Latest Share Consolidations News

Tesoro Gold Limited has announced plans for a 15-for-1 share consolidation aimed at simplifying its capital structure and enhancing its appeal to investors, pending shareholder approval at the November 26 meeting.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Group 6 Metals has completed open cut mining at its Dolphin project, ramped up tungsten production to record levels, and secured new funding while preparing for underground operations.

RBR Group is seeking shareholder approval for a 30-for-1 share consolidation aimed at simplifying its capital structure and attracting institutional investors.

Spenda Limited has announced a 10-for-1 consolidation of its ordinary shares and multiple option classes, reshaping its capital structure with trading on a deferred settlement basis starting early December.

Vault Minerals delivered a strong September quarter with record gold production and advancing key infrastructure upgrades, setting the stage for significant free cash flow growth in FY27.

Mont Royal Resources has finalized its merger with Commerce Resources, creating a dual-listed critical metals company focused on advancing one of North America’s largest rare earth deposits in Québec. Backed by a fresh A$10 million capital raise and a seasoned leadership team, Mont Royal is poised to become a key player in the global rare earths market.

Australian Vanadium Limited is seeking shareholder approval for a 25 – 1 share consolidation aimed at streamlining its capital structure and enhancing investor appeal without altering shareholder value.

South Harz Potash Limited is progressing its transition to a dual-asset strategy, raising A$2.58 million to support expansion while adopting a cautious approach to its core German potash project amid market weakness.

Prodigy Gold has reported a milestone with over one million ounces of gold in its resource inventory, alongside significant exploration progress and a successful $7.13 million capital raise to fund ongoing development.

Vault Minerals Limited has announced a significant security consolidation, reducing its ordinary shares and performance rights by a factor of more than six. The move, effective from mid-November, aims to streamline the company’s capital structure ahead of resumed trading.

Corazon Mining has completed its acquisition of the Two Pools Gold Project, alongside a $2 million capital raise and a significant share consolidation, positioning itself for accelerated exploration in Western Australia’s prolific Gascoyne region.