Latest Market News

Elanor Commercial Property Fund has issued a supplementary statement correcting the takeover offer price from LDR Assets to $0.68375 per security, below its net tangible asset value. The Independent Board Committee strongly recommends securityholders reject the offer.

NSX Limited shareholders have overwhelmingly approved a scheme of arrangement for acquisition by a CNSX Markets-related entity, setting the stage for a significant market transition pending court approval.

Superior Resources Limited clarifies recent share price jump, attributing it to soaring gold prices and imminent resource updates, while confirming no undisclosed information.

Ryzon Materials has agreed to capitalise its entire secured debt by issuing shares and options, a move that could reshape its capital structure and support progress on its Nachu graphite project.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

Duxton Farms has successfully passed all scheme resolutions required to advance its strategic acquisition of four Australian private companies in walnuts, dried fruits, orchards, and bees. The merger awaits final conditions before completion.

Lake Resources N.L. has launched a pro-rata bonus loyalty options offer to eligible shareholders, granting one option per ten shares held, exercisable at A$0.05 over three years. This move aims to reward shareholder support and potentially raise capital for advancing its Kachi lithium project in Argentina.

Nova Minerals has secured a critical land use permit for an antimony refinery at Port MacKenzie, Alaska, backed by a US$43.4 million award from the U.S. Department of War. The company aims to produce military-grade antimony by 2026/27, positioning itself as a pivotal domestic supplier in the U.S. critical minerals market.

Lake Resources N.L. has announced a pro-rata entitlement offer of Loyalty Options, providing existing shareholders with a cost-free opportunity to increase their stake in the company over the next three years.

VHM Limited has clarified that a non-binding US$200 million letter of interest from the US Export-Import Bank for its Goschen project is not material to its share price, confirming full compliance with ASX disclosure rules despite recent market speculation.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Centaurus Metals has secured the final mining lease for its Jaguar Nickel Project in Brazil, clearing a major regulatory hurdle and moving closer to a Final Investment Decision and project development.