Latest Rights Issue News

Alternative Investment Trust (AIQ) has announced a 1-for-1 non-renounceable rights issue at $1.47 per unit, aiming to raise capital for ongoing investments and increase annual distributions to 10% of adjusted net tangible assets starting early 2026.

Australian Strategic Materials has announced the vesting of over 400,000 performance rights granted to its Managing Director and senior executives, marking a key moment in executive remuneration and potential share dilution.

HITIQ Limited has successfully closed its shortfall offer, raising a total of $2.16 million through a combination of a rights issue and placement, while continuing discussions to secure additional funding.

Truscott Mining Corporation has confirmed a $577,890 capital raise through a rights issue, explaining its exploration expenditure and operational status amid a drilling hiatus since late 2022. The company underscores its commitment to long-term project development and compliance with ASX listing requirements.

ARCH Emerging Markets Partners, Evolution Energy Minerals’ largest shareholder, confirms it will fully subscribe to the company’s renounceable rights issue, supporting a $1.45 million capital raise.

Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.

Magnetite Mines Limited has announced a pro rata renounceable rights issue to raise up to $2.65 million, aiming to advance its flagship Razorback iron ore project in South Australia. The offer includes free attaching options and is partially underwritten, reflecting the company’s strategic push towards securing funding and completing key project milestones.

HITIQ Limited has issued over 9.4 million shares and nearly 4.7 million options under its shortfall offer, raising $206,960 and progressing its ongoing rights issue. The company also clarified a duplicate filing and updated its issued capital structure.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Evolution Energy Minerals has announced a 2-for-5 renounceable entitlement offer to raise up to $1.45 million, including free attaching options and a leadership transition to Managing Director Craig Moulton.

Helix Resources has initiated trading of rights under its renounceable rights issue, offering shareholders flexible options to participate or sell. This move aims to support the company’s expanding copper and gold exploration projects in Arizona and New South Wales.

Eden Innovations Ltd has announced a non-renounceable entitlement offer to raise approximately $5.7 million, issuing new shares at $0.035 each alongside free options exercisable at $0.07. The capital raise aims to support business expansion and debt reduction.