Latest Investor Protection News

Spenda Limited has locked in a $3.5 million convertible loan facility with Obsidian Global GP, LLC, aiming to strengthen its working capital and edge closer to operational break-even.

Xstate Resources has secured over $2 million from more than 300 new investors in its Re-compliance Prospectus offer, positioning itself for a potential return to ASX trading by early September.

DMC Mining Limited has withdrawn its August 2024 prospectus due to delays in securing exploration licences in Guinea, but remains committed to its critical minerals projects and plans a replacement prospectus once licences are granted.

Rhythm Biosciences has responded to an ASX price query following a sudden surge in its share price and trading volume, confirming no undisclosed information is driving the activity.

Sarama Resources has taken a significant step in its international arbitration against Burkina Faso following the expropriation of its key gold exploration permit. The company seeks at least US$120 million in damages as proceedings move forward.

Laramide Resources has expanded its private placement to raise up to $12 million, aiming to fast-track US permitting and strengthen its balance sheet. The move signals confidence in advancing its late-stage uranium projects amid a competitive market.

Toys’R’Us ANZ Limited has been suspended from ASX trading following the appointment of voluntary administrators, signaling serious financial distress. The suspension will remain until the company meets ASX’s compliance requirements.

Southern Cross Gold has successfully closed the second tranche of its C$143 million private placement, securing nearly C$30 million to fund critical milestones at its Sunday Creek Gold-Antimony Project in Australia.

Qualitas Real Estate Income Fund (QRI) declared a distribution for April 2025, delivering an annualized return of 7.60% based on its net tangible assets. The fund continues to focus on real estate loans secured by mortgages across Australia, aiming to provide steady monthly income.

QBE Insurance Group has announced plans to issue AUD subordinated notes as part of its capital management strategy, aiming to strengthen its Tier 2 capital base. Details on pricing and timing will follow, contingent on market conditions.

Australian Bond Exchange Holdings has entered a strategic Liquidity Provision Agreement with ViewTrade Australia, aiming to broaden investor access to OTC securities globally through integrated technology and expanded market channels.

Osteopore Limited has announced a $20 million convertible notes offering aimed at bolstering its capital for ongoing operations and future projects. The highly speculative offer targets sophisticated investors and underscores the company’s strategic funding approach amid competitive medical device markets.