Latest Share Issuance News

Cann Group Limited has raised $750,000 through a convertible note agreement with Obsidian Global, aiming to strengthen its working capital and move towards EBITDA positivity.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Fortescue Ltd has set the allocation price for shares issued under its Dividend Reinvestment Plan at A$19.2518, following its recent interim dividend announcement. Shares will be issued on 30 March 2026, marking a key step in the company’s capital management strategy.

DeSoto Resources has significantly increased its exploration ground in Guinea by acquiring three new projects along the prolific Siguiri Gold Mineralisation Trend, positioning itself for district-scale gold discoveries.

Count Limited has declared a fully franked interim dividend of 2.00 cents per share for 1HFY26, with a Dividend Reinvestment Plan allocation price fixed at $1.08. The company will issue over 650,000 new shares to participating shareholders.

Evolution Energy Minerals has successfully closed an oversubscribed $4 million rights issue, supplemented by a $150,000 follow-on placement, bolstering funds for key exploration and development projects.

Variscan Mines Limited has voluntarily suspended trading on the ASX pending a Supreme Court decision related to a regulatory compliance issue with a past share issue. The suspension highlights ongoing legal scrutiny and investor uncertainty.

IRIS Metals has secured a farm-in agreement to earn up to 100% ownership of the Finley Basin Tungsten Project in Montana, marking a strategic expansion into a critical mineral vital for defence and advanced manufacturing.

Telstra Group Limited has updated the Dividend Reinvestment Plan price for its upcoming half-year dividend, maintaining a fully franked payout of 10.5 cents per share.

Embark Early Education has closed its takeover bid for Mayfield Childcare, acquiring nearly 40% voting power with a strong cash acceptance rate. The move signals a significant step in sector consolidation.

Green360 Technologies has successfully raised $4.5 million to back the commercial rollout of its Eco-Clay low-carbon cement product, aiming for market entry in the first half of 2026.

Pilot Energy has locked in a $25 million equity subscription facility with US-based LDA Capital, aiming to fast-track its carbon storage and data centre projects while reducing funding risks.