Latest Capital Structure News

TPG Telecom launches an innovative handset receivables financing structure expected to free up $600 million in cash flow for FY25 and plans a $3 billion capital reduction with a reinvestment plan for minority shareholders.

Amplitude Energy Limited has announced a proposed 11-for-1 share consolidation, pending shareholder approval at its upcoming AGM. This move aims to streamline its capital structure following a recent entitlement offer.

New Hope Corporation has updated its final dividend details for FY2025, confirming a fully franked payout of 15 cents per share and revising the dividend reinvestment plan price to $4.01.

Critical Resources Limited has successfully completed the first tranche of its capital raising, issuing over 190 million shares and accompanying options to bolster its exploration projects. The company now awaits shareholder approval for director share issuance as it prepares for the second tranche.

Orion Minerals has expanded its capital raising from $5 million to $7.7 million, reflecting robust demand from sophisticated investors. The company plans to issue approximately 515 million shares at 1.5 cents each.

James Bay Minerals has entered a binding agreement to acquire the high-grade Shafter Silver Project in Texas, featuring substantial existing infrastructure and a rich production history. The acquisition is backed by a $30 million capital raise and signals a strategic expansion into a premier US mining jurisdiction.

Memphasys Limited has announced a pro-rata entitlement offer to raise approximately $1.12 million, issuing new shares at $0.003 each with free attaching options, aiming to fund the commercialisation of its Felix™ system and strengthen working capital.

Lindsay Australia Limited has updated its dividend announcement to include the Dividend Reinvestment Plan (DRP) price at a 5% discount, confirming a fully franked ordinary dividend for the six months ending June 2025.

Gold Mountain Limited has voluntarily suspended trading on the ASX pending an announcement that will update the issue price of a recent capital raising placement.

Cann Group Limited has extended the expiry of its NAB debt facilities by two weeks, providing a brief but vital window to advance its refinancing plans.

G11 Resources Limited has revised the timetable for its planned 10-for-1 security consolidation, affecting ordinary shares and multiple option classes with adjusted exercise prices and quantities.

Mont Royal Resources Ltd has lodged a replacement prospectus to raise between A$8 million and A$10 million, supporting its merger with Commerce Resources Corp and advancing critical minerals projects in Quebec, Canada.