Funding newsPublished July 24, 2026

Elixir Energy Ltd Secures $4.0M

Recently funded · $4.0M UnknownOil, Gas, and MiningAUView source

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Elixir Energy Ltd (EXR.AX), the ASX-listed gas exploration and development company with a diverse portfolio spanning traditional and green energy, has secured $4.0M in new capital. The funding comes as the company continues to advance its 100% owned Nomgon IX Coal Bed Methane project in Mongolia, its most mature asset.

Beyond its Mongolian gas operations, Elixir Energy is also pursuing renewable energy ventures through its GOH Clean Energy LLC subsidiary, established in February 2021, and recently acquired the Grandis gas Project in Queensland in August 2022.

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Gold Road Resources
Gold Road is a mid-tier Australian gold producer and explorer with a Tier 1 mine and exploration projects across Australia. Gold Road was established in 2005 and listed on the ASX in 2006. From start-up, the Company’s focus was on greenfields exploration until the discovery of the Gruyere gold deposit in 2013. In 2016 Gold Road agreed a 50:50 joint venture on the project with Gold Fields Limited. Following the mine development from 2017 to mid-2019, Gold Road now have a 50% non-operating interest in the world-class long-life gold mine, together with its joint venture partner. Gruyere is one of Australia’s largest and lowest-cost gold mining operations with all ore currently sourced from a single open pit mine, and has a current mine life to 2032. The Gruyere JV (Gruyere and Golden Highway Deposits) hosts Open Pit Mineral Resources of 6.69 million ounces, and Ore Reserves of 4.05 million ounces (100% basis). At 31 December 2022, Gold Road‘s attributable Mineral Resources total 4.79 million ounces and attributable Ore Reserves total 2.02 million ounces . Gold Road have 100% owned exploration projects in the underexplored and highly prospective Yamarna Belt that hosts the Gruyere gold deposit, located approximately 1,200 kilometres north-east of Perth and 200 kilometres east of Laverton in Western Australia’s north-eastern Goldfields. Following the acquisition of DGO Gold in mid-2022 and new exploration tenement applications, Gold Road now has exploration tenements across Western Australia, South Australia and Queensland covering more than 18,000km² Gold Road’s exploration strategy is to deliver new value-adding, economic gold deposits that could be developed as standalone mining operations driving the creation of shareholder value through organic growth.

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1	Sunrun United States	Unknown	$11.0B	1y ago
2	Aurora Energy Research United Kingdom	Unknown	€9.5B

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1	Lion Energy Limited United States	Unknown	$3.2M	today
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Elixir Energy Ltd Secures $4.0M

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