Latest Share Purchase Plans News

Bannerman Energy has launched a fully underwritten A$124 million placement that it expects will fund its share of the Etango uranium project through construction and ramp-up. The raising follows confirmation that CNOL’s strategic investment and joint venture conditions have been satisfied or waived.

Aureka Limited (ASX:AKA) has opened a share purchase plan targeting approximately $1.5 million at $0.12 per share, giving eligible Australian and New Zealand shareholders access to the same price as its recent placement. The funds are earmarked for production investment, working capital and exploration drilling.

Livium says lithium-ion battery collections in the first two months of FY27 have already surpassed every quarter of FY26, led by 77 tonnes received under its Sell & Parker agreement. The company is also moving towards due diligence with a potential multinational partner for VSPC, while extending its A$0.0082-per-share SPP.

Argosy Minerals has opened a share purchase plan targeting up to $0.5 million at $0.036 a share, matching its recently completed placement price. Participating shareholders will receive one free unlisted option for every two shares, but the non-underwritten offer adds another layer of potential dilution.

FBR has fully underwritten its A$2.5 million share purchase plan, removing the immediate risk of an unfunded shortfall but adding cash fees and potential option dilution. Alpine Capital can also terminate the arrangement in several circumstances, including a 10% fall in the S&P/ASX 200 Index.

Prescient Therapeutics has given shareholders another week to participate in its A$7 million share purchase plan, citing delayed documentation and requests for more time. The capital raising is intended to fund PTX-100 through a planned December 2026 Dose Optimisation Committee meeting.

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

Aureka Limited is set to become a gold producer after signing a binding agreement to acquire High Grade Holdings, including the Fiddlers Creek underground mine and Wedderburn processing mill in Victoria. The majority scrip, low cash deal valued at $8.9 million unlocks immediate production and processing capacity for Aureka’s Victorian gold projects.

FBR Limited secures A$4 million through a discounted placement and share purchase plan to fund development and deployment of its DST-enabled robotics products, including Mantis welding and Hadrian bricklaying robots.

Rox Resources reports steady progress at Youanmi Gold Mine with processing plant construction and mining development proceeding on schedule, supporting a mid-2027 gold production target.

Andromeda Metals has secured $3.04 million through a Share Purchase Plan and placement, aiming to advance its High Purity Alumina project and complete a Pre-feasibility study.

Podium Minerals has secured the full $4 million from its underwritten share purchase plan after sub-underwriters covered a $2.44 million shortfall. The funds will support metallurgical testing, site rehabilitation, and project advancement at Parks Reef and Range Well.