Latest News

Argonaut Congratulates Metro Mining on Transformational Capital Raising

Argonaut acting as Lead Manager has successfully raised A$38 million for Metro Mining Limited (ASX: MMI) (“Metro”) via a two tranche placement to Australian and international institutional investors at an issue price of A$0.135 per share. The placement was heavily oversubscribed with significant demand generated from existing and new institutional investors.

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Argonaut Congratulates Metro Mining on Debt Financing

Argonaut, acting as financial advisor, has successfully advised on debt facilities totalling A$40 million for Metro Mining Limited (ASX: MMI) (“Metro”). The funds raised by the debt facilities will be used to underpin the financing for the development and construction of Metro’s Bauxite Hills Mine, in Cape York, Queensland.

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Argonaut congratulates Botanix Pharmaceuticals on Placement

Argonaut has acted as Lead Manager to Botanix Pharmaceuticals Ltd (ASX: BOT) (“Botanix”) in its oversubscribed placement of A$7.4 million to new and existing institutional and sophisticated investors.

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Argonaut congratulates Vital Metals on Placement

Argonaut has acted as Joint Lead Manager to Vital Metals Limited (ASX: VML) (“Vital”) in its oversubscribed placement of A$5 million to professional and sophisticated investors by issue of 400,000,000 new ordinary shares at $0.0125 per share. The funds raised under the placement will enable Vital to significantly ramp up exploration by committing to a 12,500 metre drilling program in Burkina Faso and reduce their Macquarie bank loan facilities.

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Congratulations Metro Mines on your Capital Raising

Argonaut as Lead Manager has been successful in raising of A$52.4 million for Metro Mining Limited (ASX: MMI) (“Metro”) to Australian and international institutional and professional investors via a combined placement and 1:2 fully underwritten non-renounceable entitlements offer at an issue price of A$0.125 per share.

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