Latest Market Prices News

Adveritas has secured a $2 million placement at a 42.9% premium to its last close, with the proceeds earmarked for product development, marketing and working capital. The funding comes as the company pushes beyond sports betting and gaming while managing delayed Brazilian customer payments.

Enova Mining has proposed a 50-for-1 share consolidation that would reduce its current share count from about 2.278 billion to roughly 45.552 million, subject to shareholder approval. The final post-consolidation figure could be substantially higher if its proposed funding and Brazilian acquisition securities proceed.

Tambourah Metals is seeking up to $2.203 million through a non-renounceable one-for-four entitlement offer to fund exploration across its Western Australian portfolio. The offer is not underwritten, and the prospectus warns that further equity may be needed to support the company beyond the short term.

L1 Global Long Short Fund has opened the retail leg of a non-renounceable entitlement offer that could issue up to 216.9 million new shares at $1.76 each. Strong institutional demand has already raised about $100.9 million, but the retail component remains non-underwritten and final proceeds will depend on participation.

Pengana International Equities has declared a 1.4 cents per share fully franked quarterly dividend, with payment scheduled for 15 December. The distribution implies a 4.93% annualised yield at the company’s 9 October share price, assuming the quarterly rate continues.

TechGen Metals has agreed to transfer its entire interest in the Ida Valley Gold Project to First Au for A$100,000 in cash and A$100,000 worth of First Au shares. The transaction remains conditional on due diligence and shareholder approval.

AXP Energy has launched a 1-for-1 non-renounceable entitlement offer seeking between A$1.2 million and A$2.249 million. The funding could support Oklahoma development, but the prospectus also highlights material going-concern uncertainty, creditor dependence and significant dilution for shareholders who do not participate.

VHM has agreed a non-binding term sheet with Mitsui covering up to 65,000 tonnes a year of heavy mineral concentrate from its Goschen project. The proposed deal could add a cornerstone customer and potential trade-finance support, but a binding agreement and funding remain outstanding.

Range International has opened a 1-for-1 entitlement offer priced at A$0.09 a share, seeking about A$1.69 million to expand its rental pallet fleet and repay debt. Shareholders who do not participate could see their ownership halve if the offer is fully subscribed.

Solaris Australian Equity Income Plus reported A$727,000 of inaugural net profit after tax and a flat portfolio return that beat its benchmark by 1.01 percentage points. The listed investment company also disclosed three fully franked monthly dividends, although one note contains an apparent inconsistency in the amounts.

RocketDNA has secured $2.23 million through a strategic placement priced at a 2.4% premium to its last traded price. The funding will support xBot hardware deployment, software engineering, cyber-security accreditation and working capital, while major shareholder Daniel Narayan lifts his stake to 19.5%.

Prodigy Gold has launched a fully underwritten $7.92 million entitlement offer to fund exploration and project approvals, but the capital raising could also lift three existing substantial holders above their current voting stakes. The non-renounceable offer is priced at $0.047 a share, below the stock’s recent three-month low of $0.049.