Latest Institutional Placement News

Felix Group Holdings has opened a non-underwritten share purchase plan seeking up to A$1 million from eligible Australian and New Zealand shareholders at A$0.038 per share. The offer gives investors access to the same price paid under the institutional placement, but leaves the final amount raised and any scale-back uncertain.

Stakk Limited (ASX:SKK) delivered a sharp FY2026 revenue increase and moved to audited operating profitability, but its next test is considerably larger: integrating ParaScript while servicing new debt and converting contracted revenue into cash. The company is targeting A$55.2 million of pro forma revenue and A$18.5 million of EBITDA in FY2027.

Black Rock Mining has advanced early works at its Mahenge graphite project, but the annual report warns that securing approximately US$298 million of project funding by November is critical to its survival as a going concern. The company ended FY2026 with A$4.7 million in cash and an A$7.6 million net loss.

Manuka Resources has moved its Wonawinta and Mt Boppy restart from planning towards production, but its FY26 annual report carries a qualified audit opinion and warns of material uncertainty over its ability to continue as a going concern. The company recorded no sales revenue, a $28.1 million loss and $26.1 million of operating cash outflows.

Altair Minerals finished 2026 with A$33.7 million in cash after major equity raisings, giving it room to pursue a large Greater Oko drilling campaign in Guyana. The balance-sheet improvement came alongside a wider A$4.81 million loss, substantial dilution and an unresolved dispute with BHP over Olympic Domain.

Clarity Pharmaceuticals is approaching pivotal Phase III readouts for its prostate cancer imaging agent, backed by AUD178.3 million in liquid assets. The radiopharmaceutical developer remains deeply loss-making, but expanded manufacturing capacity and early clinical signals are pulling its commercial ambitions into sharper focus.

Vection Technologies delivered its first positive full-year operating cash flow and a sharp rise in adjusted EBITDA in FY26. Yet the audited report warns that continued operations depend on stronger sales, margin gains, cost reductions and potential access to further capital.

Strickland Metals has lifted its Rogozna resource to 9.25 million ounces of gold equivalent, but the exploration company also reported a A$10.39 million FY2026 loss. The cash balance rose sharply after a A$55.11 million placement as the company prepares for studies, permitting and a leadership transition.

Barton Gold has moved deeper into development after raising $40.9 million, completing its largest-ever drilling campaign and ending FY2026 with $31.9 million in cash. The progress came alongside a $22.4 million loss as spending accelerated across Tunkillia, Challenger, Tolmer and Wudinna.

Resolution Minerals has turned Horse Heaven into the centre of its strategy, pairing broad gold drilling with high-grade antimony and tungsten test work. The expansion came with a sharply higher A$53.3 million FY2026 loss and a disclosed dependence on future funding.

Gratifii narrowed its FY26 net loss to $7.56 million, but continued cash burn, a $4.04 million net current liability deficit and an auditor warning leave its growth strategy dependent on fresh execution and funding. The ASX-listed loyalty technology company is also pursuing acquisitions and a $5 million Marketplacer investment whose benefits have yet to reach reported earnings.

Metallium has moved Flash Joule Heating from tiny laboratory tests to multi-reactor campaigns in Texas, backed by feedstock contracts, offtake and A$125 million raised during FY2026. Yet the ASX-listed group remains pre-revenue, lost A$42.8 million and says continued access to funding is a material uncertainty.