Latest Share Issuance News

Ignite Limited (ASX, IGN) has re-established its Dividend Reinvestment Plan, offering Australian and New Zealand shareholders a flexible, cost-free way to reinvest dividends into additional shares. The Board retains discretion over discount application and participation terms.

Cardiex Limited has successfully raised $4.1 million through a fully underwritten entitlement offer, bringing total funds raised to $6.5 million including a recent institutional placement. The offer saw strong participation from directors and key shareholders, with new shares set to be issued imminently.

North Stawell Minerals has completed a $1 million placement, issuing over 33 million shares to fund its exploration efforts in Victoria's Stawell Mineralised Corridor.

Mount Burgess Mining has raised $221,806 through a share placement aimed at advancing its Kihabe-Nxuu Project and supporting ongoing operations.

Boab Metals has successfully raised $6 million through a share placement and an ATM set-off, positioning the company to advance its Sorby Hills Project in Western Australia.

GreenHy2 Limited has successfully raised nearly $1 million through a strategic share placement aimed at fast-tracking its innovative energy storage products, including hybridised graphene batteries and hydrogen solutions.

Hamelin Gold has completed the second tranche of its share placement, issuing new shares to directors and granting options to lead managers, signaling strong backing ahead of its exploration ambitions.

Future Metals NL has successfully closed a fully underwritten entitlement offer, raising approximately A$2.64 million and expanding its shareholder base with Zeta Resources increasing its stake to nearly 10%.

F.F.I. Holdings Ltd has completed a non-renounceable entitlement offer, issuing over two million new shares and raising approximately $7.35 million before costs. The new shares will begin trading on the ASX from June 24, 2025.

Dalaroo Metals has launched its maiden exploration program at the Blue Lagoon project in Greenland, targeting zirconium, niobium, and rare earth elements. Led by seasoned geologist Ole Christiansen, the program aims to validate promising historical geochemical anomalies and assess low-cost mining potential.

Carbine Resources has successfully raised $1.78 million through a pro-rata entitlement offer and shortfall placement, setting the stage for further shareholder approval in August.

Patrys Limited has formalized the redundancy of CEO Dr James Campbell, with a $535,877 payout partly converted into shares pending shareholder approval. Dr Campbell will continue as a non-executive director.