Latest Institutional Placements News

L1 Gold Fund Limited (ASX:LGF) has completed a major capital raising, securing A$254.9 million through institutional placement, entitlement, and shortfall offers. Founders Mark Landau and Raphael Lamm fully subscribed, underscoring confidence in the gold sector amid ongoing market volatility.

FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.

GR Engineering Services secured $100 million through a heavily supported institutional placement priced at $6.10 per share, alongside a $10 million Share Purchase Plan for retail investors. The capital raise aims to bolster the balance sheet ahead of a busy contract delivery phase.

Acrux Limited reported a 46% revenue increase to $6.6 million in FY26, driven by US generic product royalties and licensing milestones, while narrowing its net loss by 90%. The company is pivoting towards developing a female testosterone therapy with encouraging Phase II data and active regulatory engagement.

Paladin Energy Ltd (ASX:PDN) reversed prior losses with a net profit of US$5.3 million in FY2026, driven by a strong ramp-up of uranium production at Namibia's Langer Heinrich Mine and regulatory progress at its Canadian Patterson Lake South Project.

AUB Group delivered a robust FY26 with 12.2% underlying NPAT growth to $224.6 million, driven by strong international and domestic performances, and completed its strategic UK Prestige acquisition. The company declared a fully franked 71-cent final dividend and provided positive FY27 profit guidance.

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.

Benz Mining has locked in A$150 million from institutional investors to ramp up its Glenburgh gold drilling campaign, expanding to 14 rigs and accelerating a maiden resource estimate targeted for early 2027.

Cyclopharm Limited posted a fifth consecutive record half-year revenue of $17.5 million, propelled by a 74% jump in US Technegas® sales and a doubling of revenue-generating US sites. New US clinical guidelines naming Technegas® as the preferred ventilation imaging agent underpin a robust growth outlook despite a wider net loss.

True North Copper Limited (ASX:TNC) has opened a Share Purchase Plan allowing eligible shareholders to buy up to $30,000 of shares at $0.37 each, a 14% discount to recent trading prices. The SPP complements an institutional placement, targeting a combined raise of $20 million to fund the Mt Oxide Copper Project.

Liberty Metals has kicked off its maiden exploration at the newly acquired Oko North and South projects in Guyana’s prolific Oko gold district, targeting drill-ready anomalies with cutting-edge in-field gold detection technology.

Megaport has posted a 37% jump in FY26 revenue to $312 million, driven by strategic acquisitions and a broadening platform across compute, network, and storage. The company raised over $1 billion to fund AI-focused contracts and infrastructure growth.