Latest Underwriting News

Li-FT Power Ltd. has secured a C$20 million bought deal public offering priced at C$2.90 per share, aimed at funding care and maintenance for the Renard option period and general working capital. The deal includes a 15% over-allotment option and anticipates participation from cornerstone investor Avenir Minerals.

Toubani Resources has successfully closed the retail tranche of its fully underwritten entitlement offer, securing approximately A$70 million to support its Kobada Gold Project development.

AuKing Mining has secured a full underwriting agreement with GBA Capital to guarantee raising approximately $9.14 million through the exercise of nearly 305 million unlisted options expiring in April 2027.

Credit Corp delivered a 12% profit rise to a record $105.5 million in FY2026, powered by a 57% surge in US debt buying earnings and a strategic entry into UK consumer lending.

Mayfield Childcare has launched a $3 million entitlement offer, fully covered by major shareholder pre-commitments and partial underwriting, to bolster working capital and support its operational turnaround amid ongoing sector challenges.

Steadfast Group confirms the consortium led by Amwins, Dragoneer, and KKR is progressing its $6 per share cash acquisition proposal, with due diligence substantially complete and exclusivity extended to 19 August 2026.

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.