Latest Rights Issue News

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

OZZ Resources Limited has provided a detailed update to ASX on its prolonged voluntary suspension, citing procedural delays in Zimbabwe and a pending joint venture at its Maguires Reward Project. The company outlines exploration activities, expenditure, and plans to resume trading.

Mirvac Group director Rosemary Beryl Hartnett was granted 41,111 rights to acquire stapled securities under the company’s Non-Executive Director Fee Sacrifice Rights Plan, reflecting a strategic move in director remuneration.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Flynn Gold has announced a renounceable rights issue to raise up to $3 million, aiming to accelerate exploration at its promising Golden Ridge project in Tasmania.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Zenith Minerals reports compelling gold assay results from its 2025 drilling campaign at Queensland’s Red Mountain Project, revealing broad mineralised zones with high-grade intervals and confirming the project’s potential as a significant intrusion-related gold system.

Helix Resources has successfully raised close to $2 million through an oversubscribed rights issue and a follow-on placement, positioning the company to accelerate drilling and resource estimation at its White Hills and Gold Basin projects.

Alternative Investment Trust (AIQ) has successfully completed a 1 for 1 non-renounceable rights issue, issuing over 23 million new units and significantly increasing its cash reserves.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

TechGen Metals has raised A$1.2 million through a strongly supported placement to accelerate exploration at its Blue Devil and Mt Boggola projects, setting the stage for drilling campaigns in late 2025.