Argonaut congratulates Berkeley Energia on Capital Raising
Argonaut, as Co-Manager to the Placement, has been successful in raising £24.1 million for Berkeley Energia Limited (ASX/AIM: BKY) (“Berkeley” or “the Company”) via a capital raising to institutional and other investors at an issue price of 45 pence per share, together with Joint Bookrunners, Peel Hunt LLP and Tamesis Partners LLP.
Argonaut congratulates Acacia Coal on Capital Raising
Argonaut, as Underwriter to the Entitlements Offer, has successfully raised A$1.97 million for Acacia Coal Limited (ASX: AJC) (“Acacia” or “the Company”) via a non-renounceable pro rata fully underwritten offer of new shares at an issue price of $0.003 each on the basis of 1 new share for every 2 shares held together with a placement to sophisticated and professional investors.
Argonaut congratulates OpenDNA on successful IPO
Argonaut, as Lead Manager has successfully raised A$8 million for OpenDNA Limited (ASX: OPN) (“OpenDNA” or “the Company”) via an oversubscribed initial public offering (“IPO”) of 40 million new fully paid ordinary shares at $0.20 per share. Proceeds of the IPO funds raised will be used to fully commercialise OpenDNA’s proven personalisation technology and accelerate business development, sales & marketing efforts. OpenDNA technology can be used by businesses regardless of size, industry and operating platform.
Argonaut congratulates Antipa Minerals on Capital Raising
Argonaut, as Lead Manager to the Placement, has successfully raised approximately A$7 million for Antipa Minerals Limited (ASX: AZY) (“Antipa Minerals” or “the Company”) via a placement to Australian investors and affiliates & clients of the Sprott Group of Companies and a share purchase plan to existing shareholders.
Argonaut’s Best Undeveloped Projects – The Top 10
Argonaut has completed its annual review of the best undeveloped metals and mining projects owned by ASX listed companies. Companies that were identified with the best undeveloped projects in our previous editions outperformed their respective peer groups and relevant indices, with many being acquired, financed or partnered. A notable outcome of our analysis is that we have been unable to identify a project meeting our criteria that resides in an ASX major or mid-tier, with all the projects in aspiring juniors or small-cap companies (none of which are producers). Argonaut has applied the following selection criteria to identify the best undeveloped projects, which include: