Estrella Resources (ASX:ESR) secures underwriting for US$8.3m of existing listed options
Estrella Resources Limited has secured underwriting of existing listed options for US$8.3 million. The underwriting was strongly supported by domestic institutions and high-net-wealth clients. The funds raised will be sufficient to cover the next 12 months of activities undertaken by the company.
Estrella Resources is a Western Australian focused nickel exploration and development company in a tier 1 mining jurisdiction that aims to become a significant Australian nickel producer. The company is currently focused on their Carr Boyd Nickel Project, of which they own 100%, applying modern systematic exploration to better understand the magmatic geology.
Oaklins’ team in Australia acted as lead manager and underwriter to the exercise of existing listed options for Estrella Resources.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreGewiss S.p.A. has completed a mandatory public tender offer for Beghelli S.p.A.
Gewiss S.p.A. has successfully finalized a mandatory public tender offer for Beghelli S.p.A.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn more