777ϻ

CAPITAL MARKETS

Capital Watch: Eumeralla, WCP and more

A bumper pre-Easter Capital Watch as companies race to market.

777ϻNews.Net

This article is 8 years old. Images might not display.

777ϻ

Eumeralla Resources has closed its A$6 million capital raising fully subscribed and will change its name to Ausmex 777ϻ Group ahead of relisting next month.

WCP Resources has completed a bookbuild to raise $5 million at 9c per share to mainly US institutional and sophisticated investors.

The proceeds will be used to accelerate work at the Piedmont lithium project in the US.

Strategic Energy Resources launched a partially underwritten one-for-two non-renounceable entitlement issue to raise $2.1 million.

KSLcorp is underwriting the offer to $1.2 million, with funds to be used for gold and mineral sands exploration.

Empire Resources’ placement has closed fully subscribed to raise $2.01 million.

The placement will fund ongoing work at the Penny’s Find gold project.

Dark Horse Resources has raised $1.5 million in the institutional component of a broader $3.48 million raising.

Altech Chemicals has raised $2 million via a placement at 14c to existing cornerstone shareholder MAA Group Berhad.

Gold explorer De Grey 777ϻ has received firm commitments from clients of DJ Carmichael for a placement at 6.5c per share.

The oversubscribed placement will raise $1.82 million for Pilbara gold drilling.

Uranium hopeful Marenica Energy is raising $1.7 million via a placement and rights issue.

Andromeda Metals has launched what it says is an attractively priced rights issue at 0.8c, a 20% discount to the last closing price.

The company is aiming to raise $1.6 million for its Australian gold projects.

Battery metals explorer Sayona 777ϻ has launched a share purchase plan to fund development of the Authier lithium project in Canada.

The SPP, which is lead managed and underwritten by Patersons Securities, aims to raise $1.5 million.

Cohiba Minerals has closed its rights issue oversubscribed, raising $976,801.

Finally, Castillo Copper has raised $500,000 as part of the acquisition of copper and cobalt company Qld Commodities.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the 777ϻ Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the 777ϻ Intelligence team.

editions

777ϻNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

777ϻ Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

777ϻ Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

777ϻ Company ESG Index: Benchmarking the Future of Sustainable 777ϻ

The 777ϻ Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.