Latest Share Offerings News

Sena & Co Limited has launched a conditional full takeover offer for the remaining shares of 2 Cheap Cars Group Limited, aiming to increase its stake from 75.9% to at least 90%. The NZ$0.80 per share cash offer comes with plans to delist 2CC and maintain current operations.

Tennant Minerals (ASX:TMS) has launched a prospectus offering more than 800 million new options, aiming to clear trading restrictions and raise funds for advancing its Bluebird project and broader exploration activities.

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

KGL Resources has launched a $120 million entitlement offer at $0.20 per share, part of a $300 million capital raise to fund the Jervois Copper Project. The offer is underwritten except for pre-commitments from major shareholders, with new shares expected to be issued late July.

Constellation Resources has launched a one-for-three entitlement offer priced at $0.12 per share, inviting eligible shareholders across four countries to participate in a $3.22 million capital raise.

Vertex Minerals launches a $2.5 million Share Purchase Plan at $0.10 per share, offering eligible shareholders a chance to invest ahead of commercial gold production at Reward Gold Mine.

Tourism Holdings Limited has received a fresh non-binding indicative offer from a credible strategic buyer at NZ$3.30 to NZ$3.40 per share, while continuing negotiations with the BGH Consortium over due diligence access.

Constellation Resources is raising $3.22 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to bolster exploration in Western Australia and support general working capital.

TZ Limited has secured $0.50 million through a placement of 16.7 million shares at 3 cents each, using its 10% placement capacity, and is launching a 1-for-4 entitlement offer to raise an additional $2.58 million.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Freedom Bidco has increased its unsolicited cash offer for Strata Investment Holdings to A$0.22 per share, presenting shareholders with a premium liquidity option ahead of Strata’s imminent ASX delisting. The offer includes a cash alternative and a share swap, while Freedom Bidco accuses Strata’s board of obstructive tactics and governance failings.