Latest Legal Claims News

Australian Pacific Coal Limited has been served a statutory demand for over A$1 million by M Resources Trading Pty Ltd, linked to a previously announced management fee. The company is reviewing the claim while continuing operations at its Dartbrook mine.

Sarama Resources has raised A$2.7 million through a well-supported equity placement to fund a maiden drilling campaign in Western Australia's Laverton Gold District and advance its arbitration claim against Burkina Faso.

EML Payments has reached an in-principle agreement to settle a $37.36 million shareholder class action related to its 2020 acquisition, allowing the company to focus on its strategic growth plans.

Dubber Corporation has initiated court proceedings against its former auditors following a $26.6 million misappropriation uncovered in FY24, aiming to restore financial stability by year-end.

Winchester Energy has successfully dismissed all legal claims from Westex Resources over its 2022 Texas farm-in, removing a key project risk.

AF Legal Group has resolved a significant legal claim related to a senior lawyer's 2022 hire, incurring up to $600,000 in costs, while navigating an ongoing regulatory probe. Despite these challenges, the firm remains optimistic about improved profitability in the second half of FY25.

Triton Minerals has initiated legal proceedings after a key payment default in its sale of Mozambique graphite assets, while advancing exploration at its new Aucu copper/gold project.

Zuleika Gold Limited has progressed its exploration strategy with a comprehensive targeting review ahead of planned 2025 drilling, while also securing favorable court rulings in ongoing litigation related to the K2 Project.

Oakridge International Limited reported strong operational and financial progress for Q1 2025, highlighting increased trading income, positive cash flow, and a robust sales pipeline in healthcare IoT technology despite ongoing legal discussions.

Gas2Grid Limited moves closer to securing a new service contract in the Philippines while appealing a significant legal claim in France, all under the pressure of an impending ASX suspension deadline.

Vitrafy Life Sciences reported a dramatic increase in half-year losses to $25.7 million, yet successfully raised $35 million through an IPO to fuel its cryopreservation technology expansion.

Zuleika Gold Limited is gearing up for a pivotal drilling campaign in the first half of 2025 after refining its project portfolio and withdrawing from several non-core assets. Meanwhile, the company intensifies its legal battle to secure damages from Vango Mining over contract breaches.