Latest Share Issuance News

Infratil Limited has issued nearly 2.8 million new ordinary shares under its Dividend Reinvestment Plan at an issue price of NZD 14.70 each, expanding its capital base without altering shareholder rank.

Asara Resources has adjusted its $60 million institutional placement after Barbet LLC FZ reduced its subscription significantly, with the balance placed to other investors to keep the raise on track. The funds will accelerate drilling and development at the Kada Gold Project in Guinea.

HyTerra has raised $1.95 million through its Shortfall Offer, issuing 139 million shares at 1.4 cents each to support upcoming production testing and drilling activities.

Pan African Resources has issued over 102 million new shares as part of the settlement for its acquisition of Emmerson, increasing its total issued shares to more than 2.4 billion ahead of trading commencing on 1 July 2026.

Forrestania Resources is set to acquire Ramelius Resources’ Edna May Gold Hub for A$300 million, aiming to restart the 2.9Mtpa Edna May mill by mid-2027 and expand its processing capacity.

Beonic Ltd has fully subscribed the shortfall placement from its recent pro-rata entitlement offer, with nearly 18 million shares set for issuance early next month.

Skin Elements Limited has secured a $900,000 placement at a 25% discount to recent prices, bolstering its balance sheet to advance its natural biotechnology product range. The company also appointed Rod Nicholas as non-executive chairman and engaged Phoenix Global Investments for investor relations.

Peninsula Energy has extinguished its convertible loan debt with Adare Finance by issuing over 21 million shares and is positioned to draw down a new US$30 million convertible note facility, subject to conditions.

Beacon Minerals has refined its FY2026 dividend details, confirming a fully franked cash payout and an estimated scrip dividend tied to Forrestania Resources shares, with key dates set for July and August.

Beonic Ltd has closed its 5-for-9 renounceable entitlement offer, raising $1.58 million before costs, surpassing initial uptake expectations and reducing underwriting obligations.

General Capital Limited posted record revenue growth of 18% to $26.76 million for FY26, driven by a 63% jump in loan receivables and a 34% rise in term deposits. The group declared a final dividend, reflecting confidence amid economic uncertainty and a positive credit rating upgrade for its finance subsidiary.

The court-approved scheme for Pan African Resources to acquire Emmerson Resources has taken effect, leading to Emmerson shares being suspended and shareholders set to receive Pan African CDIs.