Latest Shareholder Approval News

InhaleRx Limited has secured $427,500 from an initial tranche of its $1 million capital raise, issuing 17.1 million shares to support its inhaled therapies targeting pain and mental health conditions.

L1 Global Long Short Fund Limited (ASX – GLS) has opened a pro-rata non-renounceable entitlement offer to raise up to A$415 million, marking a pivotal step in its transition to L1 Capital’s Global Long Short Strategy. The offer includes a Top-Up Facility and a subsequent institutional placement to meet strong investor demand.

Ariana Resources has inked a strategic term sheet with Hongkong Xinhai Mining Services Ltd., unlocking A$8 million in immediate funding and technical support to fast-track the Dokwe Gold Project in Zimbabwe.

Finder Energy has successfully raised nearly $20 million through the first tranche of its share placement, with a second tranche pending shareholder approval early next year.

Summit Minerals has agreed to acquire the historic Keystone Mine in Nevada, a polymetallic project boasting impressive historic grades of silver, gold, and tungsten. The acquisition positions Summit to tap into a prolific US mining district with significant critical metals potential.

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.

Southern Palladium Limited has completed the second tranche of its capital raising, issuing over 11.5 million shares to raise A$12.74 million following shareholder approval.

Canyon Resources confirms steady progress on its Minim Martap Bauxite Project in Cameroon, with mining set to start in early 2026 and the first bauxite shipment planned for June. Key infrastructure and equipment deliveries remain on schedule amid ongoing equity funding efforts.

State Gas Limited has raised $3.2 million through convertible notes issued at a 33% premium, alongside a $0.5 million director debt conversion, to accelerate pre-development of its Rolleston West coal seam gas project following a maiden 2P reserve certification.

Koba Resources has completed a $4.35 million placement of 87 million shares at 5 cents each, accompanied by 43.5 million free attaching options exercisable at 8 cents until mid-2028, following shareholder approval.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.

True North Copper has raised $12.5 million through a heavily oversubscribed placement to fast-track drilling and exploration at its flagship Mt Oxide Project and the promising Aquila discovery.