Latest Asx Listing Rules News

Anax Metals has completed a $2.4 million strategic placement by issuing over 219 million shares to Gold Valley Pilbara, strengthening its capital base. The placement was executed under existing capacity and accompanied by a cleansing notice confirming regulatory compliance.

Vulcan Steel Limited has explained the late filing of a director’s interest notice due to an administrative error and outlined steps to strengthen compliance. The company commits to enhanced reminders and board training to prevent future delays.

Orion Minerals has responded to an ASX price query following a recent uptick in its share price, confirming no undisclosed material information exists while highlighting ongoing financing talks with Glencore.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Osmond Resources has affirmed the materiality of recent drilling results at its Orión EU Critical Minerals Project in Spain, clarifying the timing of its disclosures following ASX inquiries. The findings suggest a potentially large-scale heavy mineral deposit rich in valuable minerals.

Lindian Resources has successfully arranged a A$5 million options underwriting with Petra Capital, reinforcing institutional confidence as the options near expiry.

OD6 Metals has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information exists and attributing the market activity to an independent research report.

InhaleRx Limited has secured $427,500 from an initial tranche of its $1 million capital raise, issuing 17.1 million shares to support its inhaled therapies targeting pain and mental health conditions.

L1 Global Long Short Fund Limited (ASX – GLS) has opened a pro-rata non-renounceable entitlement offer to raise up to A$415 million, marking a pivotal step in its transition to L1 Capital’s Global Long Short Strategy. The offer includes a Top-Up Facility and a subsequent institutional placement to meet strong investor demand.

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.

Koba Resources has completed a $4.35 million placement of 87 million shares at 5 cents each, accompanied by 43.5 million free attaching options exercisable at 8 cents until mid-2028, following shareholder approval.

Norwood Systems has successfully raised $650,000 through an oversubscribed share placement, aiming to fuel its market growth and strategic partnerships in AI-driven voice communication.