Latest Share Placement News

Eastern Metals updates its proposed acquisition of Raptor Resources, shifting to a takeover bid or scheme of arrangement, alongside a $4-5 million capital raise via share placement.

Bio-Gene Technology Limited has announced an offer of over 95 million Placement Options to investors and its Lead Manager, contingent on shareholder approval at an upcoming extraordinary general meeting. If exercised, these options could inject approximately $3.8 million into the company.

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.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

Hydralyte USA has completed its Rights Issue by placing 5 million shortfall shares, raising a total of $608,878 before costs. The move finalizes the company’s recent capital raising efforts under full regulatory compliance.

Moab Minerals has raised $141,000 through a share placement and secured a $500,000 loan from European Lithium to fund exploration and working capital, underscoring strong shareholder support.

Mindax Limited has raised $1.6 million through a discounted share placement to fund development and exploration activities at its Mt Forrest Iron Project and gold assets.

Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.

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.

Sparc Technologies progresses its pioneering green hydrogen pilot plant and graphene-based coatings, backed by a significant government grant and a successful capital raise.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.