Latest Funding And Capital News

La Trobe Financial Asset Management has launched a Distribution Reinvestment Plan (DRP) for its Private Credit Fund, offering unitholders a streamlined way to reinvest cash distributions into additional units without brokerage fees.

DTI Group has successfully closed a fully underwritten entitlement offer, raising $2.69 million to support its transit technology ambitions. The offer saw strong shareholder participation alongside a managed shortfall placement.

Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.

Zoono Group Limited has announced a pro rata non-renounceable rights issue aiming to raise approximately $1.78 million at $0.035 per share. The capital raise will support shelf-life extension projects, repay related party debt, and bolster working capital.

Zoono Group Limited is raising nearly $1.8 million through a non-renounceable rights issue to fund its supermarket shelf-life extension project in Asia and reduce related party debt.

New World Resources has agreed to an enhanced acquisition proposal from Central Asia Metals, including increased cash consideration and a strategic A$10 million placement to accelerate project development.

Zenith Minerals has opened a fully underwritten $3.5 million entitlement offer, inviting shareholders to subscribe for new shares with free attaching options, aiming to bolster its gold and lithium exploration projects.

Bastion Minerals Limited has announced a non-renounceable pro-rata rights issue to raise approximately $677,721 at a 50% discount to the last trading price. The funds will support ongoing project evaluation and working capital needs.

Investigator Resources has secured $4.3 million through a share placement to fund expanded drilling programs and advance its Paris Silver Project DFS in South Australia.

Boab Metals has raised A$6 million through a placement to advance its Sorby Hills lead-silver-zinc project, aiming to accelerate pre-development and exploration activities ahead of a final investment decision.

Peninsula Energy has resolved outstanding claims with its EPC contractor and is advancing a reset plan for its Lance uranium project, including revised production guidance and funding strategies.

AdNeo Limited’s shares are back on the ASX following the completion of a capital raising, ending a trading suspension that had investors waiting. The biotech company’s next moves will be closely watched as it seeks to leverage fresh funds.