Latest Share Capital News

Challenger Gold has raised A$34.5 million through an institutional placement to fund near-term gold production and expand development at its Hualilan project in Argentina.

Alvo Minerals has announced an accelerated pro-rata entitlement offer to raise approximately $1.56 million, aiming to fund its Palma Cu/Zn Project and other exploration activities in Brazil. The offer includes new shares and free attaching options, presenting shareholders with a discounted opportunity to increase their holdings.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.

ALS Limited has completed a significant institutional placement, issuing over 20.9 million shares at A$16.70 each, bolstering its capital base without the need for full disclosure under the Corporations Act.

Nanoveu Limited has successfully completed the second tranche of its upsized capital raise, securing $720,000 through share issuance and listed options, with a final $400,000 tranche pending shareholder approval.

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

TruScreen Group Limited has announced a capital raising initiative involving Placement and Share Purchase Plan (SPP) Options, aiming to secure approximately NZ$3 million to fund strategic growth and working capital needs. The offer, subject to shareholder approval, includes up to 80.9 million Placement Options and 55.5 million SPP Options exercisable at A$0.02.

ALS Limited has successfully completed a $350 million institutional placement, issuing 21 million new shares to fund key laboratory upgrades and maintain financial flexibility. The company also launched a $40 million share purchase plan to further support its growth ambitions.

Western Mines Group has raised $1.287 million through a strategic placement to fast-track exploration at its flagship Mulga Tank project, signalling renewed momentum in its nickel and precious metals ambitions.

Experience Co Limited has announced a significant on-market share buy-back of up to 10% of its issued capital, signaling renewed confidence in its financial health and future prospects.

Elders Limited has announced a fully franked ordinary dividend of AUD 0.18 per share for the half-year ending March 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount on new shares.

Macarthur Minerals Limited has launched a pro-rata entitlement offer to raise nearly $2 million, issuing new shares with free attaching options, fully underwritten by Gold Valley Yilgarn Pty Ltd. The capital raise aims to advance exploration and development at its Giles Lake Iron Project and support corporate operations.