Latest Legal News

InFocus Group has signed its first Codexa ROW customer, with a conditional agreement that could deliver at least USD 2.4 million over 24 months. The company must first build and validate a prediction markets module, secure regulatory readiness and complete the customer's licensing and SPV arrangements.

Vitura Health grew FY2026 revenue 6% to $131.2 million, but a sharp margin squeeze pushed the ASX-listed digital health company into a $4.4 million statutory loss. With ANZ debt classified as current and a potential $6 million FY2027 revenue hit from changed Bupa referrals, the promised turnaround faces a demanding test.

Dusk Group has carried its FY26 momentum into the new financial year, with like-for-like sales up 7.2% in the first 15 weeks despite operating six fewer stores. The home-fragrance retailer is now preparing a tightly controlled South African launch while an unresolved ACCC court case remains a material complication.

Cygnus Metals’ takeover by Central Asia Metals has become effective after the Supreme Court of Western Australia approved the scheme and the court orders were lodged with ASIC. Trading in Cygnus shares is being suspended ahead of implementation scheduled for 27 October.

Neometals reported high-grade gold and copper intersections at Barrambie during the September quarter, but its cash position remains tight after drawing a A$2 million secured loan. The company estimated only 1.08 quarters of funding and is still pursuing A$5 million in unpaid placement proceeds.

Warburg Pincus has refined its non-binding $5.25-per-security proposal for Ingenia, allowing securityholders to retain up to 5 cents of the next half-year distribution. The offer now hinges on exclusive due diligence and a board confirmation due by 19 October, but Ingenia has not endorsed it.

Kingsrose Mining has secured the key Finnish approvals needed to advance drilling at Area 6 of its Penikat project, with a January 2027 start still targeted. Appeals remain possible until 20 November, but a separate enforcement order could allow restricted drilling while any challenge is heard.

Benjamin Hornigold will pay shareholders a fully franked special dividend of 6.2 cents per share on 18 November, following litigation updates and executed deeds of settlement. The distribution is worth more than its headline cash amount to eligible Australian shareholders because it carries full franking credits.

Gateway Mining will elevate Richard Pugh to managing director and install Anthony McClure as chair after its November AGM, as the company prepares to intensify exploration at Yandal. The leadership reset comes with a $340,000 fixed package for Pugh and 15 million performance rights tied to share-price hurdles.

Mayfield Childcare has reset FY26 underlying EBITDA guidance to $2.4 million-$2.7 million after occupancy weakened and fee increases arrived late. A completed head office restructure is expected to deliver $1.5 million in annualised savings, mostly from FY27.

Netwealth has pushed total funds under administration to a record $139.2 billion, with managed accounts driving a quarterly surge in funds under management. But the company has lowered FY27 net-flow guidance and flagged fresh investment in loss-making acquisition Paradino, while defending First Guardian-related class action proceedings.

The Supreme Court of Western Australia has approved Central Asia Metals’ scheme to acquire 100% of Cygnus Metals, moving the transaction into its final procedural phase. Cygnus expects the scheme to become effective on 15 October, with implementation scheduled for 27 October.