Top 10 Metals, Minerals and Mining Capital Raises in the U.S. – April 1st – 15th, 2025
Several interesting transactions closed in the Metals, Minerals and Mining sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PIPE
- Big Gold Inc, a mineral exploration and development company focused on the acquisition and exploration of mineral properties, received CAD 25,000 of development capital.
- Eloro Resources Ltd, an exploration and mine development company with a portfolio of gold-silver properties in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec, received CAD 5.27 million of development capital.
- Freegold Ventures Ltd, an exploration-stage company. It is engaged in the process of acquiring, exploring, and developing precious and base metal properties, received CAD 41.98 million of development capital.
- GMV Minerals Inc, an exploration stage and its principal business activity is the sourcing and exploration of mineral properties, received CAD 675,000 of development capital.
- Klondike Gold Corp, a Vancouver-based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory, received CAD 1.51 million of development capital.
- Leviathan Gold Ltd, engaged in acquiring, exploring, and evaluating mineral resource properties in Victoria, Australia, received $3.25 million of development capital.
- Prosper Gold Corp, an exploration and development company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Ontario, received CAD 525,000 of development capital.
Merger/Acquisition
- Albany Quarry, provider of stones based in Albany, Kentucky, acquired by Rogers Group.
- High Roller Sand, operator of hydraulic fracturing sand facility based in Kermit, Texas, acquired by Iron Oak Energy Solutions.
Early Stage VC
- Scout Discoveries, operator of a mineral exploration company intended to offer major precious-base metals discovery, raised $8 million of venture funding from Rhea Capital Management and other investors.
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Tina Vital
Managing Director
Extensive career in engineering and investment banking focused on debt and equity transactions for infrastructure, energy, metals & mining, cleantech/waste management and other technology-based industries. Began engineering career with Exxon. Began Wall Street career at Citibank. Frequent guest on global financial news shows and the author of numerous engineering and energy finance publications. Previously served as Secretary-Treasurer and Executive Board Member for the United States Association of Energy Economics (USAEE); and Advisory Board Member for the International Pittsburgh Coal Conference. MBA from Carnegie Mellon University. ABD-PhD Chemical Engineering from the University of Massachusetts at Amherst. MS in Chemical Engineering from Lehigh University. BS in Biochemistry, Chemistry and Biology from the University of Pittsburgh. FINRA Series 7, 63 and 79 licensed.
- tvital@castleplacement.com
- (917) 432-8474
Please contact me if you have any questions or would like to discuss your capital raise:
Email: tvital@castleplacement.com
(C) (917) 432-8474
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.











