Latest Legal And Regulatory News

AVJennings Limited shares will halt trading following court approval of a takeover scheme by PM Nominees C Pty Ltd, marking a pivotal shift for the property developer.

Centex Limited and Agriflex Pty Ltd, currently under voluntary administration, have received a Deed of Company Arrangement proposal from PRL Global Limited involving an $8.2 million contribution and a share transfer. Administrators recommend creditors approve the DOCA for better returns and operational continuity.

Lloyds Banking Group reported a robust first half in 2025, with net income up 6%, strong lending growth, and a 15% increase in its interim dividend. The bank reaffirmed its 2025 guidance and expressed confidence in meeting ambitious 2026 targets.

Ramelius Resources has officially withdrawn its conditional takeover bid for Spartan Resources following court approval of a competing scheme of arrangement, setting the stage for Spartan’s shares to be acquired under the scheme.

The Supreme Court of Western Australia has approved the scheme of arrangement for Ramelius Resources to acquire Spartan Resources, marking a significant consolidation in the gold mining sector.

Rimfire Pacific Mining accepts an arbitration ruling that reinstates key project agreements and prepares for a capital raising amid continued voluntary suspension.

Dundee Precious Metals has published the detailed scheme document for its recommended acquisition of Adriatic Metals, setting the stage for shareholder votes in August 2025. The transaction, subject to regulatory approvals, aims to consolidate two key players in the precious metals mining sector.

The Takeovers Panel has decided not to proceed with an application challenging Keybridge Capital’s board decisions amid Yowie Group’s takeover bid, citing prior rulings and no unacceptable circumstances.

Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, unlocking access to exceptionally high-grade antimony mineralisation and positioning itself in a mining-friendly jurisdiction.

Korab Resources faces renewed uncertainty at its Rum Jungle Project after the Supreme Court invalidated the renewal of two key mineral leases due to a conflict of interest in the decision-making process.

My Rewards International has secured conditional approval from the ASX to reinstate its shares, pending a significant capital raise and debt-to-equity conversion. The company faces a detailed checklist before regaining official quotation.

Rimfire Pacific Mining has lost a key arbitration case against Golden Plains Resources and remains in a trading halt as it assesses the fallout. The company may seek a voluntary suspension to fully understand the implications and comply with ASX rules.