Latest Entitlement Offer News

Starpharma launches a fully underwritten $32 million entitlement offer to fund the Phase 1 trial of its DEP® HER2-Lutetium radiopharmaceutical and accelerate its targeted oncology asset development.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

WAM Active has posted a staggering 75.5% investment portfolio gain for FY2026, far outpacing benchmarks, and announced increased fully franked dividends including a special payout.

TZ Limited has completed a modest entitlement offer at 3 cents per share, raising approximately $121,000, but a significant shortfall of over 81 million shares remains unallocated. The company plans to place these shortfall shares within three months or let them lapse.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

Centuria Capital Group has completed the retail portion of its fully underwritten entitlement offer, adding $35 million to a prior $265 million institutional raise. The equity raise proceeds will support ongoing growth initiatives.

NEXTDC has secured an additional A$500 million in senior debt facilities, lifting its total available senior debt to A$8.7 billion. The upsized debt package supports ongoing data centre expansion and recent contract wins, reflecting strong lender confidence.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Spenda Limited has completed the retail shortfall bookbuild of its $8.545 million entitlement offer, raising $3.55 million to date with a $5 million shortfall remaining for allocation.

Somerset Minerals has dispatched its entitlement offer prospectus to shareholders, opening a non-renounceable offer from 9 July to 22 July 2026. The capital raising supports ongoing exploration at its Nunavut copper projects.

Alara Resources (ASX:AUQ) is seeking to raise $3.84 million through a pro-rata non-renounceable entitlement offer, partially underwritten by major shareholder ATI. The funds will primarily support exploration and working capital amid ongoing operational progress at its Oman copper projects.

Culpeo Minerals (ASX:CPO) has launched a pro-rata entitlement issue of approximately 198 million unlisted options, aiming to raise nearly A$500,000 to fund accelerated copper exploration in Chile. The options offer a low exercise price and long expiry, providing shareholders with leveraged exposure to the company’s drilling programs at El Quillay and Vista Montana.