Latest Asx Suspension News

Strata Investment Holdings has dismissed a cash acquisition proposal from Freedom BidCo, citing undervaluation, even as it raises A$8 million to fund strategic investments and litigation.

The Supreme Court of Western Australia has approved ACAM GP Limited’s full acquisition of Hartshead Resources via a scheme of arrangement, setting the stage for the company’s ASX suspension and shareholder payouts next month.

The Supreme Court of Western Australia has approved Genesis Minerals’ acquisition of Magnetic Resources, setting a clear timetable for scheme implementation and ASX trading suspension.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

Nova Minerals has secured New South Wales Supreme Court approval for its schemes of arrangement, paving the way for its US holding company to take control and triggering ASX delisting and NYSE admission.

Corporate Travel Management reports progress on UK customer remediation with funding plans underway and final agreements near completion. The company maintains strong client retention above 97% and aims to release audited FY25 and reviewed 1H26 financials by end of June, eyeing a swift return to ASX trading.

Killi Resources has significantly extended the King Louie Breccia gold-copper-molybdenum anomaly at its Mt Rawdon West Project, setting the stage for imminent drill testing backed by government funding.

WA Kaolin shakes up its board with two resignations and a new director appointment, moving to lift its trading suspension and steer the next phase of its Wickepin kaolin project development.

Pacific Nickel Mines is pressing ahead with the sale of its Kolosori Nickel Project for a nominal A$1 while remaining suspended from the ASX, supported by ongoing Glencore financing and subject to key approvals.

ChemX Materials remains suspended from ASX trading since December 2024, with no exploration activity reported in Q1 2026. The company secured an unsecured $1.2 million loan facility to support its recapitalisation and operational needs.

Babylon Pump & Power has called off its planned acquisition of a water pumping and storage business after failing to agree on terms. The ASX-listed company now aims to refresh working capital through a capital raise and lift its trading suspension.

NT Minerals has launched a pro-rata non-renounceable entitlement offer aiming to raise up to $968,722 at $0.002 per share, providing shareholders a chance to subscribe for two shares for every five held. The offer opened on 5 May 2026 and closes on 26 May 2026, with electronic access to prospectus documents and a focus on reducing paper usage.