Latest Entitlement Offers News

Mayfield Childcare has completed a fully subscribed entitlement offer, raising approximately $3 million to support its ongoing operational turnaround.

Alliance Aviation Services has completed the institutional portion of its $40 million equity raise, securing $33 million to support its turnaround and debt reduction efforts. The retail entitlement offer opens in early September.

Heavy Rare Earths Limited (ASX:HRE) has opened a non-renounceable entitlement offer to raise approximately $728,000, offering shareholders new shares at 2.8 cents each plus free options exercisable at 6 cents.

Alliance Aviation Services posted a statutory loss of $90.9 million in FY2026, driven by a $164.8 million impairment on its Fokker fleet, while underlying profit remained within guidance. The company is realigning around core FIFO operations, fleet renewal, and cost discipline, supported by a $40 million equity raise and revised Qantas wet lease terms.

L1 Gold Fund Limited (ASX:LGF) has completed a major capital raising, securing A$254.9 million through institutional placement, entitlement, and shortfall offers. Founders Mark Landau and Raphael Lamm fully subscribed, underscoring confidence in the gold sector amid ongoing market volatility.

WAM Income Maximiser has secured $172.4 million through a multi-part capital raise, increasing its assets by more than half and maintaining a strong fully franked dividend yield.

Piche Resources completed a $2.53 million entitlement offer, raising $728,324 from shareholders, with the underwriter stepping in to cover a $1.85 million shortfall. New shares and options are set to trade from 31 August 2026.

Big River Industries (ASX:BRI) reversed a $14.8 million loss in FY25 to a $4.9 million profit in FY26, driven by margin expansion and the acquisition of Johns Building Supplies. The group targets double-digit EBITDA growth in FY27 amid mixed market conditions.

WAM Income Maximiser has completed a $172.4 million capital raise, expanding its assets by more than half to around $500 million within 18 months of listing, while maintaining a strong fully franked dividend yield.

Piche Resources Limited has had its PR2OA security class suspended from trading by the ASX until it meets specific listing requirements, affecting only this class of securities.

Toubani Resources has received the initial US$25 million drawdown under its Gold Stream agreement with Eagle Eye Asset Holdings, marking a crucial step in advancing the Kobada Gold Mine towards production in 2027.

L1 Gold Fund Limited (ASX:LGF) reported a $71.1 million net loss in its inaugural reporting period, dragged down by a sharp gold price decline and sector volatility. The fund outperformed peers with a -10.9% portfolio return and announced a $160 million placement and entitlement offer at $2.25 per share.