Latest Investment And Funding News

Arafura Rare Earths has made decisive strides in funding its Nolans Project, securing up to US$400 million in conditional and indicative investments from Australian and US government-linked financiers, alongside a strong equity raise.

Clime Investment Management has firmly rejected allegations of a formal ASIC investigation following a misleading media report, clarifying that only a preliminary inquiry occurred.

Tasman Resources has clarified the reasons behind its recent share price jump, linking it to new drilling funding and a rise in its Eden Innovations investment value.

Franklin Templeton Australia has launched the Franklin Global Growth Fund – Class A, an actively managed ETF listed on the ASX aiming to outperform the MSCI World ex Australia Index with a strong ESG commitment and a 0.90% management fee.

Aura Energy has made significant strides in funding and development of its Tiris Uranium Project in Mauritania, while legislative progress in Sweden could unlock value at its Häggån Polymetallic Project. Rising uranium prices and secured offtake agreements underpin a positive outlook.

Theta Gold Mines has completed a significant capital raising, securing nearly A$20 million through a placement and the first tranche of a cornerstone investment, setting the stage for advancing its TGME Gold Project.

360 Capital Group (ASX, TGP) has received a $0.31 per security unconditional takeover offer from TT Investments, with the Independent Board Committee unanimously recommending acceptance in the absence of a superior proposal. The offer, supported by an independent expert, provides a premium to recent trading prices and offers certainty of cash consideration.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Eildon Capital Group has recommended that securityholders accept Samuel Terry Asset Management’s unsolicited $0.875 per security takeover offer, which represents a 24% premium to recent trading prices. An independent expert has deemed the offer fair and reasonable, but uncertainties remain around board composition and liquidity post-offer.

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

TT Investments, led by 360 Capital’s Executive Chairman Tony Pitt, has launched an unconditional off-market takeover bid for 360 Capital Group at an improved price of A$0.31 per security, signaling potential delisting and operational overhaul.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.