Latest Share Issuance News

The Takeovers Panel has mandated Emu NL to hold a new shareholder meeting after finding serious irregularities in the recent extraordinary general meeting, including share issuance timing and proxy voting issues.

Bryah Resources has exercised its option to acquire the Golden Pike gold and antimony project in New Brunswick, Canada, aiming to add significant value with a high-grade resource. The acquisition follows thorough due diligence and complements Bryah’s existing Australian portfolio.

Blackstone Minerals has launched a $2 million Share Purchase Plan at a 9% discount, running alongside a $22.6 million placement to institutional investors. Eligible shareholders in Australia and New Zealand can buy shares up to $30,000, supporting the company’s Mankayan Copper-Gold Project expansion.

Blackstone Minerals has completed a significant capital raise, issuing nearly 290 million new shares to bolster its financial position. The move follows regulatory compliance assurances and sets the stage for the company’s next growth phase.

Capricorn Metals has agreed to acquire the Claw Gold Project adjacent to its Mt Gibson operation, aiming to unlock new gold resources in Western Australia’s prolific Murchison region.

Clean Seas Seafood shareholders have voted to approve Yumbah Aquaculture’s acquisition scheme, setting the stage for delisting and a significant ownership change. The deal offers shareholders a cash option or a scrip alternative, with expert backing and board endorsement.

North Stawell Minerals has extended the closing date of its non-renounceable entitlement offer by two weeks, giving shareholders more time to participate in the $2.1 million capital raise.

Ryder Capital has halted its Dividend Reinvestment Plan, opting to pay shareholders cash dividends instead. The move raises questions about the company’s strategic direction and shareholder returns.

Barton Gold Holdings has moved closer to acquiring the 279,000-ounce Wudinna Gold Project from Cobra Resources, with significant shareholder backing ahead of the July 24 vote. This acquisition aligns with Barton's strategy to leverage its South Australian assets and scale production.

Bastion Minerals has successfully closed its non-renounceable entitlement offer, securing $414,190 from 105 applications. The company plans to issue shares imminently and will work with underwriters to place any remaining shortfall by late July.

NH3 Clean Energy Limited has completed a significant share placement and conversion, issuing over 71 million new shares following shareholder approval at its 2024 AGM.

Koba Resources has successfully raised $442,560 through its recent Entitlement Offer, issuing over 12 million new shares and 6 million options to fund exploration at its Yarramba Project.