CAPITAL MARKETS

Capital Watch: Excelsior, Burey and more

Raisings from Excelsior, Burey, Global Geoscience, Alloy, Maximus and Core

Kristie Batten

This article is 9 years old. Images might not display.

Excelsior Gold has raised $A4.55 million in an oversubscribed placement lead managed by Patersons Securities.

The company issued 75.8 million shares at 6c per share, a 12% discount to the 30-day volume-weighted average price.

The Kalgoorlie North project is now fully funded to production.

Congo-focused Burey Gold has completed a bookbuild via private placement to sophisticated and professional investors to raise around $2.15 million.

The placement, managed by Hartleys, will be undertaken in two tranches, with the second tranche comprising free-attaching options.

Cygnet Capital will manage a placement of 500 million Global Geoscience shares at 0.2c per share to raise $1 million.

The placement will be conducted in two tranches with proceeds to be used for working capital.

Alloy Resources has received firm commitments from professional and sophisticated investors to raise $700,000.

Bell Potter acted as lead manager to the placement, which will see 100 million shares issued at 0.7c per share.

After completing a $200,000 private placement, Maximus Resources has launched a share purchase plan.

Funds raised will be used to advance the Spargoville project.

Finally, Core Exploration has announced a fully underwritten one-for-four non-renounceable rights issue at 0.3c per option to raise up to $130,000.

The options have a 5c exercise price within 22 months.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.