Latest Capital Raising And Placements News

Riedel Resources Limited has progressed its Kingman Project in Arizona, securing $1.4 million in fresh capital to fund drilling and development activities at the high-grade Tintic deposit. The company also strengthened its board with the appointment of an experienced independent director.

Imugene Limited has launched a A$37.5 million capital raising to advance its promising off-the-shelf CAR T therapy, azer-cel, following encouraging Phase 1b data showing a 75% overall response rate in lymphoma patients.

Bastion Minerals has successfully closed its non-renounceable entitlement offer, securing $414,190 from 105 applications. The company plans to issue shares imminently and will work with underwriters to place any remaining shortfall by late July.

SRJ Technologies Group has voluntarily suspended its ASX trading as it prepares for a pivotal capital raising and shareholder meeting to secure its financial future.

Terrain Minerals Limited has successfully closed a $850,000 non-renounceable rights issue, with full participation from its board and options attached to new shares. The company retains discretion to place remaining shortfall shares within three months.

Simble Solutions Limited has voluntarily suspended its ASX trading pending a capital raising announcement, signaling a significant funding move for the software company.

North Stawell Minerals has announced a combined $3.6 million capital raise through a placement and a pro-rata entitlement offer, aiming to bolster its exploration activities without materially altering company control.

Patrys Limited has raised $358,362 through a share placement and announced significant board changes, including the appointment of Dr Anton Uvarov and Mr Peter Christie, alongside making the CEO role redundant.

Pacific Edge Limited reported a resilient FY25 performance despite losing Medicare coverage for its Cxbladder tests in the US, announcing a $20 million equity raise to support commercialization and growth.

TruScreen Group Limited has announced a NZ$3 million capital raise to fund strategic growth initiatives across Asia and Africa, alongside repaying existing debt. The raise includes a placement and share purchase plan with free attaching options, signaling confidence in its expanding cervical cancer screening programs.

Koba Resources is set to raise $1.7 million to fund its next phase of drilling at the promising Yarramba Uranium Project, following a successful initial campaign that uncovered multiple high-grade uranium deposits.

IMEXHS Limited reported robust FY24 growth and launched its AI-enabled medical imaging platform Aquila+, setting the stage for expected profitability and accelerated revenue in 2025.