News Articles for Canaccord Genuity Australia

High net worth investors are expected to fund ASX-listed Black Cat Syndicate $8.3 million to bolster exploration.

SQM and Mark Creasy's private investment group have backed Azure Minerals' capital raising, which comes less than a week after the explorer revealed it had been approached for a takeover.

Starting miner Core Lithium has sought investor support to the tune of $120 million as it grapples with growing pains at its flagship Finniss project in the Northern Territory.

Minerals explorer Centaurus Metals is tapping investors for a further $47 million to complete a definitive feasibility study for its project in Brazil.

Perth-based Lotus Resources and A-CAP Energy have agreed to a merger to combine their assets and be a major uranium player in Africa.

Develop Global has lined up a $150 million scrip deal to buy lithium junior Essential Metals, after securing the backing of major shareholder Mineral Resources.

Oil and gas explorer Invictus Energy is set to raise $12.75 million to fund drilling activities at its project in Zimbabwe.

Battery minerals explorer Galan Lithium has raised $31.5 million through an institutional placement to advance its projects in the south-west and Argentina.

Mineral exploration company Encounter Resources has tapped investors for $10 million to advance exploration activities at its West Australian and Northern Territory projects.

Three stalwarts of broking share the highs, lows and lessons learned from their careers doing business in resources-rich WA.

Mining services contractor Macmahon Holdings will invest more than $10 million in Calidus Resources' plan to raise $38.5 million to expand its gold project in the Pilbara.

Latin Resources is on track to raise $37.1 million from institutional investors for its Salinas lithium project in Brazil.

Genesis Minerals is understood to have locked in a new deal to buy St Barbara's Leonora assets for $600 million while removing risks tied to its earlier merger plan.

Aspiring lithium miners face challenges and opportunities as they race to turn prospects into production.

Hastings Technology Metals has secured a letter of support for up to $100 million in government funding to develop its proposed Yangibana rare earths project.

Mark Zeptner-led goldminer Ramelius Resources is continuing an acquisitive streak by launching a friendly scrip takeover for Eastern Goldfields explorer Breaker Resources.

Gina Rinehart's Hancock Prospecting has backed Catalyst Metal's $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.

Gina Rinehart-backed Catalyst Metals has inked a $C55 million merger with Toronto-based Superior Gold, just a month after securing control of Vango Mining.

Leonora centrepiece St Barbara has copped a big loss ahead of its merger with Genesis Minerals, as new miner Red 5 pushes its case as a “logical” processing hub for players in the prominent gold province.

Lithium hopeful Winsome Resources is set to raise $60 million to fast track its exploration projects in Canada.

Corporate advisory business Sternship Advisers and law firms Corrs Chambers Westgarth and Hamilton Locke lifted their market shares in 2022.

Genesis Minerals boss Raleigh Finlayson has locked in another part of his ambition to consolidate the Leonora region after striking a deal to buy neighbouring gold company St Barbara.

Bellevue Gold is looking to bolster its bank balance by $70 million as it continues construction on its namesake project and prepares to award a material mining contract in the coming weeks.

Hancock Prospecting will take up a 10 per cent stake in Arafura Rare Earths via the ASX lister's latest capital raising and another show of diversity for the Rinehart investment wheelhouse.

A lithium explorer led by Atlas Iron founder David Flanagan is on track to raise $60 million to fund exploration and development campaigns at two WA projects.

Global Lithium is lining up $121 million from institutional investors to buy the remaining stake in its second exploration project, with Mineral Resources pitching in to maintain its interest.

Nickel junior GME Resources has lined up a potential offtake deal with global automotive manufacturer Stellantis as it sounds out investors for a planned capital raising.

De Grey Mining is sounding out institutional investors for a $150 million capital raising to fund a definitive feasibility study for its star asset.

Labour shortages and inflationary pressures have rocked even WA's biggest resources companies.

Core Lithium has kicked off a $100 million share placement to advance exploration and construction efforts at the Finniss lithium project in the Northern Territory.

Red 5 is chasing $60 million from institutional investors to cover ramp-up costs for its new King of the Hills operation as consolidation talks with fellow Leonora miner St Barbara continue.

Lithium Energy has tapped new and existing investors for $15 million to fund a drilling campaign at its Solaroz lithium project in Argentina.

Hastings Technology Metals is hoping to raise up to $110 million to develop its proposed Yangibana rare earths project in Western Australia's Gascoyne region.

UUV Aquabotix will go ahead with a reverse takeover of emerging consumer fintech One Click Life after a successful fund raising effort that resulted in the maximum $5.5 million being accepted after oversubscriptions.

West Perth-based junior Evolution Energy Minerals has raised $13 million to fund engineering design work and an updated definitive feasibility study for its graphite project in Tanzania.

Budding rare earths producer Arafura Resources has successfully tapped new and existing investors for $41.5 million for the Nolans project after shares were offered at a generous discount.

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

Genesis Minerals is set to acquire WA gold miner Dacian Gold in a scrip deal valuing the target at $111 million, with non-executive director Nev Power to resign should the purchase go ahead.

Cyprium Metals is seeking up to $26 million from investors to fund a restart of its Nifty copper project in WA's Pilbara region.

Rare earths newcomer OD6 Metals has had a subdued start to its first trading session on the ASX, with shares changing hands around 4 cents lower than its initial public offer price.