Latest Share Offerings News

Challenger Limited has lowered its non-binding offer for Pepper Money to $2.25 per share, adjusting for upcoming dividends, marking its final bid amid ongoing negotiations.

Challenger Limited has lowered its non-binding offer to acquire Pepper Money Limited, citing tougher market conditions. The revised price now stands at A$2.25 per share, down from A$2.60.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Regener8 Resources has announced a $2.03 million entitlement offer at a 41% discount, aiming to accelerate exploration and acquisition of its Srebrenica North Project. Eligible shareholders can subscribe at one new share for every two held, positioning the company for its next growth phase.

Kjerulf David Hastings Ainsworth has initiated a second proportional takeover bid for 5.5% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and cash certainty. The move underscores Ainsworth’s belief that AGI remains undervalued amid a low likelihood of competing bids.

Kjerulf Ainsworth has launched a proportional all-cash takeover bid for 5.5% of Ainsworth Game Technology shares at a notable premium, aiming to provide liquidity and value to shareholders.

Nagambie Resources has opened a discounted Share Purchase Plan aiming to raise $3.7 million to support diamond drilling at its Whroo Mines project and bolster working capital, following a strategic joint venture announcement with Alkane Resources.

Magontec Limited reported a net loss of $5.4 million for 2025 on a 10.9% drop in revenue, yet net tangible assets per share rose significantly to 76 cents.

SolGold shareholders have approved the recommended cash acquisition by Jiangxi Copper, a move that directly impacts DGR Global’s substantial investment in the company. Completion awaits court approval and further conditions.

Eastern Gas Corporation Limited is set to raise $5.5 million through an IPO to fund drilling and flow testing at its Queensland gas exploration permits, aiming to prove commercial viability in the Surat and Cooper Basins.

PMET Resources has launched a C$137.7 million capital raising via a private flow-through share offer and concurrent placements to fund exploration and development of its Shaakichiuwaanaan lithium project in Quebec.

Verity Resources Limited has announced a pro-rata entitlement issue to raise up to $2.05 million, partially underwritten by entities linked to its directors. The capital raise aims to fund exploration and technical studies across its key projects, including the Monument Gold Project.