Blog

Stan Wu, Greg Southee and Eddie Rigg recently attended the PT Merdeka Copper and Gold TBK Hawaiian themed celebratory dinner in Bali. Argonaut acted as Joint Lead Manager with HSBC and Indo Premier in relation to a US$62m capital raising in July 2019.Read more

Junior members from Argonaut’s Corporate Finance and Stockbroking division recently attended a trip to Kalgoorlie to broaden their exposure to mining and improve their understanding of the natural resources industry. A key part of the trip was attending Saracen’s Carosue Dam operations (pictured), where we were kindly hosted by Troy Irvin, Emma Murray-Hayden and SamRead more

Argonaut acted as Financial Advisor to Margaret River Premium Meat Exports Pty Ltd (“MRPME” or the “Company”), developer of the iconic “Margaret River Wagyu” brand and Western Australia’s largest producer and supplier of Wagyu Beef, for the 100% Company Sale to Stone Axe Pastoral Company Pty Ltd (“Stone Axe”). Stone Axe acquired MRPME by wayRead more

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