Latest Convertible Debt News

Terramin Australia Limited has announced a pro-rata non-renounceable rights issue to raise approximately $38.3 million, partially underwritten by major shareholder Asipac Group Ltd. The capital raise aims to fund key project developments and repay debt, while potentially diluting existing shareholders and increasing Asipac’s voting power.

Assetora Limited disclosed a $341,000 net operating cash outflow for the September 2025 quarter, supported by $1.6 million in total available funding including cash reserves and financing facilities.

Savannah Goldfields reported a challenging quarter with significant cash outflows but bolstered its position through a $15 million equity raise, setting the stage for a planned restart of gold production.

Orion Minerals reported a net cash outflow of A$3.1 million for the September 2025 quarter but has secured an $8.6 million capital raise post-quarter to support ongoing project development and operations.

BCAL Diagnostics has launched a $10 million convertible note facility, with $5 million already committed, to strengthen its capital position and accelerate commercialisation of its cancer detection technologies.

Mesoblast Limited reports a 69% jump in net revenues from its pioneering cell therapy Ryoncil in Q1 FY2026, propelled by expanded physician adoption and new reimbursement pathways. The company also secures convertible note funding and plans pivotal adult trials.

Horizon Minerals reported a robust operating cash inflow of A$6 million for Q3 2025, lifting its cash reserves to A$34.4 million. The company also reduced its convertible loan facility balance through partial conversions, maintaining strong liquidity for ongoing exploration.

Multistack International Limited reported a net operating cash outflow of A$180,348 for the September quarter but maintains robust cash reserves of A$1.33 million. The company is planning a strategic disposal of its shares in Multistack Australia, signaling a potential shift in its operational focus.

AuKing Mining advances its strategic acquisition of Orion Resources and the Cloncurry Gold Project while securing a $5 million loan facility and progressing exploration across multiple continents.

Ryzon Materials has agreed to capitalise its entire secured debt by issuing shares and options, a move that could reshape its capital structure and support progress on its Nachu graphite project.

Noble Helium has refinanced its convertible note facility by securing a $1.46 million loan from a shareholder, simplifying its capital structure and boosting working capital.

Vinyl Group has finalized an equity conversion agreement with Songtradr, extinguishing nearly $2 million in liabilities and gaining full control of the Vinyl.com domain. This move strengthens the company’s balance sheet and sets the stage for its FY26 growth ambitions.