Latest Capital Raising News

Spenda Limited has secured $1.85 million from its institutional entitlement offer at $0.004 per share, progressing its $8.545 million capital raise aimed at debt reduction and product development. The retail component opens next week to raise an additional $6.7 million.

Burley Minerals has secured A$1 million through an oversubscribed Share Purchase Plan and placement, funding maiden drilling at its Pilbara iron ore project and lithium exploration in Canada.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

Vinyl Group has acquired Time Out Australia from Time Out England for nominal consideration, boosting its digital audience reach to 55% of Australians and completing a $2.4 million placement to fund integration. The acquisition is expected to be earnings accretive in FY27, reinforcing Vinyl's position as a leading cultural media platform.

Almonty Industries has closed a US$700 million convertible senior notes offering, including a full US$100 million over-allotment exercise, bolstering its balance sheet to accelerate development of the Sangdong tungsten mine and secure a non-China supply chain for Western defence.

ImpediMed has successfully closed an oversubscribed Share Purchase Plan, raising $2.1 million following a $13.2 million institutional placement. The strong shareholder response underscores confidence ahead of a key shareholder vote.

Barton Gold has secured $25.9 million through an institutional placement, fully funding critical resource upgrades, feasibility studies, and drilling at its key South Australian gold and silver projects.

Delorean Corporation’s SA1 Salisbury bioenergy project has secured accreditation under GreenPower’s Renewable Gas Certification, enabling it to issue Renewable Gas Guarantee of Origin certificates and strengthen its role in Australia’s renewable gas market.

Peninsula Energy has executed a definitive agreement for a US$30 million senior secured convertible note facility with an affiliate of Soul Patts, advancing its financing strategy for the Lance Uranium Project in Wyoming.

Zenith Minerals urges shareholders to accept Forrestania Resources’ takeover offer valuing Zenith at a 78.6% premium to its 30-day VWAP, promising access to near-term production and a stronger combined gold portfolio.

Eden Innovations has wrapped up the second tranche of its $4 million institutional placement, issuing over 14 million shares at 18 cents each. The capital injection finalises the raise announced in April, with shares issued under ASX rules and ranking equally with existing stock.

Tasman Resources has completed the first tranche of a $4 million share placement to fund a larger drilling program at its Parkinson Dam Project in South Australia.