Latest Equity Stake News

Delta Lithium has issued a formal correction disputing a $93 billion in-ground valuation of rubidium at its Mt Ida project reported by the Australian Financial Review, citing JORC Code compliance. The company urges investors to disregard the figure and requests resumption of trading.

Orion Minerals secures a major milestone as South Africa’s IDC converts its loan into a significant equity stake in the Prieska Project, streamlining financing and advancing development plans.

Buru Energy’s CEO Thomas Nador resigns due to health reasons, with interim leadership stepping in as the company advances its Rafael Gas Project.

Latrobe Magnesium has locked in a US$2 million non-dilutive prepayment from its US distribution partner to accelerate commissioning of its Demonstration Plant, aiming for first magnesium deliveries in late 2026.

Beacon Minerals has completed the sale of its MacPhersons Reward project to Forrestania Resources, receiving $5 million in cash and a substantial equity stake in Forrestania. This deal positions Beacon to sharpen its focus on core assets like the Lady Ida project while maintaining exposure to MacPhersons through its new shareholding.

Cobre Limited’s Chilean subsidiary has secured a majority stake and operational control of the Sierra Atacama Copper Project, setting the stage for potential full ownership through staged acquisitions and strategic governance changes.

APA Group has finalised the sale of its 20% stake in the Allgas Network, receiving $62 million as part of Stonepeak's full acquisition of GDI. This move aligns with APA's strategy to streamline operations and focus on growth.

Activeport Group’s GPU software partner Radian Arc has been acquired by Submer Technologies, creating a full-stack AI infrastructure powerhouse and unlocking fresh growth opportunities for Activeport.

Bailador Technology Investments is backing DASH Technology Group with an additional $5 million investment at a valuation below its current carrying value, reflecting cautious optimism amid market pressures.

WA Kaolin Limited has announced a $34.9 million recapitalisation plan involving a non-renounceable entitlement issue and debt conversion to strengthen its balance sheet and fund operational improvements at its Wickepin kaolin project.

Aguia Resources has completed the sale of its non-core Atocha Silver Project in Colombia, receiving the final C$1 million cash payment and fully divesting its interest. This move reflects a strategic shift to focus on near-term production assets and strengthens the company’s balance sheet.

Clime Investment Management has entered a strategic partnership to combine its advice business with a leading Australian financial advice group, retaining a significant equity stake and vendor financing role.