Latest Delisting News

Energy Resources of Australia faces extended uncertainty as Zentree Investments lodges an appeal against Rio Tinto’s compulsory acquisition, prolonging ERA’s delisting and share suspension.

Matrix Composites & Engineering shareholders have overwhelmingly approved the acquisition scheme by Advanced Innergy Solutions, clearing a major hurdle ahead of Federal Court approval and delisting.

Scalare Partners has locked in a $5 million convertible note facility from Blackstone Mercantile, paving the way for up to $25 million in funding subject to shareholder approval. The deal includes a 60:1 share consolidation and a bonus option issue designed to soften dilution for existing shareholders.

Pan African Resources has completed its acquisition of Emmerson Resources through a Court-approved scheme, with Emmerson shares now transferred and shareholders issued Pan African CDIs. Emmerson will be delisted from the ASX on 2 July 2026.

Aeris Resources has finalized its acquisition of Peel Mining via a scheme of arrangement, issuing 0.3363 Aeris shares for each Peel share and preparing Peel for delisting from the ASX.

Aeris Resources has completed its acquisition of Peel Mining through a scheme of arrangement, issuing new shares to Peel shareholders and setting the stage for an expanded Tritton copper operation.

Cluey Ltd has formally requested voluntary delisting from the ASX, with the exchange agreeing in principle subject to shareholder approval and regulatory conditions. A general meeting is scheduled for 13 August 2026 to vote on the proposal.

SIV Capital has been advised by the ASX of a significant risk that it will fail to meet key listing requirements, prompting the company to explore alternative paths forward.

Toro Energy has officially been acquired by IsoEnergy’s subsidiary through a scheme of arrangement, with Toro shares now delisted from the ASX and shareholders receiving IsoEnergy shares as consideration.

SDI Limited’s acquisition by Beijing Guoci subsidiary is now effective following New South Wales Supreme Court approval, with the ASX suspension commencing and cash payout scheduled for early July.

Cluey Ltd plans to voluntarily delist from the ASX, citing thin trading volumes, undervaluation, and cost savings of around A$500,000 annually. Shareholders will vote on the proposal in August 2026, alongside a small parcel buy-back and the closure of its UK subsidiary Code Camp.

The Supreme Court of New South Wales has approved the scheme of arrangement for SDI Limited’s acquisition by Beijing Guoci’s subsidiary, paving the way for a cash payout and ASX suspension.