Latest Funding And Capital News

Eildon Capital Group has recommended that securityholders accept Samuel Terry Asset Management’s unsolicited $0.875 per security takeover offer, which represents a 24% premium to recent trading prices. An independent expert has deemed the offer fair and reasonable, but uncertainties remain around board composition and liquidity post-offer.

St Barbara Limited has raised A$58 million through an institutional placement to fund key growth initiatives including the Simberi mobile fleet expansion and the 15-Mile Processing Hub pre-feasibility study.

Aguia Resources Limited has announced a non-renounceable entitlement issue to raise up to $4 million, offering new shares at 2.7 cents each alongside free options exercisable at 3.5 cents. The capital raise aims to fund key exploration projects in Brazil and Colombia.

Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.

Orion Minerals has expanded its capital raising from $5 million to $7.7 million, reflecting robust demand from sophisticated investors. The company plans to issue approximately 515 million shares at 1.5 cents each.

360 Capital Mortgage REIT has successfully completed a $8.5 million entitlement and shortfall offer, positioning itself for growth through new loan investments. The capital raise may also enhance trading liquidity for unitholders.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

TT Investments, led by 360 Capital’s Executive Chairman Tony Pitt, has launched an unconditional off-market takeover bid for 360 Capital Group at an improved price of A$0.31 per security, signaling potential delisting and operational overhaul.

Beonic Ltd has raised $4.27 million through convertible notes to fund its product development, repay upcoming debt, and advance its North African Airport Project.

360 Capital REIT is conducting due diligence on a $10 million structured equity investment in a newly completed Sydney apartment complex, with potential earnings benefits and no planned capital raising.

Nimy Resources has launched a $2.5 million Share Purchase Plan offering shares at a 15.28% discount to eligible shareholders, aiming to accelerate copper exploration and finalize a gallium resource.

Scout Security reports a significant 48% reduction in operating cash outflows for the June quarter, while holding just $78,000 in cash and advancing talks to acquire Roo Inc. The company is navigating funding challenges amid an ongoing ASX trading suspension.