Latest Legal Proceedings News

Mastermyne’s FY2025 AGM reveals resilience amid sector headwinds, operational disruptions, and legal proceedings, while positioning for growth with new leadership and contracts.

Auric Mining has secured four key tenements near Kalgoorlie for its Lindsay’s Gold Project, with further payments and share issuance contingent on a pending court ruling.

Nuix Limited’s 2025 AGM revealed steady ACV growth, a leadership transition, and a strategic push centered on its Nuix Neo platform to fuel future expansion.

London City Equities and Excelsior Capital have settled their legal dispute, with Excelsior agreeing to a company-managed liquidation and delisting from the ASX by June 2026. This resolution avoids costly litigation and refocuses London City on its investment strategy.

ALS Limited reported a robust half-year performance with underlying revenue up 13.3% and net profit after tax rising 17.2%, driven by strong growth in both Commodities and Life Sciences divisions. The company also declared a higher interim dividend and advanced its global expansion strategy.

Veganic SKN Ltd has launched legal action against Cancer Council Australia over alleged misleading claims about chemical UV filters in sunscreens, coinciding with recent product recalls and the company’s ambitious growth plans for 2026.

Besra Gold Inc. reported a $3.47 million loss for Q1 2026, weighed down by finance costs tied to a major gold purchase agreement. Despite asset impairments and net liabilities, management remains cautiously optimistic about ongoing funding and project development.

Sequoia Financial Group’s subsidiary InterPrac Financial Planning faces ASIC civil penalty proceedings over past investment advice but plans a robust defence.

Paladin Energy reported a reduced net loss of US$9.9 million for Q1 FY2026 and completed a significant A$300 million equity raise to fund key uranium projects. The company also faces shareholder class actions alleging misleading production guidance.

Superior Resources Limited has voluntarily suspended trading of its shares pending a Supreme Court hearing on the validation of uncleansed shares, with a prospectus filing expected to follow.

Energy Transition Minerals secures a pivotal court ruling enabling progress on its Greenland rare earths project licence claim, challenging retrospective uranium legislation.

News Corporation reported a 2% revenue increase to $2.144 billion for Q1 FY2026, driven by growth in Dow Jones and Digital Real Estate Services, while Book Publishing faced headwinds. Net income rose 4% to $150 million, supported by operational efficiencies and a robust balance sheet.