Latest Court Approvals News

Winsome Resources shareholders and optionholders overwhelmingly backed Li-FT Power’s takeover scheme, clearing a major hurdle before the Supreme Court’s final approval scheduled for 11 May 2026.

Magnetic Resources has sent shareholders the detailed Scheme Booklet for Genesis Minerals’ $639 million acquisition, including an independent expert’s endorsement and unanimous board support, setting the stage for a pivotal vote.

Regis Resources and Vault Minerals have agreed to merge, creating Australia's third-largest ASX-listed gold producer with over 700,000 ounces annual output and a diversified asset base.

Winsome Resources is set for a decisive court hearing on 11 May 2026 to approve Li-FT Power's acquisition scheme, a critical step toward completing the lithium-focused takeover.

Toro Energy shareholders face a pivotal vote on a takeover scheme by IsoEnergy, offering a near 80% premium and access to a diversified uranium portfolio across Australia, Canada, and the US.

Little Green Pharma (ASX:LGP) posted record quarterly and annual revenues driven by a surge in European sales, improved cashflow, and reduced debt. The company is on track to complete its merger with Cannatrek by June 1, 2026, while benefiting from the US rescheduling of medicinal cannabis to Schedule III.

Titomic Limited is gearing up for a strategic shift to the US with a planned redomicile in H2 2026, while clinching major contracts across aerospace, defense, and rail sectors and achieving critical certifications that underpin its manufacturing ambitions.

African Gold Ltd has finalised its court-approved scheme of arrangement, transferring all shares and options to Montage Gold Corp and preparing for imminent ASX delisting.

Magnetic Resources has secured court approval to convene a shareholder meeting on 3 June 2026 to vote on Genesis Minerals’ proposed acquisition. The scheme booklet, including an independent expert’s report, will be released on 29 April, with Magnetic’s board unanimously backing the deal.

Nova Minerals has sent out its Scheme Booklet to shareholders and warrantholders, setting the stage for a May 29 vote on its proposed move from Australia to the US. The Independent Expert backs the scheme, and directors recommend approval.

Predictive Discovery Limited (ASX:PDI) completed its merger with Robex Resources, propelling gold production to 48,178 ounces in Q1 2026 and setting sights on 400,000 ounces annual production by 2029.

Loyal Metals Ltd has entered a binding scheme implementation deed with Indonesia’s PT Bumi Resources Tbk to sell all shares for A$0.45 each, valuing the company at approximately A$79.1 million. The transaction offers shareholders an immediate cash premium of over 40% and is supported by Loyal’s board and major shareholders.