Alpine Capital

Cap Raise Crucible: Canaccord leads big mining dash for cash

Roundup of 35 ASX capital raisings seeking a combined $687.5m in late August and early September, led by mining deals; Canaccord Genuity topped the broker table and three IPOs floated.

Cap Raise Crucible: Canaccord leads big mining dash for cash

Roundup tallies 35 ASX equity fundraises seeking $687.5 million, mostly miners; Canaccord Genuity led broker mandates with nine deals, while FireFly Metals' $190 million package was the period's largest.

Also The Age Business

Activeport raises A$3.6M placement; Antipodes takes 5.1% stake

Activeport, an Australian network automation firm, has locked in a A$3.634m equity placement. Fund manager Antipodes Partners and Scobie Ward joined as backers; MWP Partners followed on. Antipodes now holds about 5.1% voting power.

Carbar and Carasti merge into A$74M global car subscription platform

Australian vehicle-subscription firm Carbar and UAE counterpart Carasti have combined under a Singapore-headquartered parent, ownership split 55/45 between their shareholders; a capital raising is under way to bankroll the combined group's expansion.

Nexsen Limited (ASX:NXN) Successfully Lists on the ASX Following $8 Million Initial Public Offering

Australian nanobiotech firm Nexsen has begun trading on the sharemarket after an $8m IPO; earlier government grants and an RMIT research collaboration are also noted.

Also proactiveinvestors.com·Mirage News