Latest Asic News

Hartshead Resources NL has entered a binding agreement for acquisition by ACAM GP Limited, offering shareholders a 133% premium and a clear exit from development risks. The scheme is set for implementation in early 2026, pending approvals.

Global Uranium and Enrichment Limited (GUE) has registered its scheme booklet with ASIC, detailing the proposed acquisition by Snow Lake Resources Ltd. The independent expert report supports the fairness and reasonableness of the deal, with GUE directors unanimously recommending shareholder approval.

Assetora Limited has obtained a Supreme Court injunction restraining external receivers, allowing its directors to maintain control while agreeing on payments to noteholders.

Star Minerals has secured court orders confirming the legitimacy of its auditor changes and share issuance notices, resolving prior compliance issues and lifting its ASX trading suspension.

Mayfield Childcare reports steady occupancy growth and improved earnings in late 2025, setting a stronger foundation for FY26 amid sector challenges and an impending takeover offer from Embark Education.

Netwealth Group Limited will compensate members affected by the First Guardian Master Fund collapse with $101 million, impacting its 1H26 profit but aiming to restore member confidence swiftly.

Fiducian Group’s subsidiary Fiducian Investment Management Services Limited has filed a defence after ASIC initiated civil proceedings alleging misleading disclosure and compliance failures related to a managed fund.

Following a critical ASIC Inquiry Interim Report, ASX has pledged a strategic reset including a $150 million capital charge and enhanced board independence to restore market confidence.

Apiam Animal Health Limited shareholders are set to vote on a scheme of arrangement offering $0.87 cash per share or a mix of cash and unlisted scrip in a new holding company controlled by Adamantem Capital. The Independent Expert deems the cash offer fair and reasonable, while scrip options carry liquidity and minority risks.

Minbos Resources has updated the schedule for its Placement and Share Purchase Plan, delaying the SPP opening to mid-December with completion expected by early February 2026.

Locate Technologies Limited will be suspended from ASX trading following court approval of a scheme making Locate NZ the new parent company.

Holista Colltech has received a formal notice from ASIC seeking recovery of approximately $1.09 million in legal costs related to Federal Court proceedings. The company is currently reviewing its options amid ongoing regulatory scrutiny.