Latitude 66 Limited secures $6 million through a strategic divestment of its 17.5% interest in the Greater Duchess Copper Gold Joint Venture, providing non-dilutive funding.
Amount Raised
A$6 Million
Round Type
Seed
QueenslandFinancial ServicesMiningDescription
Latitude 66 Limited has announced a significant $6 million windfall from Carnaby Resources' exercise of its Right of First Refusal. This strategic divestment allows Lat66 to redirect funding towards its core assets in Western Australia and Finland. The total consideration includes a $2 million cash payment and $4 million in Carnaby shares. The transaction provides immediate liquidity and underscores the value of non-core asset extraction.
Quick answer
Latitude 66 Limited raised A$6 Million in a Seed round, dated July 30, 2025. Latitude 66 Limited is based in Queensland, Australia.
- How much did Latitude 66 Limited raise?
- Latitude 66 Limited raised A$6 Million in a Seed round on July 30, 2025.
- What does Latitude 66 Limited do?
- Latitude 66 Limited focuses on advancing high-potential exploration assets primarily in Western Australia and Finland.
- Where is Latitude 66 Limited based and how big is it?
- Latitude 66 Limited is based in Queensland, Australia.
Source: Fundz verified event record.
Who else raised in Financial Services and Mining around the same time
Companies in the same sectors as Latitude 66 Limited that raised within 45 days of this round, from Fundz verified event records.
- Maple Gold Mines Ltd raised $177K (Pre-Seed) on September 9, 2025.
- Powercompute, Inc. raised $23M (Funding Round) on August 19, 2025.
- American Bitcoin raised $220M (Funding Round) on July 1, 2025.
- Miami International Holdings raised $40M on June 24, 2025.
- American Bitcoin raised $220M on June 24, 2025.
- BitFuFu raised $2.4M (Seed) on June 16, 2025.
Who to call at Latitude 66 Limited, and when
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Latitude 66 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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