Each one in plain English, with the numbers worked through for a shareholder.
18 June 2026capital raising announcement▲ Good
After shareholder approval on 12 June, Tranche 2 completed: 12m shares at $0.50 raising $6m, issued to Amplus Energy and Longreach. This completes the placement started in April; Tranche 1 raised $21m, giving $27m in total.
What it means for a shareholder
12.0m new shares at A$0.500 to raise about A$6.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The Share Purchase Plan closed 27 May with no shares issued; applications will be refunded. The planned up to $3m is not raised, so working-capital allocation shrinks. Finder says this does not materially affect its work program or KTJ milestones.
Tranche 1 of the placement completed: 42,000,000 shares issued at $0.50, raising $21m. Tranche 2 is 12m shares (10m needing related-party approval, 2m under ASX Listing Rule 7.1), subject to shareholder approval at a June EGM.
What it means for a shareholder
42.0m new shares at A$0.500 to raise about A$21.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The Share Purchase Plan opened to eligible Australian and New Zealand shareholders, who can apply for up to $30,000 of shares at $0.50. It closes 27 May 2026. Administrative step in the April raise, targeting up to $3m.
Finder raised A$27m via a placement of 54m shares at $0.50, a 15.3% discount to the last close, plus a Share Purchase Plan of up to A$3m at the same price. Funds go to long-lead items, engineering and FPSO modifications. Debt talks continue via Barrenjoey.
Tranche 2 of the placement completed after shareholders approved on 12 January: 14,067,568 shares at $0.37 raised about $5.2m from directors and Longreach. Completes the A$25m raise announced 3 December.
What it means for a shareholder
14.1m new shares at A$0.370 to raise about A$5.2m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Tranche 1 of the 3 December placement closed: 53.5m shares issued at $0.37 raising about $19.8m. Tranche 2 of 14,067,568 shares needs shareholder approval at an EGM expected January 2026. Continues the placement.
What it means for a shareholder
53.5m new shares at A$0.370 to raise about A$19.8m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Investor presentation for the Petrojarl I acquisition and A$25m placement at $0.37 per share, which was announced the same day. Mostly disclaimers in the visible text; no new terms beyond the announcement.
3 July 2025capital raising announcement● NeutralMajor
Finder raised $6.0m via a two-tranche placement of 92.3m shares at $0.065, a 15.8% discount to the 20-day VWAP. Longreach takes $2.7m (Tranche 2, needs shareholder approval), lifting it to 51.1%. Shares rise to 376m, funding work toward FID; First Oil targeted 2027.
What it means for a shareholder
92.3m new shares at A$0.065 to raise about A$6.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Finder placed the shortfall of 41.7m shares at $0.048 to institutions, raising about $2m and bringing the whole entitlement offer to about $6m. Directors applied for 2.19m more shares (about $105,000), subject to approval at the AGM.
What it means for a shareholder
41.7m new shares at A$0.048 to raise about A$2.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The entitlement offer closed with applications for 82.7m shares, raising $4.0m, about 65% take-up. A shortfall of 44.1m shares (about $2.1m at $0.048) may be placed with institutions by 6 December 2024, short of the full $6.09m so far.
Offer booklet for the 1-for-1.26 entitlement offer at $0.048 to raise about $6m, closing 6 September 2024. It contains the legal terms for the raising already announced; the extract shows no new figures.
The entitlement offer opened: about 126.9m new shares at $0.048 to raise about $6.09m, closing 6 September 2024. Longreach's voting power could rise to 66.57% if no one else participates. Opens the previously announced raising.
What it means for a shareholder
127m new shares at A$0.048 to raise about A$6.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Cover letter to shareholders from the Chair saying the entitlement offer is open at $0.048, closing 6 September 2024. It repeats known terms and says completion of the Timor-Leste acquisition is expected in August 2024.
8 Aug 2024capital raising announcement● NeutralMajor
Finder launched a non-underwritten 1-for-1.26 entitlement offer at $0.048 per share to raise up to about $6m, mainly to fund the Timor-Leste acquisition and work program. Longreach committed to take up its full entitlement of about $3.2m.
Finder Energy Holdings was admitted to the ASX on 6 April 2022, with trading starting 8 April. Its IPO raised $15 million by issuing 75 million shares at $0.20 each, giving a 157.5 million share base.
What it means for a shareholder
75.0m new shares at A$0.200 to raise about A$15.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
