Centrepoint Alliance Limited (CAF) Guidance Upgrade
$10.6M EBITDA Market Cap: $83.53M -1.16% ●

Financial Services Fintech B2B Services

FY25 EBITDA: $10.6M (actual result)
Previous (FY24): $9.1M
Growth: +$1.5M (+16%) - exceeded previous guidance
Volume: 3.39x average (high interest)

Key Drivers: Strong adviser growth (+22 net ARs), funds under management growth (+40% to $423M), revenue growth across business lines

Standout Metric: NPBT up 30% to $7.3M, demonstrating strong margin expansion alongside revenue growth

Brightstar Resources/Aurumin Limited (BTR/AUN) Scheme + Placement
$110.0M Market Cap: $54.5M (AUN) -1.0% ●

Mining Gold Mining M&A

Deal Structure: Scheme of arrangement + institutional placement
Pricing: $0.48 placement, 1:4 share ratio, ~21% premium to AUN close
Volume: 2.02x average (high interest)

Use of Funds: Fast-track growth and district-scale development across combined operations

Key Metric: Creates combined 3.9Moz resource base, transformational scale deal

Challenger Gold Limited (CEL) Institutional Placement
$37.5M Market Cap: $177.74M +4.88% ●

Mining Gold Mining Copper

Lead Investor: Elsztain Group (increased commitment from $4.5M to $7.5M)
Raise Type: Tranche 2 increase from $34.5M target
Strong Demand: Oversubscribed, allowing upsize

Use of Funds: Additional $3M earmarked for working capital to support expansion plans

Key Metric: Strong investor support with major participant increasing commitment by 67%

Australian Strategic Materials Limited (ASM) Share Purchase Plan
$11.9M Market Cap: $127.84M +3.76% ●

Mining Rare Earths Critical Minerals

Target vs Actual: $3M target vs $11.9M raised
Oversubscription: 295% oversubscribed
Pricing: 20% discount to VWAP

Use of Funds: US expansion initiatives and Korean Metals Plant ramp-up operations

Key Metric: Nearly 4x oversubscribed - "clear and powerful endorsement" from shareholders

Horizon Gold Limited (HRN) Placement + Rights
$12.0M Market Cap: $75.3M +1.96% ●

Mining Gold Exploration Development

Structure: $5M placement + $7M entitlement offer
Lead Manager: Morgans Corporate Limited
Terms: $0.48 issue price, 1-for-10 non-renounceable rights

Use of Funds: Gum Creek Feasibility Study, exploration drilling programs, and debt repayment

Key Metric: Low volume interest (0.21x) suggests tight register and selective participation

RareX Limited (REE) Hot Deal
$2.0M Market Cap: $20.24M +35.0% ●

Pricing: $0.022 (12% premium to 15D VWAP)
Volume: 9.4x average (exceptionally high)
Sweetener: 1:2 free attaching options

Standout: Demand significantly exceeded shares available, rare earth exploration focus

Manuka Resources Limited (MKR) Entitlement Offer
$8.0M Market Cap: $39.2M

Structure: Fully underwritten non-renounceable rights
Pricing: $0.043 issue price
Timing: July 21, 2025

Artemis Resources Limited (ARV) Discounted Placement
$4.8M Market Cap: $12.7M -16.67% ●

Pricing: $0.004 (20% discount to close, 27% to 15D VWAP)
Volume: 4.79x average (high volume)
Structure: Two tranches, tranche 2 needs shareholder approval

Use of Funds: 5,000m drill program across Carlow, Titan, and Cassowary projects

Equity Story Group Ltd (EQS) M&A
$4.2M Market Cap: $4.2M

Target: Baker Young Limited (wealth advisory)
Structure: $3M cash + $1.2M earn-out
Funding: $3M facility from Axiis Capital Pty Ltd

Key Assets: $700M+ funds under management, $4.5M FY24 revenue