Latest Dilution News

Anson Resources has secured backing from three Utah congressional representatives for its $85 million Department of Energy grant bids, targeting development of its Green River Lithium Project in Utah.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

GoldArc Resources has recorded its best grade control drilling results yet at the Mt Stirling Well deposit, reinforcing its resource model and advancing mine planning towards regulatory approval for mining commencement.

Venus Metals (ASX:VMC) is set to distribute 25 million Rox Resources shares to shareholders and signals a potential $35 million cash dividend following its Youanmi royalty sale.

Genesis Minerals has tabled a binding A$5.6 billion merger proposal for Vault Minerals, offering a mix of shares and cash that values Vault at a premium to a rival bid. The combined entity would dominate the Leonora-Laverton gold district with significant operational synergies and a strong balance sheet.

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.

Dataworks Group has arranged a $1.5 million unsecured working capital facility with a three-month term and 18% interest, aiming to strengthen liquidity and support ongoing and new commercial contracts without diluting equity.

Excite Technology Services has raised $3.26 million through a share placement priced at 0.6 cents each, accompanied by free-attaching options pending shareholder approval. The Managing Director will convert $500,000 of debt into equity on matching terms.

Enlitic has locked in binding commitments for a conditional A$15 million capital raise alongside a convertible note conversion, setting the stage for a clearer path to cashflow break-even and accelerated rollout of its SaaS platform.

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.

Atlas Arteria has lodged its seventh supplementary target’s statement, reinforcing the Independent Directors’ unanimous recommendation to reject IFM Global Infrastructure Fund’s takeover offer. The statement highlights the strategic rationale behind settling a US$100 million put option with Ontario Teachers’ Pension Plan and outlines risks tied to IFM’s majority ownership.

Sabre Resources (ASX:SBR) has lodged a prospectus offering up to 530 million new options, aiming to clear trading restrictions and raise capital for exploration and acquisitions.