Latest Dilution News

Recce Pharmaceuticals has locked in a non-dilutive A$30 million debt facility with Avenue Capital Group, extending its cash runway to support pivotal Phase 3 trials and commercialisation of its synthetic anti-infective R327G.

Patrys Limited has formalized the redundancy of CEO Dr James Campbell, with a $535,877 payout partly converted into shares pending shareholder approval. Dr Campbell will continue as a non-executive director.

Meteoric Resources has partnered with MTM Critical Metals to apply innovative Flash Joule Heating technology, significantly upgrading the value of rare earth elements from its Brazilian Caldeira Project. This collaboration aims to create a scalable supply of critical magnetic rare earths for Western industries.

Vanadium Resources Limited has signed a non-binding MoU with China Precious Asia Limited to supply 1.2 million tonnes per annum of vanadium-rich magnetite ore, marking a strategic step toward near-term production and early cashflow generation from its Steelpoortdrift project.

New Frontier Minerals has completed a $1.59 million share placement, issuing over 142 million new shares to fund its key exploration projects in rare earths and copper.

Koba Resources has completed a $600,000 placement of shares at 3.6 cents each, sweetened with free options exercisable at 8 cents until mid-2028. The move strengthens the company’s capital base without triggering extensive disclosure requirements.

BluGlass Limited has extended the closing date of its Share Purchase Plan to 18 June 2025 and introduced a New Commitment Offer to secure up to $1.5 million if initial subscriptions fall short of $6 million.

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.

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Butn Limited has raised $20 million through a $10 million equity placement and a $10 million credit facility, positioning the fintech for expanded growth in SME funding.

Hazer Group has raised A$8 million through a share placement and launched a A$2 million Share Purchase Plan to accelerate its clean hydrogen and graphite technology commercialisation.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.