Latest Capital Raising News

Evolution Energy Minerals has announced that its recent entitlement offer is now fully underwritten by Mahe Capital, with key directors participating as sub-underwriters, removing previous minimum subscription conditions.

Duxton Farms Ltd has announced a scheme of arrangement to acquire all issued preference shares of Duxton Dried Fruits Pty Ltd, offering a mix of scrip and cash consideration. An independent expert has assessed the transaction as fair and reasonable, endorsing the merger as a strategic step to create a diversified agricultural investment platform.

Duxton Farms proposes to acquire all preference shares of Duxton Bees via a scheme of arrangement, offering 0.839 Duxton Farms shares per Duxton Bees preference share, with up to 20% cash consideration. The independent expert values Duxton Bees preference shares between $0.64 and $0.85 on a control basis and considers the transaction fair and reasonable.

Magnum Mining & Exploration Limited has appointed Leslie Pereira as a Non-Executive Director while Neil Goodman steps down from the board, marking a strategic shift aimed at enhancing shareholder value and project development.

Centuria Industrial REIT has successfully settled a A$325 million exchangeable notes offering due 2030, simultaneously repurchasing nearly A$300 million of its higher-cost notes maturing in 2028. This refinancing move aims to extend debt maturity and reduce interest expenses.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

Great Divide Mining has successfully raised $1.335 million through convertible loan notes, signaling strong investor confidence as it advances the Challenger Gold Mine joint venture.

Mesoblast has entered agreements to issue up to US$50 million in convertible notes, aiming to strengthen its capital base and support pipeline growth, pending shareholder approval.

Conico Limited has had its ASX trading suspension lifted immediately following an announcement detailing its capital raising and exploration plans, signaling renewed investor interest.

Conico Ltd has raised $1.395 million through converting loans to fund exploration at its Mt Thirsty Joint Venture and resolve legal issues tied to its Greenland projects. The company also plans a $1.23 million entitlement offer and a share consolidation ahead of a key shareholder meeting in October.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Peregrine Gold Limited has raised $3 million through a share placement to accelerate exploration at its Newman and Mallina projects in Western Australia, bolstered by strong institutional support.