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:

  • Armour Energy Limited ASX:AJQ A$19 million project debt financing
  • Avalon Minerals Limited on its non-renounable, pro-rata underwritten rights issue
  • 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 concertible warrants)
    • A$1.5 million share purchase plan
  • Chesser Resources Limited ASX/CHZ A$7.3 million capital raising, comprising A$2.46 million placement (oversubscribed) and A$4.84 million underwritten, pro-rata renounceable entitlement offer
  • Discovery Metals Limited Rights ASX/DML:
    • Issue and placement raising A$142 million across 13 jurisdictions
    • Debt project financing of US$205 million, including the negotiation and execution of complex copper and silver hedge agreements
    • A$50 million underwritten institutional secondary capital raising by way of an institutional bookbuild
    • Successful US$159 million debt re-profiling
  • MinQuest Limited placement to exempt investors and convertible note issue
  • Sayona Mining Limited ASX/SYA:
    • A$2.57 million fully underwritten rights issue
    • A$7.1 million underwritten placement and accelerated rights issue
  • Tritium on its A$30 million capital raising for European and United States expansion
  • Vitrinite in relation to the A$50 million investment in Vitrinite Pty Ltd by a US-based investor