Amaero, Brightstar Resources, Black Rock Mining join Monday’s raisers

Strong sharemarkets around the world meant a spate of small caps were out rattling the tin on Monday morning, along with tearaway biotechASX-listed 3D printing business Amaero International is back in front of investors seeking a fresh equity injection via Curran & Co after a 236 per cent increase in its share price over the past 12 months.

Stockbroker Curran & Co has been appointed lead manager and sole book runner for the placement. Proceeds will be used for capital expenditure and fitting out its Tennessee manufacturing facility. Fund managers were told a long-only tier 1 domestic institution is anchoring the raise and will allocate a significant portion of the placement.The company is working on advanced manufacturing capability to service clients in defence, aerospace and other industries.

Curran & Co was calling for bids by 5pm AEDT on Monday. Amaero International last traded at 37¢ per share and has seen its stock price soar more than 200 per cent over the past year.Elsewhere, mining junior Brightstar Resources was raising $12 million to acquire St Barbara-backed unlisted gold producer Linden Gold Alliance to consolidate its position in WA’s Laverton hub.

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