Each one in plain English, with the numbers worked through for a shareholder.
8 May 2026capital raising announcement▲ GoodMajor
Tranche 2 of the equity raise completed: ~320M new shares for ~A$67M before costs. Core has received about A$157M net of costs so far. The convertible note's second tranche still awaits FIRB approval, and the BP33 underground contract is near award.
19 Mar 2026capital raising announcement▲ GoodMajor
The intended A$120M raise is fully committed at A$0.21 a share, a 4.5% discount to the last price of A$0.22. A$53M Tranche 1 is unconditional; A$67M Tranche 2 needs shareholder approval. About 571M new shares will be issued, diluting existing holders.
The share purchase plan raised about A$4.3M at A$0.105, issuing 41.3M shares, well short of the ~A$10M targeted. Combined with the A$50M placement, this completes the August raising apart from placement Tranche 2.
What it means for a shareholder
41.3m new shares at about A$0.1041 to raise about A$4.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The share purchase plan opened for eligible shareholders to buy up to A$30,000 of shares at A$0.105, the same price as the placement, targeting about A$10M. It closes 24 September 2025. Proceeds go to working capital.
28 Aug 2025capital raising announcement▲ GoodMajor
Core raised A$50M at A$0.105 per share (about 476.2M shares) in a two-tranche placement run by Argonaut and Canaccord, with cornerstone investors led by Fourth Sail Capital, plus a planned A$10M share purchase plan. Tranche 2 (~A$20.8M) needs shareholder approval.
What it means for a shareholder
476m new shares at about A$0.105 to raise about A$50.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The share purchase plan raised about A$11.4M, issuing 28,418,750 shares at A$0.40, below the A$20M target. With the A$100M placement, total equity raised is about A$111.4M.
What it means for a shareholder
28.4m new shares at A$0.400 to raise about A$11.4m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The share purchase plan opened, letting eligible shareholders buy up to A$30,000 of shares at A$0.40, targeting about A$20M and closing 15 September. ASX granted the waiver needed. SPP funds are for working capital.
17 Aug 2023capital raising announcement● NeutralMajor
The A$100M placement at A$0.40 completed, issuing 250 million new shares, backed by existing and new institutional investors. Funds go to BP33 early works, recovery improvements and exploration. The SPP (up to A$20M, A$0.40) follows, closing 15 September.
16 Aug 2023capital raising announcement● NeutralMajor
Core launched a fully underwritten A$100M placement at A$0.40 a share, plus a non-underwritten A$20M share purchase plan at the same price. Funds go to BP33 early works, plant optimisation, exploration and study work during ramp-up. Pro forma cash is about A$201-221M.
Core completed the fully underwritten A$100M placement of about 97.1M shares at A$1.03, citing strong demand from domestic and offshore institutions. Settlement is due 7 October with allotment 10 October. This resolves the raising launched on 30 September.
What it means for a shareholder
97.1m new shares at A$1.03 to raise about A$100m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Core launched a fully underwritten A$100M placement of about 97.1M shares at A$1.03, a 6.8% discount to the last close. Funds go to faster exploration (A$25M budgeted for 2023), early works at BP33, the night shift and working capital. Dilutes existing holders.
What it means for a shareholder
97.1m new shares at A$1.03 to raise about A$100m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The share purchase plan drew over A$43M in applications against a A$15M target. Core raised the size to A$25M, scaled back all applications, and will issue about 81M shares at A$0.31, extra funds going to acquisition, exploration and resource drilling.
Chairman's letter and terms for the share purchase plan: eligible Australian and NZ holders can buy A$2,500 to A$30,000 of shares at A$0.31, free of brokerage. The plan targets up to A$15M and closes 2 September 2021.
11 Aug 2021capital raising announcement▲ GoodMajor
The A$91M placement at A$0.31 was completed, with demand well above the shares on offer. With Ganfeng's A$34M (pending approvals) and the share purchase plan, Core says Stage 1 is fully funded, with first production targeted for late 2022.
Core launched a fully underwritten A$91M placement of ~293M shares at A$0.31, plus a Ganfeng A$34M investment at A$0.338 and a share purchase plan of up to A$15M. Total up to A$140M, which Core says fully funds Stage 1, resolving the funding thread before construction start in 2H 2021.
What it means for a shareholder
293m new shares at A$0.310 to raise about A$91.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Core raised $40M through a placement of 160M shares at $0.25 to institutions, a 4% premium to the 20-day VWAP, with one free $0.45 two-year option per two shares. Funds go to Finniss development, resource drilling and working capital; construction is anticipated before year-end, subject to FID.
What it means for a shareholder
160m new shares at $0.250 to raise about $40.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
19 Aug 2020capital raising announcement▲ GoodMajor
Core signed a non-binding MOU with Xinfeng for 20,000-30,000tpa for three years, with potential project finance. A $1M placement to Xinfeng at 4.6c is escrowed 12 months. Yahua, Transamine and Xinfeng together equal about 85% of capacity, but only Yahua is binding.
The share purchase plan raised $2,074,325 through 48.8M new shares, issued 22 June, with no scale back. Applications above $30,000 per holder across the two plans were cut to $30,000. Completes the raise announced in May.
What it means for a shareholder
48.8m new shares at about $0.0425 to raise about $2.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Share purchase plan offer opens to eligible shareholders: $2,500 to $30,000 each at 4.25c, a 24.7% discount to the 5-day average price, targeting $1.5M. Closing date was set for 18 June 2020. Mechanics of the raise announced on 27 May.
27 May 2020capital raising announcement● NeutralMajor
Core raises $5.5M via a placement of 129.8M shares at 4.25c, plus a $1.5M share purchase plan on the same terms. Funds go to Finniss studies, environmental work and drilling later in 2020. Director McComas commits $61,557, subject to shareholder approval.
What it means for a shareholder
130m new shares at $0.0425 to raise about $5.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
10 July 2019capital raising announcement▲ GoodMajor
LRC got unconditional FIRB approval, so the A$6.875M held in escrow is released to Core. The SPP underwriters also took 8.75M shares at 4c ($0.35M). Core cites $11.8M raised across the SPP, royalty and placement; shares now 786.9M.
What it means for a shareholder
8.8m new shares at $0.040 to raise about $350,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
27 June 2019capital raising announcement▲ GoodMajor
The SPP closed oversubscribed, raising $3.3M at 4c (83.725M shares, versus $2M targeted), lifting shares on issue to 778.2M. The first $6.9M of LRC royalty funds is expected in July. Money will fund resource drilling and exploration ahead of a final investment decision.
What it means for a shareholder
83.7m new shares at about $0.0394 to raise about $3.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The SPP drew demand above the $2M target. Closing is extended to 24 June and Core is considering raising more to limit scale-backs. Share issue moves to 27 June.
5 June 2019capital raising announcement● NeutralMajor
Core offers shareholders a Share Purchase Plan to raise up to $2.0M at 4.0c, partly underwritten to $1.0M, alongside the $8.1M LRC royalty. Underwriter gets a 5% fee and 4M options at 6c. Funds go to Finniss development, resource drilling and working capital.
Offer booklet for the SPP announced the same day: eligible Australian and NZ holders can apply for $2,500-$15,000 of shares at 4.0c, a 10.4% discount to the 5-day average price. MIMO Strategies underwrites $1.0M. Closes 21 June; no new commercial information.
The $3M placement at 5c is complete, with the balance of funds received. Yahua and Ruifu-linked parties took $1.5M. A final 12M shares were issued, bringing shares to 693.9M. Resource drilling resumed, with new estimates due by end of January.
10 Dec 2018capital raising announcement● NeutralMajor
Placement of about 60M shares at 5c raises about $3M, including $1.5M from Yahua and Ruifu. Funds go to the feasibility study and resource drilling. The expanded DFS is now targeted for late Q1 2019. Ruifu binding deals still pending.
What it means for a shareholder
60.0m new shares at $0.050 to raise about $3.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
6 Dec 2018capital raising announcement● NeutralMajor
The feasibility study, due late November, is delayed to include the expanded resources and a possible higher-grade product. Yahua and Ruifu commit $1.5M at 5c within up to $4M planned. Binding Ruifu deals now expected Q1 2019; construction timetable unchanged.
Yahua committed a further $1.4M at 5.3c (26.4M shares), on top of its $2.0M in 2017, taking it to a 9.7% holding before SPP shares. Funds go to resource and regional drilling at Finniss. It uses the same placement capacity (LR 7.1).