Latest Convertible Loans News

Peninsula Energy has completed a fully underwritten A$36.1 million equity raise backed by institutional investors including Washington H. Soul Pattinson, alongside a US$30 million convertible note facility to support its Lance Uranium Project ramp-up.

X2M Connect is accelerating its transition to a high-margin SaaS model while trimming debt and growing its footprint across Asia-Pacific and the Middle East.

Ava Risk Group posted a $6.1 million Q3 sales intake and secured a $7 million strategic investment to fuel US expansion, while geopolitical tensions delay some Middle East orders.

Vertex Minerals accelerated gold production at its Reward Gold Mine to 284 ounces in the March quarter, supported by underground rehabilitation, operational upgrades, and new funding facilities. The company also expanded its exploration footprint with the Dun Dun licence and is pursuing 24/7 underground mining approval.

Horseshoe Metals has unveiled a new copper Exploration Target of up to 3.6 million tonnes at its Motters Zone, while advancing Direct Shipping Ore operations supported by strong copper prices and precious metals credits.

C29 Metals is making a bold entry into Namibia’s Tier 1 Otavi Copper Belt through an 80% acquisition of a large copper-gold portfolio, backed by a $4.7 million capital raise and promising high-grade drill results.

Noble Helium has secured $12 million in a two-tranche placement to advance its North Rukwa helium project in Tanzania, positioning itself as a key player amid a global helium supply disruption caused by Middle East conflicts.

X2M Connect accelerated revenue growth in Q3 FY26 with a 67% increase, driven by strong demand in South Korea and new Australian smart community deals. The company’s capital raise and expanding customer base underpin its push into new markets despite ongoing cash burn.

Papyrus Australia (ASX: PPY) has secured $175,000 through a share placement alongside convertible note conversions and related party loans, aiming to fund commercialisation and fulfil a key contract for biodegradable Collar Keeper® products.

Peninsula Energy has won a Supreme Court ruling validating a contentious nearly 20 million share issuance from February despite prospectus lapses, prompting a request to lift its trading suspension.

Peninsula Energy has partially converted US$4.1 million of its convertible loan facility with Adare Finance, reducing its outstanding debt and issuing nearly 20 million shares at A$0.30 each. This transaction supports ongoing funding for the Lance Uranium Project restart and Reset Plan execution.

Orion Minerals secures a major milestone as South Africa’s IDC converts its loan into a significant equity stake in the Prieska Project, streamlining financing and advancing development plans.