Latest Legal News

Ingenia Communities Group has turned down a $4.75 per security indicative offer from Warburg Pincus, affirming its commitment to a growth strategy anchored by the Peet acquisition and long-term sector tailwinds.

Fitzroy River Corporation reported a modest loss for FY26, with a key highlight being a $12.27 million disputed payment from Endura Mining related to its Snowy River Gold Project royalty. The company has initiated court proceedings in New Zealand to clarify the validity of this buyout option while exploring potential sale of its Bowdens Silver royalty.

Loyal Metals has completed its takeover by PT Bumi Resources, with scheme consideration paid to shareholders and trading suspended ahead of imminent delisting from the ASX.

FireFly Metals has raised approximately A$180 million through a dual-market equity raising to accelerate development of its Green Bay Copper-Gold Project in Newfoundland, Canada.

Alice Queen's subsidiary Monzonite Metals has agreed to sell its non-core NSW tenement EL8646 to Alkane Resources for $900,000 cash, sharpening focus on the Horn Island Gold Project in Queensland.

Symal Group has finalised its $50.8 million acquisition of Shamrock Civil, expanding its footprint in defence and resources across Queensland, South Australia, and the Northern Territory with expected earnings accretion in the first year.

Strickland Metals is reshaping its leadership team with key departures and appointments as it shifts focus from exploration to development at its Rogozna Project in Serbia.

Celsius Resources disputes foreclosure attempts by Equinaire over its 40% stake in Makilala Mining amid court rulings and pending arbitration.

Pengana Capital Group has lodged a formal application with the Takeovers Panel contesting the legitimacy and disclosure of Pengana International Equities’ recent capital management moves, including a contentious buy-back and rights issue.

Amara Minerals has taken a strategic legal step by filing a cross-claim against Great Divide Mining amid a GST indemnity dispute linked to Challenger Mines, intensifying a court battle that remains unresolved.

Identitii has issued nearly 200,000 shares to partially repay a $395,000 loan, reducing its debt by $128,944 through a debt-to-equity swap.

Sarama Resources has issued 16.5 million Performance Share Units to its directors and CFO, linking incentives directly to key arbitration outcomes against the Government of Burkina Faso. Half of the awards vest on receipt of an arbitration ruling, and the rest on receipt of any award funds.