Latest Entitlement Offer News

European Resources Limited has announced promising metallurgical beneficiation outcomes from its Korsnäs rare earths project in Finland, advancing the development of an integrated processing flowsheet under the EU-funded REMHub program.

KMD Brands has successfully completed a $44.2 million institutional equity raise as part of a larger $58.5 million entitlement offer, setting the stage for its retail offer opening next week.

Horizon Gold has successfully closed its $10.2 million entitlement offer, achieving an 85% subscription rate and fully placing the remaining shortfall, bolstering its capital position.

Syrah Resources has opened its retail entitlement offer to raise approximately A$104 million, supported by strategic funding proposals from US and Australian government-linked entities. The capital raise aims to underpin the ramp-up of its Balama graphite mine and Vidalia anode material facility.

Alliance Nickel Limited (ASX:AXN) has launched a non-renounceable entitlement offer to raise approximately A$4.15 million, aiming to fund capital cost optimisation for its NiWest Nickel-Cobalt Project and support general working capital.

KMD Brands has reported solid half-year growth and launched a $65.3 million equity raising alongside debt refinancing to support its Next Level transformation strategy.

Syrah Resources has successfully closed its institutional entitlement offer, securing A$44 million at a share price of 10.5 cents, with the retail offer now open to shareholders. This capital raise aims to strengthen the company’s financial position as it advances its graphite and anode material operations.

Syrah Resources announces a major A$104 million equity raising alongside strategic funding proposals from US government bodies and AustralianSuper, aiming to strengthen its balance sheet and accelerate production at its Balama and Vidalia facilities.

Reach Resources Limited has announced a pro-rata entitlement issue aiming to raise up to $3.15 million to fund exploration and working capital, with key directors and the CEO committing to participate.

KMD Brands Limited has announced plans for a capital raise via placement and AREO, coinciding with its upcoming half-year financial results. The company has requested a trading halt as it finalises the terms.

Emu NL has announced a pro-rata non-renounceable rights issue aiming to raise approximately $3.67 million, offering new shares with free attaching options to eligible shareholders. The capital raise will primarily fund exploration activities at its Queensland projects and strengthen working capital.

Bapcor has completed its retail entitlement offer, raising A$43.5 million as part of a broader A$200 million equity raising aimed at reducing debt and boosting financial flexibility.