Latest Fund Strategy News

PARKD Limited has completed the first tranche of its $0.78 million placement, issuing over 20 million shares at 3 cents each, while launching a Share Purchase Plan for existing shareholders.

Imagion Biosystems has completed the second tranche of its $3.5 million placement, raising $2.85 million to advance its proprietary MagSense® imaging technology targeting breast, prostate, and ovarian cancers.

Strike Energy has successfully completed a A$36 million capital raise through a strategic placement and share purchase plan, setting the stage for critical project developments and exploration activities.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

The Lion Series 2020-1 Trust has completed the redemption of its $920 million Class A1 floating rate notes, leading to their suspension and removal from the ASX official list.

Genmin Limited advances its Baniaka iron ore project with PowerChina’s subsidiary Sinohydro submitting engineering and construction proposals that suggest potential capital cost reductions. Parallel funding discussions with Chinese partners are also progressing.

Noxopharm Limited has secured an extension on $2.6 million of convertible notes and obtained a $1.25 million unsecured loan to bolster working capital, pending shareholder approval.

Scout Security reports a 52% jump in quarterly cash receipts and a 31% reduction in operating outflows, while advancing plans to acquire New York’s Roo Inc.

FSA Group Limited has priced its second asset-backed securities deal, raising $300 million secured by automobile and equipment receivables. The transaction, arranged by National Australia Bank, signals growing momentum in the company's securitisation strategy.

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Fat Prophets Global Contrarian Fund has successfully closed its Share Purchase Plan, raising nearly $1 million from existing shareholders. The capital injection will see over 740,000 new shares issued at a modest discount.

Highfield Resources has terminated its agreement with Yankuang Energy, opening the door to new strategic funding options for its flagship Muga Potash Project in Spain.