Latest Legal Challenges News

Mayne Pharma shareholders have overwhelmingly approved the scheme of arrangement for Cosette Pharmaceuticals to acquire the company at $7.40 per share, despite ongoing legal challenges and regulatory approvals still pending.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

Mayne Pharma rejects Cosette Pharmaceuticals’ claims of valid termination of their scheme deal, setting the stage for a September court showdown while urging shareholders to back the scheme in June.

Yowie Group Ltd has initiated an off-market takeover bid to acquire Keybridge Capital Limited, offering one Yowie share for each Keybridge share amid Keybridge's financial distress and administration history.

Fintech Chain Limited reported a 24% revenue increase to RMB55.9 million for FY2025 driven by new SaaS products, yet it remains in the red with a net loss of RMB4.8 million. The company has also applied for delisting from the ASX.

South Africa’s Minister of Mineral Resources has upheld Renergen’s helium extraction rights at the Virginia Gas Project, rejecting an appeal from Springbok Solar and securing the company’s production future.

Newfield Resources has taken a significant step forward with a new management partnership for its Tongo Diamond Mine, while facing legal challenges over the termination of its Tonguma Mine agreement.

Mount Burgess Mining has applied to the Supreme Court of Western Australia for orders to validate previous share sales and extend deadlines for cleansing notices, aiming to shield sellers from civil liability. The hearing is set for 19 May 2025.

The Finnish Government’s proposed amendments to the Mining Act could resolve licensing uncertainties for Latitude 66’s KSB Project, even as key mining rights expire following a court decision.

NRW Holdings faces a significant threat to its $113.3 million secured debt after the South Australian Government proposed legislation that could invalidate key lease agreements underpinning its security interests in Whyalla Ports.

Black Dragon Gold Corp. reported a Q1 2025 net loss of CAD 377,262 while advancing its Salave Gold Project in Spain, navigating permitting challenges and legal disputes over land re-zoning. The company also progressed exploration and asset sales in Australia, maintaining a cautious outlook on financing.

Augustus Minerals has executed a binding agreement to acquire a company holding a contested third in line licence application for the Mt Kare Gold Project in Papua New Guinea, a site with a historic resource of over 2 million ounces of gold. The acquisition positions Augustus to actively pursue tenure in a competitive and complex licensing environment.