Argonaut acted as Financial Advisor to Dardanup Butchering Company (DBC) on its new partnership, which will see Westpork acquire a 50% stake in the 70 year old WA family business. The transaction will strengthen DBC’s position in the market as a processor, wholesaler and food service provider and create substantial business opportunities without any changeRead more
Argonaut acted as Global Coordinator, Joint Lead Manager, Joint Bookrunner and Joint Underwriter to the A$111.4 million Placement and Financial Advisor to Global Lithium Resources Limited (ASX:GL1) to fund the A$60 million acquisition of the remaining 20% of the Manna Lithium Project. The Placement was well supported by a significant number of new Tier 1 Read more
Argonaut acted as Joint Lead Manager to a $28.5m Two Tranche Placement for Pantoro Limited (ASX:PNR). The Placement was well supported, with participation from domestic and international institutions and sophisticated investors. Funds from the Placement will be primarily used to support the Norseman Gold Project as it ramps up to full production. Argonaut is delightedRead more
Argonaut acted as Joint Lead Manager to a $20.4 million Placement and Entitlement Offer for Kin Mining NL (ASX: KIN). The Placement was supported by new and key existing shareholders. Funds from the Placement will enable Kin to progress infill and extension programs at its Eastern Corridor targets along with multiple other identified prospects atRead more
Argonaut acted as Lead Manager to a $6.6 million Placement for Wia Gold Limited (ASX:WIA). The Offer was underpinned by strong support from a number of new domestic and international institutional and sophisticated investors. Following recent success, the Company is now well positioned to advance further exploration drilling at its Kokoseb Gold Project in NamibiaRead more
Argonaut acted as Joint Lead Manager and Joint Underwriter to a $130 million Placement for De Grey Mining Ltd (ASX: DEG) (“De Grey” or the “Company”). The Placement was underpinned by strong support from domestic and international institutional and sophisticated investors. Funds from the Placement will be applied towards the Mallina Gold Project DFS, resourceRead more
Perth, Western Australia: Argonaut, the specialist resources investment banking & stockbroking firm, is pleased to announce an unaudited Attributable Net Profit after Tax of $16.7 million (FY21: $10.3 million) for the year ended 30 June 2022. This record profit result – achieved in Argonaut’s 20th year of operation – enabled the payment of full-year fullyRead more
Argonaut acted as Joint Lead Manager to a $6.0m Placement for Minbos Resources Limited (ASX:MNB). The Offer was underpinned by strong support from a number of new and existing sophisticated and professional investors. Funds will be utilised towards delivering important milestones for its Cabinda Phosphate Project and progress important fertilizer and carbon opportunities. Argonaut is delightedRead more
Argonaut acted as Joint Lead Manager to a Two Tranche $7.0m Placement for Matrix Composites and Engineering Limited (ASX:MCE). The Offer was underpinned by strong support from a number of new and existing institutional and sophisticated investors. The Company is now well capitalised to support new opportunities emerging for high tech, composite material solutions, particularlyRead more
Argonaut acted as Joint Lead Manager to a $55m institutional placement (“Placement”) for Predictive Discovery Limited (ASX:PDI). The Placement was strongly supported by new institutional and domestic investors and existing shareholders. Funds from the Placement will be applied towards growing the 3.65Moz Resource at Bankan, scoping study workstreams, baseline environmental studies and general working capital.Read more
