Latest Options News

Surefire Resources is seeking up to A$2.61 million through a share placement, alongside an option entitlement offer for existing eligible shareholders. The raise could materially expand the company’s securities on issue, with the second tranche and related options requiring shareholder approval.

Unity Metals has opened a non-renounceable share purchase plan targeting $1 million to fund gold and copper-gold exploration in Cambodia and Thailand. Eligible shareholders can buy shares at a 15.2% discount, with attaching options subject to a later shareholder vote.

GBM Resources has extended high-grade gold mineralisation beyond the current resource boundaries at both the 309 and Lone Sister deposits in Queensland. A further 3,550 metres of assays remain pending ahead of a planned Twin Hills resource update.

Magnetite Mines has opened a partially underwritten share purchase plan targeting approximately $1 million from eligible Australian and New Zealand shareholders. Investors who receive shares will also be entitled to one free listed option per share, subject to shareholder approval.

OD6 Metals has secured A$6.92 million from institutional and sophisticated investors to advance drilling, bulk sampling and resource definition at its Quinn Fluorspar Project in Nevada. The funding also sets up a proposed rebrand to Adaven, but brings dilution and a substantial package of shareholder approvals.

Radiopharm says the FDA has provided a clear framework for the pivotal development of RAD101, its investigational brain metastases imaging agent. The company is preparing for Phase 3 while awaiting formal meeting minutes that could still refine the trial design and regulatory requirements.

HealthCo Healthcare and Wellness REIT has signed binding agreements for new leases covering its remaining 10 Healthscope hospitals, subject to final approvals. The resolution allows HCW to reinstate quarterly distributions while reducing its largest tenant concentration from 57% to 31%.

Accelerate Resources has completed three large-diameter diamond holes at its Area 42 manganese project, with visual mineralisation recorded in each hole. The standout hole covered a 72m downhole span and ended in mineralised chert breccia, but assays and metallurgical results are still pending.

Gold Mountain has secured a 12-month exclusive right to acquire the historical Malhada do Angico tungsten mine in northeast Brazil, for staged consideration of up to R$3 million. The opportunity comes with encouraging but non-representative grab samples, pending approvals and a drilling program still awaiting permits.

Hammer Metals’ proposed acquisition by Austral Resources has cleared its first court stage, with ASIC registering the scheme booklet and an independent expert backing the scrip deal. Shareholders now face linked votes on the takeover and the demerger of Western Australian gold assets into an unlisted company.

Being AI is preparing to transfer 57% of its issued shares to existing shareholders while moving a 14.4% stake to Excalibur Capital Partners. The transactions are due to complete on 12 October, when the company will also receive a new chair and board.

Alkane Resources has reported a transformational FY2026, with the Mandalay merger helping lift revenue to A$935.8 million and profit after tax to A$228.7 million. The enlarged gold and antimony producer has also declared its first dividend and approved a buy-back, while setting broadly stable production guidance for FY2027.