Latest Options News

Memphasys Limited has announced a pro-rata entitlement offer to raise approximately $1.12 million, issuing new shares at $0.003 each with free attaching options, aiming to fund the commercialisation of its Felix™ system and strengthen working capital.

Tambourah Metals has raised $3 million through a strategic placement led by Tribeca Investment Partners, boosting funds for its Beatty Park South gold exploration program to $4.5 million.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer at $2.00 per new unit, targeting a 7% annual cash distribution yield. The Trust offers diversified exposure to global private credit funds, primarily in the US and Europe, managed by Pengana Credit with Mercer Consulting as investment consultant.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and reinvestment options for investors.

Audalia Resources has completed a $500,000 placement to a sophisticated investor, issuing 20 million shares to fund critical development stages at its Medcalf Project. The capital injection aims to advance mining design, permits, and approvals while bolstering working capital.

Lindsay Australia Limited has updated its dividend announcement to include the Dividend Reinvestment Plan (DRP) price at a 5% discount, confirming a fully franked ordinary dividend for the six months ending June 2025.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Cryosite Limited has inked a deal to acquire a strategic freehold warehouse in Auburn, NSW, doubling its storage capacity and positioning itself for significant growth in clinical trial logistics.

Wesfarmers Limited has updated its dividend distribution for the six months ending June 2025, confirming a fully franked dividend of AUD 1.11 per share payable on 7 October. The company also detailed its dividend reinvestment plan pricing and currency options for shareholders.

Excite Technology Services has raised $2.1 million through convertible notes from institutional investors, including key backer Belgravia Strategic Equities, to fund cost restructuring and operational improvements.

Austal Limited has reached a confidential equitable adjustment agreement with the US Navy, resolving cost and schedule issues on the T-ATS shipbuilding program and limiting the contract to three vessels.

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.