Latest Shareholder Approvals News

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.

Blaze Minerals has inked a binding deal to acquire a major interest in the Loulombo Base Metals Project in the Republic of Congo, backed by a $2.52 million capital raise to fund exploration and development.

Emyria has landed a multi-year funding deal with Medibank to support its Empax PTSD program at Perth Clinic, marking a first for private insurer-backed psychotherapy in Australia. The company also announces a $4 million capital raise to fuel national expansion.

X2M Connect Limited has secured $1.95 million through a share placement and convertible note conversion, aiming to strengthen its balance sheet and accelerate growth in AI and IoT sectors.

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.

First Au Limited has successfully raised $1.5 million through a private placement, exceeding its initial target, to fund its strategic acquisition of the Nimba Gold Project in Liberia.

FireFly Metals has filed a final prospectus for a C$25.7 million bought deal offering as part of a broader A$71 million equity raise to advance its high-grade copper-gold projects in Canada. The capital raise includes institutional placements, a charity flow-through placement, and a share purchase plan.

PointsBet has released a supplementary scheme booklet revealing an improved $1.20 per share cash offer from MIXI, alongside a postponed shareholder meeting now set for June 25. The deal, backed unanimously by the PointsBet board, faces final court and regulatory approvals.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Patrys Limited has formalized the redundancy of CEO Dr James Campbell, with a $535,877 payout partly converted into shares pending shareholder approval. Dr Campbell will continue as a non-executive director.

Osmond Resources has confirmed extensive mineralised outcrops spanning 12 kilometres at its Orion EU Critical Minerals Project in southern Spain, while expanding metallurgical test work to include silicon metal, a key EU strategic raw material.

Lunnon Metals has initiated a 90-day exclusivity period with Gold Fields’ subsidiary to negotiate processing terms for the Lady Herial gold deposit, following a promising scoping study. This move could unlock value in one of Australia’s prolific gold regions.