Latest Entitlement Offer News

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Klevo Rewards Limited has initiated a non-renounceable entitlement offer to raise up to $4.1 million by issuing new shares at $0.009 each, inviting existing shareholders to participate by 1 October 2025.

Amplitude Energy Limited has announced a fully underwritten $150 million equity raising to fund the expansion of its East Coast Supply Project (ECSP+) and the potential restart of the Patricia Baleen gas field, aiming to boost gas supply in Australia’s constrained east coast market.

Amplitude Energy is expanding its East Coast Supply Project by adding a fourth well at the Nestor prospect and plans a potential restart of the Patricia Baleen field, supported by a $150 million equity raising to fund these growth initiatives.

Altamin Limited has successfully closed the institutional tranche of its 45-for-100 entitlement offer, raising $3.43 million with full participation from its major shareholder, the Victor Smorgon Group. The retail offer opens on 29 September, presenting shareholders with a chance to invest at the same price.

Thrive Tribe Technologies is raising up to A$618,736 through a discounted entitlement offer to existing shareholders in Australia, New Zealand, and Malaysia. The capital raise aims to bolster working capital and cover offer expenses.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

Altamin Limited has launched a $6.46 million accelerated entitlement offer, strongly supported by its largest shareholder, to fund development at its Lazio and Gorno projects. The capital raise aims to advance exploration and maintain operational readiness amid strategic options for Gorno.

Xamble Group Limited has successfully closed a partially underwritten rights issue, raising approximately A$1.36 million to accelerate its digital marketing platform expansion in Southeast Asia.

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Vulcan Steel has successfully closed its entitlement offer, raising A$87.1 million to fund the strategic acquisition of Roofing Industries Limited. The retail shortfall bookbuild sold shares at a premium, rewarding shareholders who did not fully participate.

Vulcan Steel has successfully closed its retail entitlement offer, contributing to a total capital raise of approximately A$146.5 million. The new shares will begin trading next week, marking a significant step in the company’s growth trajectory.