Fastbrick capital raise delay averted
Fastbrick's $6.3 million placement to investors including Fidelity International proceeded after a shareholder's Takeovers Panel challenge failed and shareholders voted to approve the second tranche.
Managing Director and CEO, FBR Limited
| Role | Organisation | Sources |
|---|---|---|
| CEO (former) | Fastbrick | @AuManufacturing |
| Managing Director and CEO | FBR Limited | @AuManufacturing (18 Feb 2025), @AuManufacturing (16 Oct 2024), @AuManufacturing (22 Jan 2024) |
Stories naming Mike Pivac. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fastbrick's $6.3 million placement to investors including Fidelity International proceeded after a shareholder's Takeovers Panel challenge failed and shareholders voted to approve the second tranche.
Roundup of manufacturing briefs: FBR's US venture option with CRH lapses, Li-S Energy appoints Rick Francis to its board as a director departs, plus sponsorship, TAFE funding, rate commentary and a hydrogen collaboration.
FBR announced a share placement of roughly $12.6 million, with Bell Potter managing and existing holder Brickworks among supporters, to fund working capital for its United States expansion alongside new CRH Ventures agreements.