Fundz

Boab Metals secures A$6.999986 million in an equity raise to bolster project advancement and improve funding position.

PRIVATEJan 14, 2026

Amount Raised

A$7 Million

Round Type

Post-IPO Equity

West PerthMiningPrecious MetalsMineral

Description

Boab Metals Limited has completed a follow-on equity offering of A$6.999986 million, issuing 17,499,964 ordinary shares at A$0.40 each. This capital raise strengthens Boab Metals’ funding position, potentially supporting project advancement. The equity raise helps reduce balance sheet pressure after a year of minimal revenue and ongoing losses. Key project de-risking steps remain important for future progress.

Quick answer

Boab Metals Limited raised A$7 Million in a Post-IPO Equity round, dated January 14, 2026. Boab Metals Limited is based in West Perth, Western Australia, Australia.

How much did Boab Metals Limited raise?
Boab Metals Limited raised A$7 Million in a Post-IPO Equity round on January 14, 2026.
What does Boab Metals Limited do?
Boab Metals Limited focuses on developing its key project, Sorby Hills, which has significant potential in the rare earth metals sector.
Where is Boab Metals Limited based and how big is it?
Boab Metals Limited is based in West Perth, Western Australia, Australia. Fundz records about 3 employees.
Who are the decision-makers at Boab Metals Limited?
Fundz holds 2 contacts at Boab Metals Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining and Precious Metals around the same time

Companies in the same sectors as Boab Metals Limited that raised within 45 days of this round, from Fundz verified event records.

  • ICG Silver & Gold Ltd raised $7K on February 25, 2026.
  • Silverco Mining raised $7.7M on February 19, 2026.
  • Theta Gold Mines raised $7M (Post-IPO Equity) on February 15, 2026.
  • American Pacific Mining raised $11K on February 5, 2026.
  • Helius Minerals raised $32M (Post-IPO Equity) on February 5, 2026.
  • Huntsman Exploration raised $73K on January 26, 2026.

Who to call at Boab Metals Limited, and when

A new round usually means Boab Metals Limited is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
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Company Information

Company

Boab Metals Limited

Location

West Perth, Western Australia, Australia

About

Boab Metals Limited focuses on developing its key project, Sorby Hills, which has significant potential in the rare earth metals sector. The company is engaged in raising capital to advance its projects, despite facing challenges such as low revenue and ongoing losses. Recently, it completed a successful equity raise to enhance its funding position for future development. Investors are weighing the long-term prospects of the company's operations against potential risks.

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Boab Metals Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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