Latest Options News

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

PYC Therapeutics has completed dosing in its Phase 1 study of PYC-001 for Autosomal Dominant Optic Atrophy, showing strong safety and early signs of improved vision. The company plans to launch a global Phase 1/2 trial later this year.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.

Evolution Energy Minerals has announced that its recent entitlement offer is now fully underwritten by Mahe Capital, with key directors participating as sub-underwriters, removing previous minimum subscription conditions.

Wesfarmers Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 1.11 per share payable on 7 October 2025, with shareholders able to receive payments in AUD, NZD, or GBP.

Austal Limited secures a significant US$314 million contract option from the US Coast Guard, advancing the Offshore Patrol Cutter program with orders for three additional vessels.

Duxton Dairies (Cobram) Pty Ltd (Duxton Walnuts) shareholders are set to vote on a scheme of arrangement for acquisition by Duxton Farms Ltd, with an independent expert concluding the merger is fair and reasonable. The transaction is part of a broader agricultural merger including Duxton Bees, Duxton Dried Fruits, and potentially Duxton Orchards.

Duxton Farms proposes a scheme of arrangement to acquire all preference shares of Duxton Orchards, offering scrip with optional cash consideration. An independent expert values the transaction as fair and reasonable, highlighting the strategic benefits of a larger, diversified agricultural platform.

Duxton Farms Ltd has announced a scheme of arrangement to acquire all issued preference shares of Duxton Dried Fruits Pty Ltd, offering a mix of scrip and cash consideration. An independent expert has assessed the transaction as fair and reasonable, endorsing the merger as a strategic step to create a diversified agricultural investment platform.

Duxton Farms proposes to acquire all preference shares of Duxton Bees via a scheme of arrangement, offering 0.839 Duxton Farms shares per Duxton Bees preference share, with up to 20% cash consideration. The independent expert values Duxton Bees preference shares between $0.64 and $0.85 on a control basis and considers the transaction fair and reasonable.