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Gold miner Catalyst Metals preps $130m cash call

The $1.5 billion gold miner Catalyst Metals has pressed play on its third deal this year, dispatching Argonaut Securities and Canaccord Genuity to drum up fresh equity on Wednesday morning.

Catalyst launched the cash call after a 500 per cent-plus rally in the share price. Dominic Lorrimer

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/gold-miner-catalyst-metals-launches-130m-cash-call-20250521-p5m0ya