Secondary Capital Raisings

SECONDARY CAPITAL RAISINGS

We have worked with national and international companies to successfully formulate, execute and advise on many secondary debt and equity raising strategies including the following:

  • Discovery Metals Limited on a rights issue and placement raising A$142 million across 13 jurisdictions
  • The debt project financing of US$205 million for Discovery Metals Limited (including the negotiation and execution of complex copper and silver hedge agreements)
  • Sayona Mining Limited A$2.57 million fully underwritten rights issue
  • Armour Energy Limited (ASX:AJQ) A$19 million project debt financing
  • Black Oak Minerals Limited A$62 million raising, comprising A$25 million forward gold purchase agreement, A$35 million credit facility and A$2 million equity investment (involving convertible warrants)
  • Black Oak Minerals Limited A$1.5 million share purchase plan
  • Avalon Minerals Limited on its non-renounceable, pro-rata rights issue underwritten by Indian Ocean Capital
  • MinQuest Limited placement to exempt investors and convertible note issue
  • Discovery Metals Limited A$50 million underwritten institutional secondary capital raising by way of an institutional bookbuild
  • Chesser Resources Limited A$7.3 million capital raising, comprising a A$2.46 million placement (oversubscribed) and A$4.84 million underwritten, pro-rata renounceable entitlement offer