Latest Equity Raise News

Acrow Limited (ASX:ACF) is set to expand its Industrial Access and Construction Services footprint with a $54.5 million acquisition of Ausgroup and Preston SuperDeck, funded by a fully underwritten $70 million equity raise and a $10 million share purchase plan. The company also upgraded its FY27 revenue and EBITDA guidance by 21% and 15% respectively.

Great Southern Mining (ASX: GSN) is embarking on its largest drilling campaign to date at its Western Australian gold projects, aiming to extend mineralisation at Golden Boulder, Amy Clarke, and Mon Ami. Recent diamond drilling has revealed deeper gold potential, underpinning the aggressive program.

Frasers Group has initiated an unconditional on-market takeover bid for Accent Group at $0.65 per share, aiming to increase its stake beyond 22.9% amid concerns over Accent’s recent financial performance and strategic direction.

The GPT Wholesale Shopping Centre Fund is set to deepen its retail property exposure with a $1.2 billion acquisition of interests in two major super-regional shopping centres, Sunshine Plaza and Macarthur Square. This move leverages recent capital raises and underlines GPT's strategy to scale through partnerships.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.

Larvotto Resources will acquire Hammer Metals in a $55 million scheme delivering a 64% premium, while Hammer shareholders retain exposure to Western Australian gold assets through a demerger.

ImpediMed has successfully closed an oversubscribed Share Purchase Plan, raising $2.1 million following a $13.2 million institutional placement. The strong shareholder response underscores confidence ahead of a key shareholder vote.

Rox Resources has secured a fixed-cost EPC contract for its Youanmi processing plant while accelerating underground mining fronts and stockpile development, keeping first gold pour on track for mid-2027.

Peninsula Energy has executed a definitive agreement for a US$30 million senior secured convertible note facility with an affiliate of Soul Patts, advancing its financing strategy for the Lance Uranium Project in Wyoming.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raising, supplemented by a US$30 million convertible debt facility, bolstering its financial firepower as it ramps up uranium production at its Lance Project.

SPC Global has finalised its $100 million entitlement offer, allocating most shortfall shares to sub-underwriters and positioning the company to reduce debt and support growth.

Frontier Energy has locked in firm commitments for a $110 million equity raise to fund Stage One of its Waroona solar-battery project, advancing alongside senior debt financing and contract finalisations.