Latest Options News

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Torque Metals has kicked off a fully funded 6,500-metre drilling campaign at its Paris Gold Project in Western Australia, aiming to expand its 250,000-ounce gold resource by targeting high-grade zones identified through advanced electromagnetic surveys.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.

Lanthanein Resources Ltd is raising $2.1 million through a fully underwritten entitlement offer, proposing a 30, 1 share consolidation and a rebrand to Fortuna Metals Ltd. The capital raise aims to fund exploration and working capital, but will dilute existing shareholders by approximately 50% if they do not participate.

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

Almonty Industries has announced a 1-for-1.5 share consolidation approved by shareholders to streamline its capital structure in preparation for a potential Nasdaq listing.

Finbar Group has signed a conditional contract to sell a key Rivervale site for $13.68 million, paving the way for a large-scale build-to-rent development backed by community housing initiatives.

3D Energi Limited confirms final well locations and a September 2025 start for Phase 1 of its Otway Basin drilling program, with ConocoPhillips covering up to US$65 million of costs.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Leo Lithium has received the final US$177.6 million payment from the sale of its Goulamina stake and is advancing lithium-focused acquisitions, with a potential deal announcement expected soon.

Emmerson Resources has initiated critical geotechnical drilling at its White Devil Gold Deposit, progressing towards a feasibility study following a comprehensive reverse circulation drill campaign. The company’s scoping study signals strong potential for a major mine designation.