Latest Australian Stock Exchange News

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.

Alkane Resources has moved forward with its planned merger with Mandalay Resources, scheduling shareholder meetings for late July to approve the deal that would create a diversified Australian-focused gold and antimony producer.

Elders Limited has updated its dividend details for the six months ending March 2025, confirming an 18-cent per share payout, half of which is franked, with a Dividend Reinvestment Plan offering a 1.5% discount.

Catalina Resources is gearing up for a significant RC drilling campaign in the Central Yilgarn, following promising gold and rare earth element discoveries at its Laverton Project. The company’s expansive holdings in Western Australia reveal multiple high-grade targets with substantial exploration upside.

Hutchison Telecommunications (Amsterdam) B.V. has declared its takeover offer for Hutchison Telecommunications (Australia) Limited unconditional after securing over 98% ownership, signaling a decisive step in consolidating control.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.

The Reject Shop held a virtual Scheme Meeting approving Dollarama's $6.68 per share acquisition offer, reflecting a substantial premium and unanimous board support. The deal now awaits Federal Court approval, with implementation expected by late July.

Centuria Capital Group has announced a fully franked ordinary dividend of AUD 0.052 per security for the six months ending June 30, 2025, payable on August 19, 2025. This steady payout underscores the group's ongoing commitment to delivering shareholder value amid a stable property investment environment.

Meeka Metals has raised $60 million through an institutional placement to fund expansion at its Murchison Gold Project, aiming to boost mining operations and processing capacity ahead of first gold production expected this month.

Blackstone Minerals has received Supreme Court approval to acquire IDM International, gaining control of the significant Mankayan copper-gold project in the Philippines. The scheme is set to become effective mid-June, marking a strategic expansion for Blackstone in Southeast Asia's critical minerals sector.

Santos Limited has received a compelling non-binding proposal from the XRG Consortium to acquire the company at a significant premium, prompting the board to engage in due diligence and negotiations. This move could reshape the Australian energy landscape if finalized.

PointsBet Holdings has secured Foreign Investment Review Board approval for MIXI Australia's proposed full acquisition, marking a key regulatory milestone in the takeover process.