Latest Dilution News

Pioneer Lithium Limited has halted trading of its shares pending a significant announcement about a material acquisition and capital raising, signaling a pivotal moment for the company.

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Myer Holdings has completed its strategic acquisition of Just Group, adding five key apparel brands to its portfolio and issuing 890.5 million new shares to Premier Investments.

Dropsuite Limited posted a standout quarter with a 37% rise in annual recurring revenue and a 42% jump in paid users, underscoring the strength of its partner ecosystem and product innovation.

Fortescue Ltd has initiated an off-market takeover bid to acquire Red Hawk Mining, offering up to A$1.20 per share, representing a substantial premium. The move aims to consolidate Fortescue’s iron ore assets in Western Australia’s Pilbara region.

Empire Energy has successfully drilled its longest well to date, secured a $65 million financing package, and received environmental approval for its Carpentaria Pilot Project, setting the stage for first gas deliveries later in 2025.

EMVision Medical Devices reports strong progress in clinical trials for its emu™ Bedside Scanner, backed by robust cash reserves and strategic non-dilutive funding. The company is poised to commence pivotal FDA validation trials, marking a key step toward commercialisation.

Kincora Copper Limited has unveiled an updated investor presentation outlining its aggressive push towards Tier-1 copper-gold discoveries, backed by over $60 million in partner funding and ramped-up drilling programs across New South Wales and Mongolia.

Energy Transition Minerals Ltd has issued a prospectus offering up to 68.75 million free-attaching quoted options to placement participants as part of a $9.35 million capital raising. The options, exercisable at $0.12 and expiring in 18 months, aim to support expansion in Greenland and project development despite ongoing litigation risks.

MEC Resources has moved to place remaining shortfall shares and options following its recent entitlement offer, signaling a continued push to strengthen its capital base.

Flagship Investments Limited has released its quarterly report confirming a stable loan-to-value ratio of 19.77% and full compliance with regulatory requirements for the period ending December 2024.

Noble Helium has selected three initial drill sites in its North Rukwa Project in Tanzania, backed by significant helium detections and a flexible funding package including convertible notes and an equity facility. However, drilling has been deferred due to seasonal rains.