Latest Market Impact News

Omega Oil and Gas Limited has successfully raised A$7 million in a strongly supported institutional placement, positioning the company to advance its Canyon-1H fracture stimulation and appraisal program.

Aurum Resources has announced the suspension of trading and imminent delisting of Mako Gold from the ASX following its successful takeover. Mako shareholders are urged to accept the offer before the deadline to avoid delays in payment.

Lycaon Resources has addressed an ASX price query, confirming no undisclosed information influenced recent trading and releasing assay results from its Stansmore Project drilling program.

AUCyber Limited has recommended shareholders accept an increased cash takeover offer from 5G Networks Limited, raising the bid by 22.7% to 13.5 cents per share amid ongoing financial uncertainties.

FMG Pilbara Pty Ltd, a Fortescue subsidiary, has initiated an off-market takeover offer for Red Hawk Mining, proposing $1.05 per share with a potential increase to $1.20 contingent on acquiring a 75% stake. The Red Hawk Board unanimously endorses the bid, highlighting a significant premium and strategic implications for shareholders.

Southern Cross Gold Ltd has officially become a wholly owned subsidiary of Southern Cross Gold Consolidated Ltd following a scheme of arrangement, with shareholders receiving new securities and the company set for ASX delisting.

Amcor plc has taken a pivotal step in its proposed merger with Berry Global by filing the definitive joint proxy statement with the SEC, setting the stage for shareholder votes in February. Integration planning is well underway as both companies prepare to unite their packaging expertise.

Trigg Minerals reports a 92% increase in its Wild Cattle Creek antimony resource and expands its NSW footprint with key tenement acquisitions, positioning itself strongly in the critical minerals sector.

Nanoveu has completed due diligence and is set to finalise its acquisition of EMASS, integrating cutting-edge AI-enabled SoC technology into its EyeFly3D™ platform to expand applications across wearables, IoT, and smart devices.

Latin Resources Limited has secured Supreme Court approval for its acquisition by Pilbara Minerals, setting the stage for a significant consolidation in the Australian mining sector.

Centrex Limited has updated the timetable for its $10.4 million Entitlement Offer, with the offer opening on 28 January and closing on 19 February 2025. The company aims to bolster its position in sustainable agriculture through this capital raise.

Cassius Mining Limited has successfully raised $1 million through a share placement to fund its Soalara project in Madagascar and ongoing litigation in Ghana, signaling a strategic push in key operational areas.