Latest Underwriting News

Tinybeans Group launches a partially underwritten entitlement offer to fund the integration of its recent acquisition Qeepsake, aiming to boost product innovation and subscriber growth.

Cazaly Resources has raised $3.5 million through a strongly supported placement to accelerate reverse circulation drilling at its Goongarrie Gold Project in Western Australia. The capital injection positions the company to expand exploration efforts and advance key targets in a promising gold region.

Cash Converters has completed a $25 million equity raise to fund the acquisition of 29 Australian franchise stores, with EZCORP increasing its voting power to nearly 44%.

Ausgold Limited has raised A$80 million through a fully underwritten placement to fast-track the Katanning Gold Project, aiming for a final investment decision by mid-2026. The capital injection strengthens the company’s balance sheet and supports key development milestones.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Stakk Limited has requested a voluntary suspension of its shares on the ASX as it finalises a significant new customer contract, with trading set to resume upon announcement or by 20 November.

HMC Capital has secured an increased and extended revolving debt facility, enhancing its underwriting capacity and supporting strategic growth initiatives, including its energy transition efforts.

Solvar Limited reported solid FY25 results with profit growth, a significant dividend hike, and a positive outlook for FY26 driven by loan originations and commercial lending expansion.

Clara Resources has closed its entitlement offer, raising $366,000, with a significant shortfall now set for placement to sophisticated investors. The company aims to strengthen its capital base amid ongoing market challenges.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.

Megaport Limited has announced a fully underwritten A$200 million equity raising to fund its acquisition of Latitude.sh, a global Compute-as-a-Service platform, alongside a strategic investment to accelerate network expansion in India. The acquisition is expected to significantly enhance Megaport’s revenue and EBITDA on a pro forma basis for FY25.

BrainChip Holdings Ltd has launched a fully underwritten $35 million placement alongside a $2 million share purchase plan to fund the commercialization of its Akida 2.0 technology and new TENNs product development. The capital raise underscores the company’s commitment to expanding its footprint in the rapidly growing edge AI market.