Latest Director Participation News

Astral Resources has successfully raised A$65 million through a strongly supported placement to advance its Mandilla Gold Project and accelerate exploration across its Western Australian gold assets.

Spenda Limited has successfully raised $1.4 million through a private placement, attracting both new and existing sophisticated investors to support its product development and working capital needs.

Minbos Resources has locked in $3.36 million through a placement and plans a $1 million Share Purchase Plan, paving the way for key milestones in its Cabinda Phosphate Project. A new debt financing option with Banco de Fomento Angola offers fresh momentum after delays with previous lenders.

Arika Resources has secured $5.7 million through a heavily oversubscribed placement to accelerate drilling at its Yundamindra and Kookynie gold projects in Western Australia, with directors committing $0.65 million themselves.

HITIQ Limited has successfully raised $925,000 through an oversubscribed placement, issuing shares at a discount and attaching listed options to support its concussion management technology's commercialisation.

Core Energy Minerals has raised $2.75 million through a share placement to fund critical minerals exploration and the acquisition of the Itambe Rare Earth Project in Brazil, backed by strong institutional support.

MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.

PTR Minerals has successfully raised $12 million through a share placement to accelerate development and exploration at its Rosewood Titanium and Muckanippie Heavy Mineral projects in South Australia.

Maggie Beer Holdings Ltd has announced a 1-for-10 non-renounceable entitlement offer priced at $0.056 per share, aiming to raise approximately $2.28 million to bolster its balance sheet and working capital. Eligible shareholders in Australia and New Zealand can participate, with options to apply for additional shares and a potential shortfall placement.

BTC Health has raised $2 million through a share placement priced at a slight premium, with director Martin Kahanovitz participating and a new South African investor joining the register.

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.

Riedel Resources Limited has announced a 1 for 2 non-renounceable entitlement offer at $0.025 per share, aiming to raise approximately $1.78 million to fund exploration and working capital. The offer closes on 15 December 2025 and is open to eligible shareholders.