Latest Court Approval News

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

Qoria Limited reported a 25% revenue increase to nearly $69 million for H1 FY2026 but also a widening net loss of $24.5 million. The company announced a transformative merger with US-based Aura to create a global digital safety leader.

SolGold shareholders have approved the recommended cash acquisition by Jiangxi Copper, a move that directly impacts DGR Global’s substantial investment in the company. Completion awaits court approval and further conditions.

ClearView Wealth Limited has entered a definitive scheme implementation deed with Zurich Financial Services Australia Limited, agreeing to a $415 million acquisition at a 21.5% premium to its recent share price. The deal, supported by major shareholders and subject to regulatory and court approvals, offers shareholders a cash consideration of 65 cents per share plus potential dividends and ticking fees.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

Energy Resources of Australia reported a significantly reduced net loss of $50 million for 2025, driven by rehabilitation provision adjustments and higher interest income. Meanwhile, rehabilitation delays and Rio Tinto’s compulsory acquisition efforts highlight ongoing operational and ownership challenges.

Diversified United Investment Limited reported a modest profit increase for the half year ending December 2025, alongside a stable dividend and a proposed merger with Australian United Investment Company Limited.

Fiducian Group’s FY2026 half-year results reveal robust growth with a 9% rise in funds under management and a 17% jump in underlying net profit, despite ongoing regulatory challenges.

Genesis Minerals has announced a recommended court-approved scheme to acquire Magnetic Resources for A$639 million, significantly expanding its resource base and production outlook. The acquisition includes the high-grade Lady Julie project near Genesis’ Laverton mill, promising operational synergies and supporting an aspirational 500,000 ounces per annum production target.

Aeris Resources has announced a strategic all-scrip acquisition of Peel Mining, consolidating key copper assets in New South Wales and aiming to extend the Tritton mine life beyond a decade. Peel shareholders will also retain exposure to precious metals exploration through a demerger into a new ASX-listed entity.

AMP Limited reported a 20.8% rise in underlying net profit after tax for 2025, driven by growth in wealth platforms and investments, alongside a planned CEO transition and pending class action settlements.

National Storage REIT delivered robust half-year results with earnings and occupancy gains, while agreeing to a premium acquisition offer from Brookfield-GIC consortium.