Latest Shareholder Value News

ARC Funds Limited has completed a $750,000 equity raise through a placement and director share subscription, supporting its recent acquisitions and growth strategy.

BetMakers Technology Group has successfully closed an oversubscribed Share Purchase Plan, boosting its total capital raise to $13.7 million alongside a recent placement. The funds will support debt repayment, strategic acquisitions, and operational growth.

Hydralyte USA has placed 39.5 million shortfall shares at $0.01 each, boosting total funds raised under its recent Rights Issue to nearly $559,000. The move strengthens the company’s capital position amid ongoing growth efforts.

DigitalX has raised $20.7 million from leading global digital asset investors to expand its Bitcoin holdings and reinforce its position as a Bitcoin-focused investment manager.

Kincora Copper announces a C$4 million private placement backed by prominent North American investors, alongside a planned 10-for-1 share consolidation to accelerate exploration at its Condobolin project.

Western Yilgarn Limited has announced a maiden JORC Inferred Mineral Resource of 16.57 million tonnes at its Cardea 3 Bauxite Project, boosting its total bauxite portfolio to 205 million tonnes across Western Australia.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

Manuka Resources has voluntarily suspended its shares on the ASX pending a significant capital raising announcement, signaling a pivotal moment for the gold miner.

MedAdvisor Limited has finalized the sale of its Australian and New Zealand operations to Jonas Software for an estimated $42.35 million, marking a strategic pivot towards its US business. The company also announced upcoming CFO changes as it refocuses its growth trajectory.

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.

Beam Communications has received the second draft valuation report for its Zoleo Inc. joint venture, setting the stage for significant payments from partner Roadpost Inc. later this year.