Latest Capital Raises News

Triangle Energy is set to spin out its Philippine oil and gas assets into a new ASX-listed company, Tetragon Energy, offering shareholders direct exposure to promising Asian resources.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Horizon Minerals has successfully raised $4.65 million through a Share Purchase Plan, supplementing a recent $175 million placement as it advances its Black Swan processing hub development.

Novo Resources Corp has disclosed the distribution schedule and top 20 holders for its recently issued free-attaching options as part of its Tranche 1 placement, shedding light on shareholder concentration and potential capital impact.

Kina Securities Limited has launched its inaugural unsecured subordinated bond issue worth PGK 235 million, offering a fixed 7.55% coupon over 10 years, marking a significant step in Papua New Guinea's capital markets.

Percheron Therapeutics has announced a $2.2 million non-renounceable entitlement offer at a 20% discount, including free options, to fund the next phase of its lead oncology asset HMBD-002.

Bass Oil Limited has raised $3 million through a well-supported share placement to fund key projects including the Vanessa gas field acquisition and Indonesian oil drilling, positioning itself for a 2026 entry into the East Coast Gas Market.

FIN Resources has initiated a 1,500-metre diamond drilling campaign at its newly acquired Cabin Lake Gold Project in Canada’s Northwest Territories, targeting high-grade gold zones identified through recent geological analysis.

Chariot Resources has raised $2.15 million in a well-supported placement to fund its acquisition and exploration of lithium assets in Nigeria, signalling strong investor confidence amid soaring lithium prices.

Cann Group Limited has raised $750,000 through a convertible note agreement with Obsidian Global, aiming to strengthen its working capital and move towards EBITDA positivity.

H&G High Conviction Limited has been suspended from ASX trading due to failing to meet operational requirements, raising questions about its future as a listed entity.

Regener8 Resources has announced a $2.03 million entitlement offer at a 41% discount, aiming to accelerate exploration and acquisition of its Srebrenica North Project. Eligible shareholders can subscribe at one new share for every two held, positioning the company for its next growth phase.