Latest Underwriting News

Zeta Resources has received Foreign Investment Review Board approval to increase its stake in Future Metals and has fully underwritten the company’s A$2.64 million entitlement offer, ensuring the capital raise is secured.

Washington H. Soul Pattinson and Brickworks Limited have agreed to merge, creating a $14 billion ASX-listed entity and prompting key changes for Soul Patts' convertible notes. The deal simplifies their cross-shareholding and promises enhanced scale and diversification.

Ridley Corporation has successfully closed its retail entitlement offer, raising $26 million as part of a $125 million capital raise to fund its $300 million acquisition of Incitec Pivot’s fertiliser distribution business.

I Synergy Group Limited has announced a fully underwritten pro-rata renounceable entitlement offer to raise up to $1 million, aiming to bolster working capital and fund key operational initiatives. The offer, underwritten by VGI Vmall Limited, will significantly increase the company's shares on issue, with potential dilution risks for non-participating shareholders.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

HITIQ Limited has pushed back the closing date for its entitlement issue offer to June 20, adjusting the timeline for its capital raising efforts.

Washington H. Soul Pattinson and Brickworks Limited have agreed to merge, creating a $14 billion ASX-listed entity that promises greater scale, liquidity, and diversification for shareholders.

Cardiex Digital Vascular Biomarkers announces a A$6.5 million equity raise to fund inventory, marketing, product development, and debt repayment, aiming to solidify its position in the expanding cardiovascular health market.

Cardiex Limited has raised $2.4 million through an institutional placement and launched a fully underwritten entitlement offer to raise up to $4.1 million, aiming to scale its CONNEQT Pulse device.

TruScreen Group Limited has announced a capital raising initiative involving Placement and Share Purchase Plan (SPP) Options, aiming to secure approximately NZ$3 million to fund strategic growth and working capital needs. The offer, subject to shareholder approval, includes up to 80.9 million Placement Options and 55.5 million SPP Options exercisable at A$0.02.

Gold Mountain Limited has issued nearly 486 million shortfall shares to underwriter Jose Luis Manzano, lifting its recent trading halt. A second tranche to Magnus Capital awaits shareholder approval, marking a pivotal step in the company’s capital raising.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.