Latest Share Issuance News

Vinyl Group Ltd has secured a Federal Court order to rectify delayed cleansing notices for multiple share issues, ensuring their shares remain freely tradable. The court’s decision also shields involved parties from civil liability related to the disclosure lapse.

High-Tech Metals has successfully completed a $2.5 million placement, positioning the company to ramp up its exploration activities with fresh capital and strategic options incentives.

Victor Group Holding Ltd has agreed to acquire a 15% stake in Australian fintech iRich Finance through a share issuance, aiming to enhance its platform and software services without altering its operational independence.

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.

Nordic Resources has completed its acquisition of three gold projects in Finland’s Middle Ostrobothnia Gold Belt, significantly boosting its resource base with nearly one million ounces of gold equivalent. The company plans to start drilling by July 2025, aiming to unlock further value from these advanced assets.

Cardiex Limited has successfully raised $2.4 million through an institutional placement to boost manufacturing and commercial activities for its CONNEQT Pulse device.

Invert Graphite has completed significant acquisitions including South Australian exploration licences and appointed a new CEO and board members, setting the stage for its next growth phase.

Anax Metals has issued a detailed clarification on its recent $3.3 million convertible note placement with Mineral Development Partners, addressing inconsistencies in shareholder approval disclosures and announcing strengthened compliance measures.

Ridley Corporation has successfully closed its retail entitlement offer, raising $26 million as part of a $125 million capital raise to fund its $300 million acquisition of Incitec Pivot’s fertiliser distribution business.

HITIQ Limited has pushed back the closing date for its entitlement issue offer to June 20, adjusting the timeline for its capital raising efforts.

Chariot Corporation has extended the deferral period on its convertible notes with Obsidian Global, issuing 1.75 million shares as part of the amendment. This move delays potential dilution while reinforcing investor support.

Tasmea Limited is set to acquire the Vertex Group, enhancing its high voltage and portable power services across regional Australia, with a deal expected to boost earnings per share by 3%.