Latest Funding News

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.

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.

Legacy Minerals has kicked off an 885m drilling campaign at McMahons Reef within its Harden Gold Project, funded by Hill Tops Gold under a joint venture. Meanwhile, Rio Tinto Exploration has withdrawn from the Thomson Project, returning 100% ownership to Legacy Minerals.

Microba Life Sciences has voluntarily suspended trading of its shares from 5 June 2026, ahead of a material capital raise and an update on its path to break even, expected by 11 June.

EBR Systems has secured A$106.4 million through a fully underwritten institutional placement and entitlement offer, positioning the company for further commercial expansion of its wireless cardiac pacing technology.

Quinbrook Asset Management has lodged an application with the Takeovers Panel alleging undisclosed associations and breaches of funding consultation obligations at Kingsland Minerals. The dispute centers on a contested term sheet for acquiring exploration licences from Bacchus Resources.

Almonty Industries has announced a $700 million convertible senior notes offering due 2031, aiming to refinance existing debt and fund corporate initiatives amid rising tungsten demand.

Atlas Arteria has lodged its second supplementary target's statement, maintaining its firm recommendation to reject IFM’s conditional takeover offer despite an extension of the bid period to 18 June 2026.

Centuria Industrial REIT (ASX: CIP) has declared a steady quarterly distribution of 4.20 cents per unit for the June 2026 quarter, with its Distribution Reinvestment Plan remaining suspended.

Perpetual Limited is set to acquire a majority stake in loan servicing technology firm Interfi Systems, enhancing its Corporate Trust division’s digital capabilities while targeting a 15% reduction in gross debt by June 2026.

Nex Metals Explorations has finalised the sale of its 20% stake in the Yundamindra and Kookynie Gold Joint Venture to Arika Resources, securing $0.5 million in net cash and a significant shareholding. The move clears joint venture funding obligations and redirects capital towards advancing its Kookynie Tailings Project and Egyptian exploration.

Silver Mines has locked in a $7.56 million capital raise by entering an underwriting agreement with Petra Capital to cover the exercise of nearly 63.2 million unlisted options expiring mid-June.