Latest Capital Raises News

LDR Assets Pty Ltd, controlled by the Lederer Family Office, has made an off-market takeover bid for all stapled securities of the Elanor Commercial Property Fund (ECF) at $0.70 cash per security, offering a premium over recent trading prices and net tangible asset backing. The bid follows concerns about ECF’s declining financial performance and signals potential management changes and delisting.

Rapid Critical Metals has agreed to sell its Ingersoll project and completed the sale of Tin Mountain, both in South Dakota, to Iris Metals, receiving a mix of shares and cash payments.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

ABx Group has raised A$3 million through a well-supported share placement to advance its Deep Leads heavy rare earths project in Tasmania, aiming to complete key studies and expand exploration.

Alternative Investment Trust (AIQ) has successfully completed a 1 for 1 non-renounceable rights issue, issuing over 23 million new units and significantly increasing its cash reserves.

Alligator Energy has applied for ASX quotation of its Placement Options, set to trade under the ticker AGEOD, following shareholder approval at the recent EGM. The company has released detailed top holders and distribution data as part of the listing process.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

TechGen Metals has raised A$1.2 million through a strongly supported placement to accelerate exploration at its Blue Devil and Mt Boggola projects, setting the stage for drilling campaigns in late 2025.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Artemis Resources has completed a $4.9 million capital raise to fund extensive drilling programs targeting gold and copper at its Carlow, Titan, and Cassowary projects in Western Australia. The funding will accelerate exploration efforts aimed at expanding mineral resources and testing new high-potential targets.

Washington H. Soul Pattinson shareholders convened to approve a transformative merger with Brickworks, aiming to simplify structure and boost portfolio diversification under a new entity, Topco.