an institutional placement to acquire an additional 14.08% stake in Fleet Network, increasing its ownership to over 92%. This move is expected to immediately enhance earnings per share and support COG’s strategic growth in novated leasing and salary packaging.

Premier1 Lithium Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.84 million, alongside plans to rebrand as Erebus Resources Limited pending shareholder approval. The capital raise is partially underwritten and aims to fund exploration at key projects and support general working capital.

NexGen Energy has expanded its Australian equity offering to AUD 600 million alongside a concurrent C$400 million North American deal, aiming to accelerate development of its flagship Rook I uranium project.

Investigator Resources has secured $10 million through a strategic placement to accelerate development and exploration of its flagship Paris Silver Project, aiming to bring forward silver production and expand drilling across key targets.