Latest Initial Public Offering News

Triangle Energy is set to spin out its Philippine oil and gas assets into a new ASX-listed company, Tetragon Energy, offering shareholders direct exposure to promising Asian resources.

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.

Rincon Resources has agreed to sell its Laverton assets to Galleon Metals, receiving shares in return, while preparing to sell or joint venture its West Arunta project as it concentrates on its Telfer South and Crackerbox projects.

Orezone Gold Corporation reported a robust 33% increase in revenue for FY2025, underpinned by higher gold prices and the start of hard rock production at Bomboré. The company also announced a strategic acquisition of the Casa Berardi gold mine in Canada.

Advanced Energy Minerals reports a sharp revenue increase alongside a substantial net loss for 2025, completing a major plant expansion and raising $44.8 million in its IPO.

Epiminder Limited has reported a $21.7 million loss for the half-year ending December 2025, alongside a successful $125 million IPO that fuels its commercialisation of the FDA-approved Minder epilepsy monitoring device.

Eastern Gas Corporation Limited is set to raise $5.5 million through an IPO to fund drilling and flow testing at its Queensland gas exploration permits, aiming to prove commercial viability in the Surat and Cooper Basins.

Amaero Ltd has announced plans to re-domicile from Australia to the United States, aiming to tap into larger capital markets and position itself for a potential US IPO by late 2026 or early 2027. The move retains its ASX listing while opening doors to broader investor pools and strategic growth opportunities.

Computershare has reported a 12% increase in EBIT excluding Margin Income for 1H26, alongside a 22% rise in its interim dividend, demonstrating resilience in a lower interest rate environment. The company also upgraded its FY26 EPS guidance, reflecting confidence in ongoing earnings growth.

Carma Limited has reported a surge in vehicle sales and revenue in its latest quarterly report, alongside a successful $100 million IPO that strengthens its growth trajectory.

Right Resources Limited has successfully listed on the ASX, raising $10 million through an oversubscribed IPO and progressing exploration at its flagship Pilot Project with a maiden diamond drilling program underway.

Desert Minerals Limited has successfully listed on the ASX following a $5 million IPO and is progressing exploration preparations for its gold and lithium projects in Australia and the USA. The company is set to commence drilling in early 2026, backed by a strong cash position and a cornerstone investment from Snow Lake Energy.