20 May 2026 | Queensland - Maronan Metals has secured a $22 million strategic investment from Kinterra Capital, providing funding for an expanded 2026 drilling program and the delivery of a Preliminary Feasibility Study on a larger-scale Maronan Project.
The investment will see Kinterra Critical Materials & Infrastructure Opportunities Fund II become a 19.99% strategic investor in Maronan through a private placement priced at 35.08 cents per share. Following completion, Maronan’s pro-forma cash position is expected to increase to approximately $36.6 million, based on its 31 March cash balance.