Latest Convertible Notes News

Manuka Resources is progressing financing to restart its Wonawinta silver processing plant and is evaluating a promising gold cut-back at Mt Boppy to boost its Cobar Basin production plan.

The Star Entertainment Group is asking shareholders to approve a $400 million strategic investment package critical to its survival, involving convertible notes from Bally's and its largest shareholder. This move aims to secure the company’s future amid ongoing legal challenges and financial strain.

GBM Resources secures $13 million through a strategic placement, repays $6.2 million in debt, and restructures its board to accelerate exploration in the Drummond Basin. The company also regains full ownership of the Twin Hills gold asset, positioning itself for growth.

Noble Helium Limited has responded to ASX inquiries about recent unusual trading activity, attributing it to ongoing convertible note amendment negotiations but denying undisclosed information influenced the market.

Noble Helium has amended its convertible note terms with Obsidian Global, postponing share conversions until refinancing or September 2025, while issuing new shares and options as part of a strategic turnaround.

Riedel Resources launches a $1.3 million capital raise through a two-tranche placement and a Share Purchase Plan to advance its high-grade Kingman Gold Project in Arizona.

QMines is set to complete its acquisition of the high-grade Mount Mackenzie Gold and Silver Project, boosting its resource base and planning a maiden drilling program to unlock further value.

NEXION Group has issued 800,000 convertible notes to raise $80,000, aiming to fund costs related to a proposed acquisition. The notes carry a 10% interest rate and may be repaid in cash or converted into shares and options, pending shareholder approval.

X2M Connect Limited has secured $1.95 million through a share placement and convertible note conversion, aiming to strengthen its balance sheet and accelerate growth in AI and IoT sectors.

Linius Technologies secures $3.3 million through share placement and convertible notes, appointing former AFL CEO Andrew Demetriou to its board as it accelerates commercial momentum under new leadership.

Macarthur Minerals has clarified key details regarding its recent convertible note funding, confirming the counterparty is an independent entity and highlighting the need for shareholder approval before issuing shares on conversion.

Aguia Resources has locked in $750,000 through convertible notes to bolster working capital, pending shareholder approval expected in mid-July. The notes carry a 10% interest rate and come with free options, signaling cautious optimism about the company’s near-term funding needs.