Australia-based Venturex Resources has reached an agreement to raise up to A$3.75m ($2.93m) in non-renounceable rights offering of shares, priced at A$0.005 ($0.004) each.

The subscribing shareholders will receive two shares for every seven shares held in the company.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The company has engaged Euroz Securities as the lead manager and underwriter for the transaction, which will close on 3 August.

"Under the issue, the existing shareholders will be offered a new share of the company for every three shares held."

Venturex is engaged in the exploration and development of zinc mines.

India-based steel producer Tata Steel plans to issue non-convertible debentures (NCDs) in a private placement to raise up to Rs100bn ($1.55bn).

Australia-based mineral exploration company Zinc of Ireland plans to raise A$1.56m ($1.22m) through a rights issue of shares, each priced at A$0.0005 ($0.00039).

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Under the issue, the existing shareholders will be offered a new share of the company for every three shares held, along with an attaching option exercisable for A$0.015 ($0.11), before 21 July 2021.

SeAH Besteel Corporation has raised KRW110bn ($96.8m) in an indirect public offering of fixed-rate coupon corporate bonds maturing on 14 July 2020.

Based in Korea, SeAH Besteel is engaged in the manufacturing of speciality steel products.

Mining Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Mining Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact

Excellence in Action
Awarded the 2025 Mining Technology Excellence Innovation Award for Equipment Diagnostics, Razor Labs’ DataMind AI™ platform turns sensor data and imagery into actionable maintenance insights, avoiding hundreds of thousands of dollars in downtime. Find out how leading mines are using DataMind AI™ to keep critical assets running.

Discover the Impact