Latest Dilution News

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.

The Supreme Court of Western Australia has approved Genesis Minerals’ acquisition of Magnetic Resources, setting a clear timetable for scheme implementation and ASX trading suspension.

Spenda Limited (ASX:SPX) has kicked off an $8.545 million accelerated entitlement offer at a steep discount, aiming to strengthen its balance sheet, reduce debt, and support its strategic reset towards profitability.

DXN Limited has secured A$7 million from institutional investors to fund delivery of its maiden AI HPC modular data centre contract and expand manufacturing capacity in Southeast Asia.

Thor Energy’s latest soil air geochemistry survey at its HY-Range Project in South Australia has recorded natural hydrogen concentrations up to 3%, far surpassing previous readings and validating key exploration areas ahead of a major seismic survey.

Raiden Resources has struck a binding deal with Forgent PLC to potentially sell an 80% stake in its Mt Sholl nickel-copper-PGE project, while retaining a 20% free-carried interest. The transaction could inject over A$1 million in cash and shares, aligning with Raiden’s strategy to streamline its portfolio and focus on core assets.

Hartshead Resources held a pivotal scheme meeting on 8 June 2026 to approve ACAM GP Limited’s acquisition offer, featuring a 133% premium and unanimous board support. The outcome now hinges on final court approval.

Burley Minerals has closed its Share Purchase Plan (SPP) after receiving applications beyond the $300,000 target, following a recent $700,000 placement. The company may scale back or accept all applications at its discretion, with shares expected to be issued on 12 June 2026.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

Almonty Industries has announced a $700 million convertible senior notes offering due 2031, aiming to refinance existing debt and fund corporate initiatives amid rising tungsten demand.

InFocus Group Holdings is streamlining its software development operations by divesting Prodigy9 and consolidating under Onify, aiming for immediate cost savings and a leaner, AI-native delivery model.