Latest Shareholder Offers News

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

Solis Minerals has voluntarily delisted from the TSX Venture Exchange to concentrate on its primary ASX listing, prompting changes to its ASX waivers and financial reporting calendar.

Engenco Limited is set for trading suspension and delisting from the ASX after Elph Investments secures a 95.57% stake and moves to compulsorily acquire remaining shares.

betr Entertainment has unveiled a compelling all-scrip takeover offer for PointsBet, featuring an $80 million selective buy-back to provide liquidity and promising significant value creation for shareholders.

Staude Capital Global Value Fund Limited (GVF) launches a Share Purchase Plan offering existing shareholders a chance to invest up to $30,000 at a price near its net asset value, following nearly five years without a capital raise.

Hazer Group Limited has opened a $2 million underwritten Share Purchase Plan, offering eligible shareholders in Australia and New Zealand the chance to buy shares at the same price as a recent institutional placement. The funds will support the commercialisation of its methane reactor technology and synthetic graphite development.

Xanadu Ltd’s major shareholder Zijin Mining has accepted Bastion Pte. Mining Ltd’s takeover offer, pushing Bastion’s stake close to 30% and prompting the Takeover Committee to recommend shareholders accept the bid.

Clean Seas Seafood updates shareholders on a lower scrip alternative ratio following Yumbah Aquaculture’s significant asset impairments, while the scheme meeting is postponed to early July.

Hazer Group has raised A$8 million through a share placement and launched a A$2 million Share Purchase Plan to accelerate its clean hydrogen and graphite technology commercialisation.

Agrimin Limited has locked in a significant 27% shareholding in the upcoming Tali Resources IPO, offering its shareholders a priority allocation worth up to $2 million. The IPO is set to list on the ASX on 21 July 2025, marking a strategic expansion for Agrimin in the lithium and mineral resources sector.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.

Magnum Mining’s recent entitlement offer attracted only 22% subscription, failing a key regulatory condition and rendering the offer void. The company now faces the challenge of securing alternative financing to maintain its strategic momentum.