15 Dec 2025capital raising announcement▲ GoodMajor
Issued $120M of 4.75% Convertible Senior Notes due 2031 (net proceeds ~$114.8M, conversion price $1.73/share, a 27.5% premium), funding Shirley Basin development and paying for capped-call hedges to limit future dilution -- the company's first major long-term debt instrument and its largest capital raise yet.