Latest Shareholder Support News

Larvotto Resources has successfully raised $60 million in equity alongside a $105 million bond, fully funding the Hillgrove Antimony-Gold Mine development with production targeted for mid-2026.

Openn Negotiation Ltd has successfully exited voluntary administration following a recapitalisation plan that included issuing new shares and securing a shareholder loan. Despite no substantive business activity in the latest quarter, the company is positioned to continue operations under new management.

PointsBet Holdings Limited has issued a Target’s Statement recommending shareholders accept MIXI Australia’s $1.20 per share all-cash takeover offer, highlighting a significant premium and rejecting a rival scrip bid from Betr Entertainment.

Capricorn Metals has announced a definitive plan to acquire Warriedar Resources, consolidating key Western Australian gold assets and enhancing production capacity. The all-scrip deal offers Warriedar shareholders a 29% premium and positions Capricorn for a combined 9.1 million ounce gold equivalent resource.

Australian Strategic Materials has successfully closed an oversubscribed Share Purchase Plan, raising nearly A$12 million at a 20% discount to recent market prices.

QPM Energy has successfully raised $7 million through an oversubscribed Share Purchase Plan, significantly exceeding its initial $2 million target to accelerate key gas power projects in Queensland.

Race Oncology has safely treated the first patient with its RC220 drug alone and in combination with doxorubicin in a Phase 1 trial, while bolstering its clinical leadership and maintaining a strong cash position to fund operations through 2026.

Dollarama Inc. has officially acquired The Reject Shop, paying shareholders $5.91 per share and triggering the retailer's imminent delisting from the ASX.

Mad Paws Holding Limited has agreed to be acquired by US-based Rover Group for $62 million, with shareholders set to receive a significant premium. The deal includes divestment of Mad Paws’ Pet Chemist business and closure of other e-commerce operations.

Strike Energy has announced a strategic placement and share purchase plan raising up to A$103 million to advance its core Perth Basin gas projects, backed by a significant investment from Carnarvon Energy. This funding underpins key developments targeting first production by late 2026 and a final investment decision for West Erregulla.

Riedel Resources has exceeded its initial capital raising target through its Share Purchase Plan, prompting an increase in the offer size to $400,000. This follows a recent $1 million placement, underscoring robust shareholder support as the company advances its Kingman Gold Project.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme, raising $50 million to accelerate development of the Sandstone gold district in Western Australia. The merger creates a combined entity with nearly 4 million ounces of gold resources and a strong cash position.