Trojan Gold (CSE:TGII) has closed its non-brokered private placement to raise C$200,000 ($216,433), through the issuance of 2 million units. Each unit is priced at C$0.10, comprising one share and one purchase warrant. Holders will be eligible to purchase an additional share with each warrant held over a 24-month period. As reported by Mining.com.au, the […]
Belararox (ASX:BRX) has completed a $8.5 million capital raise in order to fund accelerated exploration at its TMT Project in Argentina, after obtaining approval from shareholders regarding tranche two. The company conducted the two tranche placement in September 2025 and was awaiting a general meeting to approve the issuance of second tranche shares. The placement […]
Silver47 Exploration (TSX-V:AGA) has amended its agreement with Research Capital Corporation to act as the lead underwriter and sole bookrunner for a C$30 million ($32.77 million) equity raise, which was upsized from C$20 million following “strong investor demand”. Under the deal, a syndicate of underwriters have agreed to purchase – on a bought deal basis […]
Trojan Gold (CSE:TGII) intends to close a non-brokered private placement on or about 31 December 2025, raising C$200,000 ($217,823), via the issue of 2 million units at C$0.10 per unit. Under the placement, the units comprise one common share in Trojan and one common share purchase warrant. Each warrant entitles holders to purchase an additional […]
Kalamazoo Resources (ASX:KZR) is raising $10 million through a private placement and share purchase plan to fund exploration and a Prefeasibility Study (PFS) at the Mt Olympus deposit within the Ashburton Gold Project in Western Australia. The company will issue 47.05 million shares at an issue price of $0.17 per share to raise $8 million […]
Unico Silver (ASX:USL) has increased its share purchase plan to raise a total of $10.32 million, after originally seeking $5 million. The company received applications to raise more than $19 million in this funding initiative, with applications closing on 17 December 2025. Eligible shareholders will be able to subscribe for up to $30,000 in shares […]
Lion Selection Group (ASX:LSX) has committed to invest $5 million in Medallion Metals (ASX:MM8), as part of a larger $60 million funding initiative. Managing Director Hedley Widdup says Medallion has been able to “rapidly” transform from explorer to developer given its deal to acquire Forrestania (ASX:FRS). “This not only delivers a rapid pathway to production, […]
McLaren Minerals (ASX:MML) has raised $3.6 million through a one-for-one non-renounceable entitlement offer to fund ongoing study and exploration works at its namesake project in the Eucla Basin of Western Australia. The company will issue one share for every share held at an issue price of $0.018 in the entitlement offer, having received a total […]
For mining companies, capital is the oxygen that keeps the corporate engine breathing. Exploration programs need drilling metres. Development requires camps, declines, processing plants, and huge pieces of yellow gear that burn through cash faster than a blast crew cycles a pattern. And once in production, mines must balance sustaining expenditure, debt obligations, and the […]
PTR Minerals (ASX:PTR) has received firm commitments to raise $12 million through a placement, which has been strongly supported by existing and new investors, including several funds and institutions. Directors and management have committed to contribute $340,000. Taylor Collison and Argonaut Securities acted as joint lead managers and bookrunners to the placement, which is not […]