Latest Options News

Beacon Minerals has sold a significant portion of its Astral Resources shares, raising $5.9 million to support development at its Jaurdi Mill and Iguana projects.

Pure Foods Tasmania has completed a strongly oversubscribed $1.76 million capital raise and reported improved preliminary FY25 results, signaling progress in its turnaround strategy.

Prospech Limited has announced a pro-rata renounceable entitlement offer aiming to raise up to $1.62 million to fund metallurgical testing and exploration at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, reflecting the company’s ongoing development efforts and funding needs.

Manhattan Corporation has completed its inaugural fieldwork at the Hook Lake Project in Nunavut, revealing extensive mineralized outcrops beyond known areas and setting the stage for a high-resolution magnetic survey and maiden drilling campaign in 2026.

Prospech Limited has announced a 2-for-7 renounceable rights issue to raise up to $1.6 million, featuring attaching options exercisable at 4 cents. Directors are backing the raise, which will fund rare earth metallurgical work and exploration in Finland and Slovakia.

Warriedar Resources has secured a crucial ASX waiver allowing the cancellation of 5 million unlisted options without shareholder approval, smoothing the path for Capricorn Metals’ acquisition scheme.

IODM Limited posted a robust 45% revenue increase in FY25, fueled by a sharp rise in UK education sector income and a surge in university partnerships. The company’s innovative payment platform, IODM Connect, is gaining traction across Australia, the UK, and North America.

Iron Road Ltd has agreed revised terms with Revera Energy to extend and adjust land purchase options critical to the Cape Hardy green hydrogen project in South Australia.

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.

RPMGlobal has received a $5.00 per share indicative offer from Caterpillar, valuing the mining software firm at over $1.1 billion. The company has agreed to a six-week exclusivity period to negotiate a binding deal.

Buru Energy has successfully raised $2.1 million through a share placement and launched a $3 million Share Purchase Plan to advance its Rafael Gas Project, targeting a Final Investment Decision by late 2026 and first cash flow by early 2028.

Castle Minerals has acquired the remaining 10% of Mineralis Ltd, gaining 100% ownership and exclusive rights to explore seven gold permits in Côte d’Ivoire. This strategic move positions Castle to accelerate exploration in a highly prospective West African gold region backed by committed funding and leadership upgrades.