Latest Share Dilution News

Tambourah Metals Ltd is set to raise nearly $1 million through a placement and entitlement offer to fund drilling at its Beatty Park Gold and Speewah North projects. The capital raise includes shares priced at a discount and attached options, aiming to strengthen exploration efforts.

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.

Alice Queen Limited has lifted its trading suspension following the announcement of a proposed capital raise, signaling a pivotal moment for the company’s financial strategy.

Ridley Corporation announces a $300 million acquisition of Incitec Pivot Fertilisers Distribution, aiming to boost earnings and diversify its agricultural services portfolio. The deal includes a $125 million equity raise and strategic supply agreements.

Eagle Mountain Mining has completed a significant capital raise through the issue of over 518 million new shares and 129 million options, including a $3 million loan conversion, bolstering its exploration projects in Arizona.

Dicker Data Limited has updated its dividend distribution details, confirming an 11-cent fully franked dividend and setting the Dividend Reinvestment Plan (DRP) price at AUD 8.6584 per share.

Thor Energy has completed its acquisition of an 80.2% interest in Go Exploration, gaining access to prime hydrogen and helium exploration licenses in South Australia and significantly expanding its clean energy portfolio.

Cyprium Metals has successfully closed its pro rata non-renounceable entitlement offer, raising A$1.53 million with a 51% shareholder participation rate. The company plans to issue over 54 million new shares, while retaining discretion over a significant shortfall.

Carnaby Resources has completed the settlement of Tranche 2 of its recent share placement, issuing 13.5 million new shares to raise approximately $4.2 million, including participation from its board members.

Myer Holdings has completed its strategic acquisition of Just Group, adding five key apparel brands to its portfolio and issuing 890.5 million new shares to Premier Investments.