Latest Demerger News

Solstice Minerals has delivered a standout quarter at its Nanadie Copper-Gold Project, extending mineralisation well beyond the current resource boundary with a massive 629m drill intercept. Backed by a strong $45 million cash position, the company is poised for further resource growth and exploration across its Eastern Goldfields assets.

Pacgold's latest drilling at the Vertigo deposit uncovers strong shallow oxide gold mineralisation, accelerating plans to restart mining at White Dam. An updated resource estimate is due early Q3 2026.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

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.

Peel Mining has distributed all shares in Spectre Metals to its shareholders, marking the completion of the demerger. This comes just before Aeris Resources is set to acquire Peel in a scheme of arrangement.

Peel Mining's acquisition by Aeris Resources has cleared its final legal hurdle, with the Supreme Court of NSW approving the scheme of arrangement. Peel shares will suspend trading from 22 June, with implementation slated for 1 July 2026.

The NSW Supreme Court has approved Aeris Resources' takeover of Peel Mining, setting in motion key dates for shareholder entitlements and trading suspension.

Solstice Minerals has broadened its exploration horizons at the Nanadie Copper-Gold Project in Western Australia, unveiling multiple new targets including the Stark prospect. Ongoing Phase 2 drilling aims to build on the existing 40.4Mt resource, while a strategic review of Eastern Goldfields projects is underway.

Centuria Industrial REIT (ASX: CIP) detailed its strategy to expand data centre assets leveraging its urban infill industrial portfolio, aiming for real estate returns through development and long-term leases.

Centuria Capital Group unveils a vertically integrated AI and data centre strategy through its partnership with ResetData, aiming to capture surging sovereign AI demand amid global supply constraints.

Peel Mining has issued proxy presentations and Chairman’s scripts for key shareholder meetings on the demerger of Spectre Metals and the proposed acquisition by Aeris Resources.