Latest Entitlement Offer News

Gold Mountain Limited reports robust exploration progress across its Brazilian portfolio, confirming high-grade rare earth element mineralisation and defining multiple lithium drill targets, supported by a $3.05 million capital raise.

Burley Minerals has completed maiden drilling at its Cane Bore Iron Project with assay results due soon, while securing $1 million in fresh capital to accelerate exploration in Western Australia’s Pilbara region.

Key Petroleum has submitted eight PCA applications in Queensland and launched a rights issue to raise A$312,225, aiming to fund both domestic development and international expansion despite a cash balance of just A$20,000 at quarter-end.

Bettr Entertainment Limited has launched a $130 million fully underwritten capital raising through a pro-rata entitlement offer and institutional placement, aiming to strengthen its financial position without materially affecting company control.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet Holdings Limited and advance a superior takeover proposal. The move aims to create a leading Australian wagering operator with significant cost synergies and a clear path to ASX 300 inclusion.

betr Entertainment Limited has unveiled a revised $360 million proposal to acquire PointsBet Holdings, backed by a $130 million fully underwritten equity raise and promising $40 million in annual synergies. The offer aims to outmaneuver a competing bid, delivering enhanced funding certainty and operational scale.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

Orbminco Limited has successfully closed its entitlement offer, raising $0.23 million, while planning to place a significant shortfall of 852 million shares within the next three months.

PhosCo Ltd has solidified its position as a global fertiliser contender by securing full ownership of the Gasaat Phosphate Project in Tunisia and initiating a $5 million entitlement offer, while also engaging the EBRD for a potential strategic investment.

WA Kaolin Limited has ramped up production with new classifiers, achieving record sales and securing a $7 million capital raise, while expanding its footprint in the Chinese market.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.