Blog

Argonaut acted as Joint Lead Manager to successfully raise $40 million for Botanix Pharmaceuticals Limited (ASX: BOT) (“Botanix” or “the Company”) at an issue price of $0.21 per share. The capital raising was underpinned by strong support from US institutional investors, which included specialist US-based biotech investment funds reflecting the growing potential of the Company’sRead more

Argonaut acted as Lead Manager to successfully raise $3 million for St George Mining Limited (ASX: SGQ) (“St George” or “the Company”). Funds were raised from sophisticated and institutional investors by way of a $3 million placement at an issue price of $0.10 per share. The Placement supported by both new and existing shareholders. FundsRead more

Argonaut acted as a Placing Agent to successfully raise approximately US$61.5 million for PT Merdeka Copper Gold Tbk (IDX:MDKA) (“Merdeka” or the “Company”). The Company raised funds from existing and new domestic and international institutional investors by way of a US$61.5m Non Pre-emptive Share Issue (“Share Issue”) at an issue price of IDR3,980 per share. The Share Issue was well supported byRead more

In 2019, the 660km Gibb River Road lived up to its dusty, corrugated reputation.  Following a very dry “wet season”, the organisers said (and I quote), “It was certainly the toughest one yet; hottest, windiest, driest and bumpiest. The Gibb River Road reminded us of her venom with some of the most brutal sections ofRead more

Argonaut acted as Lead Manager to successfully raise A$20.8 million for Myanmar Metals Limited (ASX:MYL) (“Myanmar Metals” or the “Company”). The Company raised funds from Australian and international institutional and professional investors by way of a $20.8 million Placement (“Placement”) at an issue price of A$0.065 per share. The Placement was well supported by newRead more

Argonaut acted as Joint Lead Manager to successfully raise A$43.0 million for Pantoro Limited (ASX:PNR) (“Pantoro” or the “Company”). The Company raised funds from Australian and international institutional and professional investors by way of a $43.0 million Placement (“Placement”) at an issue price of A$0.20 per share. The Placement was oversubscribed. Pantoro has confirmed thatRead more

Argonaut acted as Lead Manager and Underwriter to successfully raise A$10.1 million for Capricorn Metals Limited (ASX:CMM) (“Capricorn” or the “Company”). The Company raised funds from Australian and international institutional and professional investors by way of a $10.1 million 1 for 5 accelerated non-renounceable fully underwritten entitlement offer (“Entitlement Offer”) at an issue price ofRead more

Argonaut acted as financial advisor to the TSX listed Cobalt 27 on its successful $114 million acquisition of Highlands Pacific Limited (ASX: HIG) (“Highlands”) via a Papua New Guinea  Scheme of Arrangement (Scheme) in. Highlands is a partner in the world-class Ramu Nickel-Cobalt Mine located in PNG. Under the Scheme Cobalt 27 offered to acquireRead more

Argonaut acted as Financial Advisor for Paringa Resources Limited (“Paringa”) for its US$56 million Term Loan Facility (“TLF”) with Tribeca Global Resources Credit Pty Ltd (“Tribeca”) (as agent) and Tribeca Global Natural Resources Ltd (ASX:TGF) and the Tribeca Global Natural Resources Credit Funds (as lenders). The Tribeca TLF is an attractive funding package that providesRead more

Argonaut acted as Joint Lead Manager to successfully raise A$6.0 million for Apollo Consolidated Limited (ASX:AOP) (“Apollo” or the “Company”). The Company raised funds from Australian and international institutional and professional investors by way of a $6.0 million Placement (“Placement”) at an issue price of A$0.20 per share. The Placement was oversubscribed. Apollo has confirmedRead more