Latest Capital Raises News

Magnum Mining & Exploration Limited has appointed Leslie Pereira as a Non-Executive Director while Neil Goodman steps down from the board, marking a strategic shift aimed at enhancing shareholder value and project development.

Centuria Industrial REIT has successfully settled a A$325 million exchangeable notes offering due 2030, simultaneously repurchasing nearly A$300 million of its higher-cost notes maturing in 2028. This refinancing move aims to extend debt maturity and reduce interest expenses.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

Great Divide Mining has successfully raised $1.335 million through convertible loan notes, signaling strong investor confidence as it advances the Challenger Gold Mine joint venture.

Mesoblast has entered agreements to issue up to US$50 million in convertible notes, aiming to strengthen its capital base and support pipeline growth, pending shareholder approval.

Conico Limited has had its ASX trading suspension lifted immediately following an announcement detailing its capital raising and exploration plans, signaling renewed investor interest.

Conico Ltd has raised $1.395 million through converting loans to fund exploration at its Mt Thirsty Joint Venture and resolve legal issues tied to its Greenland projects. The company also plans a $1.23 million entitlement offer and a share consolidation ahead of a key shareholder meeting in October.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Peregrine Gold Limited has raised $3 million through a share placement to accelerate exploration at its Newman and Mallina projects in Western Australia, bolstered by strong institutional support.

Pearl Gull Iron Limited has agreed to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity stake in Crestlink Pty Ltd, and ongoing royalties, marking a strategic shift as it seeks new growth opportunities.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.