Latest Court Approvals News

Dropsuite secures Foreign Investment Review Board approval for its acquisition by NinjaOne, clearing a major regulatory hurdle ahead of the upcoming shareholder vote. Meanwhile, ASIC grants an extension for Dropsuite’s 2025 AGM, reflecting the pending transaction timeline.

Northern Star Resources has completed its acquisition of De Grey Mining, issuing new shares to De Grey shareholders and preparing to integrate the promising Hemi gold project into its portfolio.

Northern Star Resources has completed its acquisition of De Grey Mining, issuing new shares and preparing to delist De Grey from the ASX, marking a strategic expansion into Western Australia's Hemi gold project.

Gold Road Resources has entered a definitive agreement for acquisition by Gold Fields Limited, offering shareholders a compelling 43% premium and a special dividend. The scheme awaits shareholder and court approval, targeting completion by October 2025.

Aston Minerals Limited and Torque Metals Limited have announced a strategic merger to create a growth-focused gold exploration company with combined resources of approximately 1.75 million ounces across projects in Western Australia and Ontario, Canada.

Blackstone Minerals has entered a binding agreement to merge with IDM International, acquiring the high-grade Mankayan copper-gold project in the Philippines. This strategic move positions Blackstone at the forefront of critical metals and precious metals markets amid growing global demand.

Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.

SelfWealth Ltd has secured Federal Court approval for its acquisition by Syfe’s holding company, Svava Pte Ltd, marking a pivotal moment as its shares are suspended from trading on the ASX.

Aston Minerals Limited (ASO) and Torque Metals Limited (TOR) have agreed to merge via court-approved schemes, combining gold resources across Australia and Canada. The merger, recommended by ASO’s board and supported by an independent expert, awaits shareholder and court approval.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Meridian Energy has agreed to acquire NZ Windfarms for $91 million, aiming to streamline financing and boost capacity at the Te Rere Hau Wind Farm. The deal, supported by key shareholders, marks a significant step in New Zealand’s renewable energy landscape.

SG Fleet Group Limited reported a 9.8% drop in half-year profit to $41.1 million, while announcing a $3.50 per share acquisition scheme by Pacific Equity Partners' vehicle Westmann Bidco.