Latest Capital Raises News

St George Mining reports exceptional drilling results at its Araxá Rare Earths and Niobium Project, significantly expanding its resource footprint, alongside a successful $72.5 million capital raise to fund ongoing development.

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Skylark Minerals Limited has applied for ASX quotation of 37.98 million fully paid ordinary shares from a previously approved placement, signalling a key step in its capital expansion strategy.

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Sprintex Limited has raised A$3.625 million through option exercises and a share placement, strengthening its balance sheet and accelerating growth following a landmark €15.6 million contract with Mest Water.

InhaleRx Limited has completed the final tranche of its share placement, raising $600,000 to support its clinical-stage drug development programs targeting pain and mental health.

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Ryzon Materials Limited faces ASX scrutiny over the timing and disclosure of a $1 million advance from Xinhai Mining, with the company responding to regulatory queries and committing to improved governance.

Fatfish Group Limited has refinanced its $5.67 million debt with Arena Investors LP and secured an additional $0.15 million through new convertible notes, including a board nomination right for Arena.

Volt Group Limited has completed its acquisition of 4D Delta and secured a $4 million share placement, marking a significant step in its strategic growth.

Canyon Resources advances its Minim Martap Bauxite Project with mining set to start in February 2026 and first shipments targeted for late June, underpinned by key operational milestones and strategic partnerships.

Lindian Resources reports strong construction progress at its Kangankunde Rare Earths Project in Malawi, highlighted by the arrival of its Komatsu owner-operator mining fleet and advancing infrastructure works.