Latest Dilution News

Koba Resources has successfully raised $442,560 through its recent Entitlement Offer, issuing over 12 million new shares and 6 million options to fund exploration at its Yarramba Project.

Lanthanein Resources Ltd is raising $2.1 million through a fully underwritten entitlement offer, proposing a 30, 1 share consolidation and a rebrand to Fortuna Metals Ltd. The capital raise aims to fund exploration and working capital, but will dilute existing shareholders by approximately 50% if they do not participate.

Metallium Ltd, formerly MTM Critical Metals, has upgraded its U.S. listing to the OTCQX Best Market, enhancing investor access and aligning with its expanding U.S. operations including a new Texas commercial site.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Alma Metals has completed a $388,000 placement of nearly 97 million shares following its recent rights issue, issuing a cleansing notice to confirm regulatory compliance.

Magnum Mining & Exploration Limited has successfully closed its recent capital raising, securing nearly $2.4 million through a combination of entitlement offer shortfall placement and an additional share placement.

Brightstar Resources has unveiled a robust feasibility study for its Laverton-Menzies gold projects, targeting 70,000 ounces per annum and a pre-tax NPV of AUD 316 million. The study outlines a clear path to production ramp-up and strategic funding plans.

AuKing Mining has raised $1.177 million through a two-tranche share placement and signed a $5 million convertible loan facility with RiverFort Global Capital to support its Cloncurry Gold Project acquisition and development.

Trigg Minerals has raised A$12.5 million from institutional and strategic investors to accelerate development of its Antimony Canyon Project in Utah, positioning itself as a key supplier in the US critical minerals market amid soaring antimony prices.

Macarthur Minerals has updated the timetable for its pro-rata renounceable rights issue, providing shareholders with more time to participate in the A$2 million capital raise. The offer terms remain unchanged as the company awaits regulatory approval for a supplementary prospectus.