Latest Capital Expansion News

The Alternative Investment Trust (AIQ) posted a 2.0% diluted NTA return in 2025, weighed down by an 8% appreciation of the Australian dollar against its largely USD-denominated portfolio. The trust bolstered its capital base with a A$34.5 million rights issue and increased exposure to the WSS Master Fund.

Infratil Limited has issued nearly 2.8 million new ordinary shares under its Dividend Reinvestment Plan at an issue price of NZD 14.70 each, expanding its capital base without altering shareholder rank.

Centuria Capital Group has successfully secured $265 million through institutional placement and entitlement offers, setting the stage for a $35 million retail entitlement offer to follow.

Almonty Industries has announced a $700 million convertible senior notes offering due 2031, aiming to refinance existing debt and fund corporate initiatives amid rising tungsten demand.

EQ Resources has secured board approval for a A$39 million expansion at its Mt Carbine tungsten mine, aiming to double crushing capacity and boost annual production by 500 tonnes amid strong tungsten prices.

AFT Pharmaceuticals posted a 22% revenue jump to NZ$254.7 million and a 39% increase in operating profit to a record NZ$24.4 million for FY26, exceeding guidance. The company targets over NZ$300 million revenue for FY27, fueled by international expansion and a deepening R&D pipeline.

Catalyst Metals has identified a capital-efficient path to increase throughput at its Plutonic Mill by refurbishing a dormant processing circuit, enhancing flexibility for its ambitious plan to double annual gold production to around 200,000 ounces.

Ora Banda Mining has significantly expanded its gold resources and reserves at Waihi and Round Dam, while greenlighting a $375 million new mill and Waihi Underground development as part of its DRIVE to 300 growth plan.

Black Cat Syndicate posted solid operating cash flow of A$61 million in the March quarter, driven by the ramp-up at Kal East and a strategic $20 million expansion of the Lakewood processing facility. The company also reported a 95% increase in antimony resources at Mt Clement, signaling growth potential beyond gold.

Genesis Energy has issued over 152 million new ordinary shares through a Rights Offer and Dividend Reinvestment Plan, increasing its total shares by more than 13%. This move reflects the company's ongoing capital strategy and shareholder engagement.

Ovanti Limited has secured $711,200 through a discounted share placement to professional investors, aiming to support its global operations and expansion into the US buy now, pay later market.

WCM Global Growth Limited has successfully completed a significant capital raising, issuing nearly 48.5 million new shares and securing $84.8 million through entitlement, shortfall offers, and a placement.