Latest Entitlement Offer News

DTI Group has locked in a $1.25 million loan from major shareholder Finico and secured a full underwriting commitment for a $2.69 million entitlement offer, positioning the company for near-term capital strengthening.

Bounty Oil and Gas NL reported steady progress in Queensland oil production and development, increasing reserves to 313,000 barrels, while pursuing a Federal Court review of the PEP 11 offshore permit refusal. The company also completed a modest $231,000 entitlement offer to support ongoing exploration and development.

Norwest Minerals Limited has launched a $4.85 million entitlement offer to fund an aggressive drilling campaign and mining option review at its Bulgera Gold project, aiming to significantly expand its gold resource amid soaring gold prices.

Helios Energy has confirmed significant contingent resources at its Presidio Project in West Texas, supported by new technical partnerships and a strengthened leadership team. The company raised $4.3 million to advance its development plans amid a shifting US energy landscape.

Rapid Lithium Ltd completed a $2 million entitlement capital raising and progressed key US and Canadian projects targeting lithium and strategic metals amid shifting global supply dynamics.

Cosmo Metals has completed the acquisition of the Bingara and Nundle gold-antimony-copper projects in NSW and progressed exploration at its Kanowna Gold Project in WA, supported by a $1.1 million capital raise.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

AUCyber Limited reported a decline in Q3 FY25 cash receipts amid strategic rationalisation and a completed takeover by 5G Networks Limited, which now controls nearly 90% of shares. The company also refreshed its leadership and raised $2.75 million through an entitlement offer.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

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.