Latest Dilution News

Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.

Viridis Mining and Minerals Limited has requested an immediate voluntary suspension of its shares pending a capital raising announcement, signaling a pivotal moment for the company.

Auswide Bank Ltd held a pivotal Scheme Meeting to decide on its acquisition by MyState Bank Limited, with directors unanimously recommending approval. Shareholders will exchange Auswide shares for MyState shares, creating a merged entity with shared ownership.

Marmota Limited has successfully secured $5 million through a placement to institutional investors, aiming to fast-track its exploration programs across titanium, uranium, and gold projects.

Catalyst Metals Limited is ramping up exploration in the historically underexplored Plutonic Gold Belt, aiming to boost annual gold production from 110,000 to 200,000 ounces. With a robust cash position and a $40 million drilling program underway, the company is poised to unlock significant new resources.

ResMed Inc. reported robust financial results for the quarter ended December 31, 2024, with a 10% increase in net revenue and a 65% jump in net income, driven by strong demand across its Sleep and Breathing Health and Residential Care Software segments.

Arizona Lithium Limited has secured $11 million through a strategic land sale, cleared Pad #3 for lithium production, and completed key drilling activities, while a court injunction temporarily halts exploration at its Big Sandy project.

Resources & Energy Group Limited (REZ) has resumed trial gold mining at its East Menzies Gold Project, focusing on the Maranoa deposit with a vat leach method. The company anticipates its first gold pour on February 1, 2025, marking a pivotal step toward sustained production.

Vanadium Resources Limited (VR8) reports ongoing strategic equity and offtake discussions with tier-1 partners for its Steelpoortdrift Vanadium Project, alongside cost reduction measures and progress on environmental approvals.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.

Environmental Clean Technologies Limited has formed a joint venture and launched field trials for its innovative COLDry lignite-nitrogen fertiliser, marking a pivotal step toward commercialisation and revenue generation.

Micro-X announces a strategic pivot towards medical imaging, anchored by a $25 million US government contract to develop a portable Full Body CT scanner, while discontinuing its Argus security operations to streamline costs.