Latest Legal And Compliance News

DigitalX Limited has responded to ASX queries, affirming the legality of its cryptocurrency treasury strategy and outlining plans to expand Bitcoin holdings significantly by 2027 to support its digital asset business.

Rimfire Pacific Mining has requested a voluntary suspension of its shares on the ASX following an arbitration loss against Golden Plains Resources, signaling a period of uncertainty as the company assesses the impact.

Platinum Capital faces a significant hurdle as L1 Capital, holding nearly 17% of shares, declares opposition to its proposed restructuring scheme. The Board remains supportive but is exploring alternatives.

Spenda Limited reported a robust Q3 FY25 with cash receipts soaring 160% year-on-year despite a strategic sale of its invoice finance loan book. The company secured a $3 million loan facility and forecasts a record-breaking quarter ahead.

Inca Minerals has formally agreed with Stunalara Metals to extend the timetable for their off-market takeover offer, setting new key dates through early April 2025.

Medlab Clinical reports a near-empty cash balance and zero receipts in Q2 2025, while actively pursuing a business acquisition ahead of its ASX removal date.

Ovanti Limited has made significant strides in its plan to enter the US Buy Now Pay Later market, delivering a comprehensive strategic report and strengthening its executive team to support expansion.

Following a recent unitholder meeting, One Managed Investment Funds Limited has initiated the orderly liquidation of the Fat Prophets Global Property Fund’s portfolio, signaling a significant transition for investors.

Yari Minerals and Impact Silver have mutually agreed to settle their arbitration claims, ending a legal dispute without admission of liability and with each party bearing its own costs.