Latest Underwriting News

Saturn Metals has secured underwriting for its $5 million Share Purchase Plan, complementing its recent $100 million placement and reinforcing funding for Apollo Hill development.

Silver Mines has unveiled a Definitive Feasibility Study for its Bowdens Silver Project, confirming a 26-year mine life and lifting ore reserves to 93.5 million ounces of silver with robust economics and strategic land acquisition.

Chilwa Minerals has more than doubled its Mpyupyu heavy mineral sands resource to 109.6 million tonnes, defined a maiden niobium-rare earths exploration target at Nakombe, and progressed its planned Nasdaq dual listing with the SEC.

Frontier Energy (ASX: FHE) has locked in credit-approved debt facilities worth up to A$280 million and completed a $110 million equity raise, clearing the way for construction of its Waroona Renewable Energy Project in Western Australia.

Beforepay Group capped FY26 with a robust quarter, delivering record net transaction margins and a significant new credit facility that cuts funding costs.

Rhythm Biosciences bolstered its financial position with a $5.2 million option underwriting while accelerating commercial adoption of its ColoSTAT® colorectal cancer test and advancing geneType™ partnerships internationally in Q4 FY26.

Terra Metals has significantly expanded its Southwest Discovery at the Dante Project with diamond drilling revealing a massive 448-metre continuous PGM-Cu-Ni mineralised interval. The company bolstered its leadership team and secured $20.8 million in fresh funding to accelerate exploration.

Sprintex boosted its commercial footprint in the June quarter with a 65% order book increase from Mest Water, a paid trial at Taiwan's TSMC, and Dutch regulatory clearance lifting key uncertainties.

Estrella Resources has delivered a 27,371-tonne manganese stockpile with nearly 5,000 tonnes grading above 49% Mn at Ira Miri and declared a maiden 621Mt JORC Inferred limestone resource at Werumata, underpinning its emerging Timor-Leste portfolio.

Saturn Metals has locked in $100 million from a two-tranche placement, anchored by major shareholders including Golden Crane, to push its Apollo Hill Gold Project towards production. A $5 million Share Purchase Plan will offer further participation to existing investors.

Racura Oncology has hit key clinical milestones in its RC220 development, including first patient dosing in a lung cancer trial and dose escalation in a cardioprotection study, supported by a strong $34.3 million cash position.

Vysarn Limited is set to transform its water services platform with the $60 million acquisition of Welltech, funded by a fully underwritten $65.3 million placement. The deal promises over 37% EPS accretion on a pro forma FY26 basis.