Latest Asx Listing Rules News

SQX Resources has addressed an ASX compliance query regarding director Bevan Tarratt’s trading during a closed period, confirming prior board approval and an administrative disclosure error.

ActivEX Limited has raised nearly $400,000 through a strategic placement of shares at a slight premium, locking in investor support with a 12-month escrow. The funds aim to fuel ongoing exploration efforts and bolster working capital.

American Tungsten and Antimony Ltd has addressed discrepancies between initial visual estimates and assay results for stibnite mineralisation at its Antimony Canyon Project, revealing challenges in distinguishing mineral types visually and outlining steps to improve reporting accuracy.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

ASX Compliance has formally queried Reckon Limited regarding a late filing of a director interest notice, raising potential breaches of key listing rules. The company must respond swiftly to avoid trading disruptions.

Ramelius Resources has withdrawn forward-looking financial statements based on a high gold price assumption, issuing a revised investor presentation that reaffirms its strong production growth and shareholder return plans through to FY30.

Merino & Co. Limited has attributed the late lodgement of director interest notices to an administrative oversight and reaffirmed its compliance measures to meet ASX disclosure rules.

ADX Energy has responded to ASX inquiries about recent unusual trading activity, confirming no undisclosed information but highlighting a recent placement settlement as a possible factor.

Sarytogan Graphite Limited has received over $2 million from key investor Dias Sarsenov, advancing its share placement strategy and preparing for a pivotal board appointment. Meanwhile, a significant top-up investment from the EBRD awaits shareholder approval.

Magnetite Mines Limited’s MGTOG securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Austal Limited has addressed ASX concerns over its half-year financial report, confirming compliance with accounting standards despite a qualified audit opinion linked to US Department of Defense contractual relief revenue.

Strike Resources has agreed to sell a further 28.52% indirect stake in its Apurimac Iron Ore Project to JE United Ltd for A$5.5 million, while securing a US$5 million credit facility to accelerate project development and iron ore marketing.