Latest Options Issuance News

Scalare Partners offers 87 bonus options per 100 shares to eligible shareholders alongside piggyback options, aiming to mitigate dilution from upcoming convertible note conversions. Directors plan to exercise their options, with potential capital raised earmarked for working capital.

Magnetite Mines has secured a 12-month extension on $2.7 million of convertible notes, enhancing its financial runway for the Razorback Iron Ore Project amid ongoing strategic funding efforts.

Bio-Gene Technology has raised approximately A$3.275 million through its second tranche placement and share purchase plan underwriting, issuing over 51 million new shares and 69 million options to investors.

Unith Ltd has issued over 222 million securities, raising $1 million via share placement and converting $500,000 of debt to equity, while attaching options await shareholder approval.

Comet Ridge has completed a $40.9 million capital raise combining a Share Purchase Plan and a two-tranche placement to fund full acquisition and development of its Mahalo Gas Project.

Greenvale Energy has secured $3.25 million through a placement to fast-track uranium exploration at its Thunderball Project in the Northern Territory, while also advancing its Pine Creek acquisition.

WhiteHawk Limited is offering 139.3 million WHKOB Options to placement participants and its lead manager, exercisable at $0.013 and expiring in 2029. The options are issued for nil consideration, with potential proceeds of $1.81 million if fully exercised.

Venari Minerals has raised an oversubscribed $6.1 million to fund key development stages at its Red Mountain Lithium and Strategic Minerals Project in Nevada, including resource upgrades and a scoping study targeted for early 2027.

Comet Ridge Limited has pushed back the closing date for its Share Purchase Plan and associated Options Offers to 24 July 2026, giving eligible shareholders more time to participate ahead of a key August meeting.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

Tennant Minerals (ASX:TMS) has launched a prospectus offering more than 800 million new options, aiming to clear trading restrictions and raise funds for advancing its Bluebird project and broader exploration activities.

Titanium Sands Limited (ASX:TSL) has launched a fully underwritten offer of up to 242.7 million New Options to holders of its expired TSLOA Options, aiming to raise approximately $243,000 before expenses. The offer includes a substantial bonus component and options allocated to CPS Capital as fees for managing a $1.2 million loan.