Latest Equity Placement News

Polymetals Resources has advanced its Endeavor Mine ramp-up, producing over 15,000 tonnes of concentrates and scheduling its first zinc shipment. The company also reduced debt and strengthened its cash position, signaling progress toward steady-state operations.

COG Financial Services has increased its ownership in Fleet Network to over 92% through a $23.9 million acquisition, funded by a $20 million equity placement. This move is expected to enhance earnings and maintain a robust balance sheet heading into FY25.

OpenLearning Limited has raised $2.6 million through a well-supported equity placement to accelerate its global growth and AI-driven product development, targeting new markets like the Philippines and Brazil.

Sarama Resources has completed the second tranche of its A$2.6 million equity placement, issuing new options to fund exploration at its Cosmo Gold Project and support arbitration efforts.

Stakk Limited has successfully raised $15 million through an oversubscribed equity placement, underscoring strong institutional confidence in its Embedded Finance growth strategy. The funds will accelerate expansion in the U.S. and Australian markets as the company’s recurring revenue surges.

Hillgrove Resources has secured $28 million through a two-tranche placement to accelerate copper production growth at its Kanmantoo mine, focusing on the Emily Star and Nugent projects.

Vection Technologies has secured $21 million through an upsized placement driven by strong defence sector momentum and announced a binding offer to acquire digital transformation firm DXLabs, bolstering its revenue and growth prospects.

Caspin Resources has successfully raised $4.5 million through a heavily oversubscribed equity placement, positioning the company to advance drilling at its Weethalle Gold and Bygoo Tin projects in New South Wales.

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

Revolver Resources has successfully raised A$1.35 million through an oversubscribed equity placement, advancing its Dianne Copper Mine Project towards a Final Investment Decision targeted for late 2025.

InteliCare Holdings has raised $2 million through a two-tranche placement to accelerate its AI-driven aged care platform and terminated a convertible note facility to streamline its capital base.

Flagship Minerals’ review of Anglo American’s drill data at the Pantanillo Gold Project in Chile reveals robust down dip gold mineralisation and many drill holes ending in mineralisation, supporting a fast-tracked JORC resource upgrade and significant growth potential.