Latest Share Placements News

Audalia Resources has raised $450,000 through a placement of 15 million shares at 3 cents each, aiming to push the Medcalf project towards production while maintaining working capital.

Heavy Rare Earths Limited (ASX:HRE) is raising approximately $728,000 through a non-renounceable entitlement offer priced at 2.8 cents per share, accompanied by free-attaching options exercisable at 6 cents. The capital raise aims to fund maiden drilling programs and a strategic review across its key projects.

Wagners Holding Company Limited (ASX:WGN) reported a 17% revenue increase to $504 million and a 78.5% surge in net profit after tax to $40.6 million for FY26, driven by strong growth in Construction Materials and Composite Fibre Technologies.

Whitefield Income Limited reported a 104% jump in net profit to $16 million for FY2026, supported by a near doubling in investment revenue and a $187 million capital raise. The listed investment company maintained steady fully franked dividends despite a slight dip in net asset backing per share.

True North Copper (ASX:TNC) has secured A$18 million in a placement upsized due to strong demand, plus a capped A$2 million Share Purchase Plan, to finalize its Mt Oxide acquisition payment and fund drilling and development across its copper projects.

Audalia Resources plans a $450,000 share placement to advance its Medcalf project and bolster working capital, while continuing to explore further funding options for regulatory approvals.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Galilee Energy has raised A$3.5 million to fund a sidetrack drilling program at Zydeco-1, targeting 13.7 Bcf of gas and 610,000 barrels of condensate in Louisiana, while selling its Glenaras Gas Project to sharpen focus on US growth.

Laramide Resources has raised $5 million through a private placement of 8.35 million shares at $0.60 each to a strategic investor, bolstering working capital for its uranium projects in the US and Australia.

PM Capital Global Opportunities Fund (ASX: PGF) has successfully completed a $221 million placement, issuing 15% new shares at the estimated net tangible asset value to expand its scale and shareholder base.

AdNeo Limited secures $1.5 million through a share placement and debt conversion to back operational efficiency, AI platform investment, and potential acquisitions.

BauMart Holdings has secured $244,463 through a placement of over 24 million shares at one cent each, aiming to bolster its BuildMart Modular operations and general working capital.