Latest Working Capital News

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.

BlueBet Holdings Ltd has announced the acquisition of TopSport, a strategic move expected to boost its market share and profitability. The deal is supported by a $15 million equity raising to fund the upfront payment and growth initiatives.

BlueBet has announced a strategic acquisition of TopSport, supported by a $15 million equity raise, aiming to boost market share and deliver significant earnings accretion by FY26.

Bayan Mining and Minerals Limited has successfully raised A$750,000 through a well-supported placement, with significant board participation, to fast-track exploration across its Brazilian and US projects.

NoviqTech Limited has announced a non-renounceable pro-rata entitlement issue of new options aiming to raise approximately $251,000. Eligible shareholders can subscribe at a low issue price, with options exercisable over three years.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.

Little Green Pharma has finalized the acquisition of Health House, a key medicinal cannabis distributor, for a fraction of its previous valuation, marking a strategic move to deepen vertical integration.

Evion Group has successfully raised $1.33 million through a rights issue, positioning itself to accelerate production at its Panthera JV in India. The company also announced a bonus options offer to reward shareholders and support future expansion.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

Magnum Mining and Exploration Limited has launched a $1.9 million non-renounceable entitlement offer to fund its key projects, alongside significant board changes aimed at conserving cash.

A1 Investments & Resources Ltd reported a modest cash outflow for the December quarter while actively pursuing acquisition opportunities backed by secured funding. The company aims to finalize a deal soon, contingent on shareholder and regulatory approvals.

AXP Energy has secured $1.25 million through a share placement to accelerate its modular data centre rollout powered by stranded natural gas in Colorado. This capital injection aims to support the company’s pioneering gas-to-power operations tied to Bitcoin mining and other high-performance computing applications.