Latest Capital Raising And Financing News

Austral Resources Australia Ltd has executed binding agreements to acquire the Rocklands Copper Mine, establishing a significant sulphide processing hub in North-West Queensland and advancing its regional consolidation strategy.

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

Acrux Limited reports strong momentum from recent topical pharmaceutical launches, driving a significant uptick in profit share income expected in the coming quarter. The company also secured nearly $4 million through a placement and share purchase plan, alongside a $1.73 million R&D-backed loan.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Keybridge Capital Limited has appointed a voluntary administrator following a series of legal setbacks and an inability to raise crucial capital, leading to the suspension of its shares.

Traffic Technologies reports a robust order book with long-term contracts and significant cost reductions, despite ongoing working capital challenges.

Oldfields Holdings Limited reports a robust second quarter for FY2025, highlighting successful strategic realignment and improved financial performance despite ongoing transition costs.