Latest Placement Settlement News

Genesis Energy has completed a NZ$100 million share placement at NZ$2.15 per share, paving the way for a NZ$300 million rights offer to fund its renewable energy expansion under the Gen35 strategy.

Horizon Minerals has successfully raised A$175 million through a two-tranche institutional placement, complemented by a planned A$10 million share purchase plan, to fund the development of its Black Swan Processing Hub near Kalgoorlie.

WAM Active Limited has announced a significant capital raising through a pro-rata entitlement offer and a placement, aiming to bolster its investment capacity without materially affecting company control.

Pioneer Minerals has raised A$1 million through a share placement to accelerate exploration of its US critical minerals projects, focusing on tungsten, gold, and uranium assets.

Invictus Energy updates progress on its AMOG joint venture with Al Mansour Holdings, revealing ongoing negotiations for a significant Qatari ownership stake and deferral of a key placement settlement.

Etherstack plc has successfully raised $6.1 million through an institutional placement, positioning the company to fast-track its Home project and enhance its MCPTX IWF technology.

Power Minerals Limited has advanced its critical minerals portfolio with the acquisition of the Gamma Heavy Rare Earths and Uranium Project in California and completed the Santa Anna Niobium-REE-Gallium Project acquisition in Brazil, supported by a combined $6.7 million capital raise.

Globe Metals & Mining has completed the first tranche of its $8.67 million placement, raising $6.96 million and converting $540,000 of convertible loans to equity, significantly reducing its debt ahead of the Kanyika Niobium Project’s Final Investment Decision.

Spectur Limited has successfully raised $2.3 million through a premium-priced placement to fast-track its AI Cloud Platform and sovereign cloud capabilities, alongside notable board changes ahead of its AGM.

Stakk Limited has successfully raised $15 million through an oversubscribed equity placement, underscoring strong institutional confidence in its Embedded Finance growth strategy. The funds will accelerate expansion in the U.S. and Australian markets as the company’s recurring revenue surges.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

Invictus Energy has deferred the settlement of a significant AU$37.8 million placement to align with its strategic partnership with Al Mansour Holdings, advancing the development of its Cabora Bassa Project in Zimbabwe.