CAPITAL MARKETS

Capital Watch: Meeka, Cauldron and more

A drop-off in capital raisings in the junior space this week

Staff reporter

This article is 1 year old. Images might not display.

Meeka Metals has received firm commitments to raise $3.5 million to fund the Murchison gold project.

Shares were issued at 4c each, with participants to receive one attaching unlisted option for every two new shares.

Directors and management will contribute $210,000, subject to shareholder approval.

Uranium and PGE explorer Cauldron Energy is seeking to raise up to $1.6 million.

The company has secured $198,000 via a placement at 0.9c per share and has entered into an underwriting agreement with lead manager Canaccord Genuity for a renounceable rights issue to raise $1.46 million at the same price.

Participants will receive one free-attaching option for every three shares issued.

Dual-listed Tempus Resources has received firm commitments to raise $740,000 via a non-brokered private placement.

Proceeds from the 2.3c per share offer will be used for work on newly acquired lithium projects in Manitoba and the Elizabeth Creek gold project in British Columbia.

Garnet developer Heavy Minerals has entered into agreements for a gross royalty interest in the Port Gregory project to raise $500,000.

Foster Stockbroking was the lead arranger.

Finally, microcap Moho Resources has raised $476,062 via a placement at 0.7c per share, a 22% discount.

RM Corporate Finance acted as lead manager.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.