CIBC World Markets

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

Challenger bank Judo says it will lend $1 billion to SMEs by the end of 2019

Melbourne challenger bank Judo raised a record A$400 million Series A, drawing new offshore backers Bain Capital Credit and Tikehau Capital, and aims to lend $1 billion to small businesses by Christmas.

PHARMAXIS LTD ANNOUNCES PRICING OF GLOBAL CAPITAL RAISING

Pharmaxis priced a two-tranche global capital raising: a US public offering plus an Australian institutional placement, with combined net proceeds around US$58.6 million (A$80 million) to fund drug development and manufacturing.