News Articles for Discovery Capital Partners

Leeuwin Metals' debut on the ASX has marked the end of a two-month initial public offering drought for Western Australian companies.

Uranium explorer Basin Energy has listed on the ASX with plans to size up three exploration projects in Canada following a $9 million initial public offering.

RLF AgTech is looking to expand the profile of its crop nutrition products on the back of an $8.5 million initial public offering and ASX debut this morning.

Elevate Uranium and Valor Resources have raised funds to advance their uranium projects, while fellow WA companies Saturn Metals and Medallion Metals are continuing their search for gold.

Great Boulder Resources has lodged a prospectus to raise funds for copper-nickel-cobalt spin-out, Cosmo Metals ahead of a proposed listing in the new year.

Explorers Kin Mining and Alchemy Resources are set to raise $13 million and $3.1 million respectively in a bid to push ahead with ongoing exploration and drilling activities.

Besra Gold has returned to the ASX after a restructuring, while E79 Gold Mines has started trading and Medallion Metals has spun out its nickel assets.

Great Boulder Resources has secured $5.5 million from a share placement to fast-track exploration at its Side Well and Whiteheads gold projects.

Westar Resources has joined the rush of gold IPOs this year, seeking to raise $5 million to explore its projects in Western Australia.

The corporate regulator has strongly criticised company directors and lead managers involved in mining IPOs, saying they often have conflicts of interest, favour select clients and are focused on chasing short-term gains.

Calidus Resources has completed a placement to raise $9 million, with the funds to go towards the development of its Warrawoona gold project.

Burswood-based Alkane Resources has invested $3.7 million in gold explorer Calidus Resources, with the proceeds to fund completion of a pre-feasiblity study at the Warrawoona project in the Pilbara.

West Perth-based Antipa Minerals has announced a capital raising of $3.3 million, and is planning an entitlement offer for an additional $4.3 million, with the funds to be spent on exploration work at the company's projects in the Paterson region of Western Australia.

Peter Bilbe-led Adriatic Metals began trading on the ASX today, after the company raised $10 million via an initial public offering to fund exploration work at its Veovaca and Rupice projects in Europe.

A Perth corporate advisory firm is acting as lead manager to raise $US15 million for an Australian cryptocurrency that will make it easier for banks to verify the sources of payments they receive from the growing digital cash market.