Latest Rights Issue News

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Prospech Limited has reported a significant milestone with a JORC-compliant Inferred Mineral Resource Estimate of 7.1 million tonnes at 1.08% TREO for its Korsnäs REE project in Finland, alongside successful EU grant funding and a rights issue raising nearly $786,000.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Icetana Limited reports a sharp decline in cash flow for the December quarter, offset by plans for an underwritten rights issue to bolster funding and expectations of improved customer receipts in coming quarters.
Sophie Babbage
Sophie Babbage
23 Jan 2025
Icetana Limited reports a challenging December quarter with declining revenues but secures significant new contracts and launches a fully underwritten $2.65 million rights issue.
Sophie Babbage
Sophie Babbage
23 Jan 2025
Star Minerals secures shareholder approval for its Cobra Uranium Project in Namibia and prepares for maiden drilling, while progressing gold exploration in Western Australia amid a modest capital raise.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Activeport has successfully closed a $6.1 million capital raise, including a significant placement to new institutional investor MWP Partners, positioning the company for accelerated growth in the global telecommunications and data centre software markets.
Sophie Babbage
Sophie Babbage
21 Jan 2025
Askari Metals has closed a $350,000 strategic placement with Celtic Finance Corp. to advance its growing uranium portfolio in Tanzania, shifting away from a previously planned Rights Issue.
Maxwell Dee
Maxwell Dee
17 Jan 2025
Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.
Maxwell Dee
Maxwell Dee
15 Jan 2025
The Australian Takeovers Panel has declared unacceptable circumstances in Alara Resources Limited's recent rights issue, citing inadequate disclosure and potential control issues involving Al Tasnim Infrastructure LLC. The company faces a costs order and must reassess its fundraising approach.
Maxwell Dee
Maxwell Dee
13 Jan 2025