Jul 27, 2026 – 11.06amGina Rinehart’s Hancock Prospecting is backing precious metals explorer G50 Corp in a $20 million capital raise to fast-track its flagship projects in the US’s Arizona and Nevada.The company is offering 33.6 million new shares at 59.5¢ a piece, a 9.8 per cent discount to the ASX-listed company’s last closing price 66¢.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Rinehart’s Hancock Prospecting backs precious metal explorer G50
The precious metals explorer is looking to raise $20 million to turbocharge its American exploration projects.
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