MST Capital Markets
Funding secured.
Growth accelerated.
MST Capital Markets adopts an innovative approach to meeting clients' capital needs by leveraging the firm’s full capabilities to develop and execute effective capital market solutions.
MST Capital Markets is dedicated to providing bespoke ECM solutions tailored to small cap and emerging companies. Our comprehensive capital markets offering includes pre-Initial Public Offering (IPO) financing, private placements, IPOs and follow-on equity issuances. Our expert team combines innovative strategies with in-depth market knowledge, enabling us to connect companies with the right investors to secure the capital needed for their growth initiatives. With significant experience in structuring and distributing capital raisings across various markets, MST Capital Markets fully utilises MST's capabilities and robust network of institutional and high-net-worth investors, to create and implement effective ECM solutions.
Years' combined experience
Transactions
Total transactions value
Recent transactions
Explore our latest equity capital market transactions.
Joint Lead Manager
A$13,000,000
Vitasora Health Limited
Vitasora Health Limited
Institutional Placement
Jul 2025
Joint Lead Manager
A$70,000,000
Aspen Group Limited
Aspen Group Limited
Institutional Placement
May 2025
Lead Manager
A$5,000,000
Stealth Group Holdings Ltd
Stealth Group Holdings Ltd
Institutional Placement
Apr 2025
Joint Lead Manager
A$10,000,000
Decidr AI Industries Ltd I
Decidr AI Industries Ltd I
Institutional Placement
Mar 2025
Joint Lead Manager
A$40,000,000
Findi Limited
Findi Limited
Institutional Placement
Mar 2025
Lead Manager
A$4,000,000
Respiri
Respiri
Institutional Placement
Mar 2025
Joint Lead Manager
A$7,000,000
Elixir Energy Ltd
Elixir Energy Ltd
Institutional Placement & SPP
Feb 2025
Joint Lead Manager
A$330,000,000
MA Credit Income Trust
MA Credit Income Trust
Initial Public Offering
Feb 2025
Lead Manager
A$40,000,000
Alterity Therapeutics Ltd
Alterity Therapeutics Ltd
Institutional Placement
Feb 2025
Lead Manager
A$2,000,000
OpenLearning Limited
OpenLearning Limited
Placement & Debt Facility
Dec 2024
Joint Lead Manager
A$1,650,000
Ionic Rare Earths Limited
Ionic Rare Earths Limited
Institutional Placement
Dec 2024
Joint Lead Manager
A$336,800,000
Cuscal Limited
Cuscal Limited
Initial Public Offering
Nov 2024
Co-Manager
A$5,500,000
Xanadu Mines Ltd
Xanadu Mines Ltd
Institutional Placement
Oct 2024
Joint Lead Manager
A$7,100,000
Rumble Resources Limited
Rumble Resources Limited
Institutional Placement
Oct 2024
Joint Lead Manager
A$3,000,000
Noble Helium Limited
Noble Helium Limited
Institutional Placement
Sep 2024
Lead Manager
A$22,500,000
Enlitic Inc
Enlitic Inc
Conditional Placement
Sep 2024
Lead Manager
A$9,000,000
Gratifii Limited
Gratifii Limited
Institutional Placement & ANREO
Sep 2024
Lead Manager
A$227,000,000
Opthea Limited
Opthea Limited
Institutional Placement & Entitlement Offer
Jun 2024
Lead Manager
A$5,000,000
Southern Hemisphere Mining Limited
Southern Hemisphere Mining Limited
Institutional Placement
Jun 2024
Lead Manager
A$8,370,000
Adherium Limited
Adherium Limited
Institutional Placement & Entitlement Offer
Apr 2024
Co-Manager
A$23,000,000
Anteris Technologies Limited
Anteris Technologies Limited
Institutional Placement
Apr 2024
Joint Lead Manager
A$10,000,000
Neurotech International Limited
Neurotech International Limited
Institutional Placement
Apr 2024
Co-Manager
A$8,000,000
Vintage Energy Limited
Vintage Energy Limited
Institutional Placement & Entitlement Offer
Mar 2024
Joint Lead Manager
A$12,500,000
Arovella Therapeutics Limited
Arovella Therapeutics Limited
Institutional Placement
Mar 2024
Lead Manager
A$1,600,000
Gratifii Limited
Gratifii Limited
Institutional Placement
Mar 2024
Joint Lead Manager
A$8,000,000
Nova Eye Medical Limited
Nova Eye Medical Limited
Institutional Placement & ANREO
Feb 2024
Lead Manager
A$4,800,000
Bluechiip Limited
Bluechiip Limited
Institutional Placement & Entitlement Offer
Feb 2024
Joint Lead Manager
A$28,300,000
Genmin Limited
Genmin Limited
Institutional Placement & EO
Feb 2024
Lead Manager
A$3,250,000
Alterity Therapeutics Limited
Alterity Therapeutics Limited
Institutional Placement
Feb 2024
Co-Manager
A$40,000,000
WA1 Resources Limited
WA1 Resources Limited
Institutional Placement
Jan 2024
Co-Manager
A$12,600,000
FBR Limited
FBR Limited
Institutional Placement
Jan 2024
Lead Manager
A$2,500,000
Yandal Resources Limited
Yandal Resources Limited
Institutional Placement
Jan 2024
Lead Manager
A$8,000,000
CardieX Limited
CardieX Limited
Institutional Placement & Entitlement Offer
Dec 2023
Lead Manager
A$13,000,000
Field Solutions Holdings Limited
Field Solutions Holdings Limited
Debt Facility
Dec 2023
Lead Manager
A$21,000,000
Enlitic Inc
Enlitic Inc
Initial Public Offering
Dec 2023
Joint Lead Manager
A$14,000,000
Noble Helium Limited
Noble Helium Limited
Institutional Placement
Dec 2023
Joint Lead Manager
A$5,500,000
Ionic Rare Earths Limited
Ionic Rare Earths Limited
Institutional Placement
Nov 2023
Lead Manager
A$4,800,000
Alterity Therapeutics Limited
Alterity Therapeutics Limited
Institutional Placement & SPP
Nov 2023
Lead Manager
A$5,000,000
Senetas Corporation Limited
Senetas Corporation Limited
Institutional Placement & Entitlement Offer
Nov 2023
Lead Manager
A$4,000,000
Yandal Resources Limited
Yandal Resources Limited
Institutional Placement
Nov 2023
Joint Lead Manager
A$3,500,000
Meeka Metals Limited
Meeka Metals Limited
Institutional Placement
Oct 2023
Lead Manager
A$6,200,000
FBR Limited
FBR Limited
Institutional Placement
Oct 2023
Lead Manager
A$1,630,000
Bluechiip Limited
Bluechiip Limited
Institutional Placement
Oct 2023
Lead Manager
A$6,750,000
Redflow Limited
Redflow Limited
Institutional Placement
Sep 2023
Contact
Enquire about our capital markets services.

All material on this website has been prepared by MST Financial Services Pty Limited (ABN 54 617 475 180, AFSL 500 557) for general informational purposes only and is not a solicitation of any offer to buy or sell any financial instrument or to participate in any trading strategy. Unless otherwise stated, the material presented on this site is not a research report as defined under ASIC guidance. For wholesale clients only. This material is only prepared for wholesale clients pursuant to section 761G(7) of the Corporations Act (Commonwealth). Please also refer to MST's Privacy Policy, Terms of Use and Financial Services Guide.

Some of the products referred to on this website are issued by Equity Trustees Limited (ABN 46 004 031 298, AFSL 240975), the Responsible Entity of the funds. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a company listed on the ASX (ASX: EQT). Before making any investment decision, you should carefully review the relevant disclosure documents, including the Product Disclosure Statement (PDS), Reference Guide (RG), and Target Market Determination (TMD), available from Equity Trustees. For MST Individually Managed Accounts (IMAs), please refer to the Information Memorandum. MST does not warrant the accuracy or completeness of the information provided and disclaims all liability for any errors or omissions, to the extent permitted by law. Past performance is not a reliable indicator of future performance.