Latest Capital Raises News

European Lithium has sold 0.5 million shares of Critical Metals Corp for US$1.625 million, underscoring the substantial value of its remaining CRML stake, now valued at approximately US$205 million.

Island Pharmaceuticals has accelerated its acquisition of the Galidesivir antiviral program from BioCryst Pharmaceuticals, adding a clinically advanced asset with significant US government backing and a promising regulatory pathway.

Sparc Technologies progresses its pioneering green hydrogen pilot plant and graphene-based coatings, backed by a significant government grant and a successful capital raise.

Blackstone Minerals has revealed significant surface copper and gold mineralisation adjacent to its flagship Mankayan project in the Philippines, setting the stage for expanded exploration and development.

AdNeo Limited has fast-tracked $1.5 million in cost savings from its Learnt Group acquisition, hitting key milestones early and setting the stage for significant revenue growth.

Coolabah Metals Limited has closed its upsized $20 million public offer ahead of schedule due to strong investor demand, progressing its strategic acquisition of Broken Hill Mines Pty Ltd. The move consolidates key mining assets at Broken Hill and sets the stage for a significant corporate transformation.

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

Vitasora Health has completed the first tranche of its $11 million capital raise, positioning the company to fund growth initiatives and reach cash flow breakeven in the second half of fiscal 2026.

Rey Resources Limited has issued a Target's Statement recommending shareholders accept an unconditional $0.028 per share cash takeover offer from Vigorous Resources Pty Ltd, representing a significant premium over historic trading prices. The REY Board unanimously supports the offer, citing certainty and liquidity amid the company's financial challenges.

Vigorous Resources has initiated an unconditional off-market takeover offer for all shares of Rey Resources at a 155% premium, with unanimous support from the Rey board. The bid, funded by a major shareholder loan, aims to provide immediate cash value to Rey shareholders and could lead to Rey's delisting from ASX.

StepChange Holdings Limited has initiated an initial public offering to raise up to $15 million, aiming to acquire StepChange Consultants Pty Ltd, a prominent SAP ERP consulting firm. The move positions the company to capitalize on the expanding IT services market in Australia and New Zealand.

Clean Seas Seafood shareholders have voted to approve Yumbah Aquaculture’s acquisition scheme, setting the stage for delisting and a significant ownership change. The deal offers shareholders a cash option or a scrip alternative, with expert backing and board endorsement.