Latest Options News

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.

Ragusa Minerals is raising $427,200 through a discounted share placement aimed at sophisticated investors, with free attaching options pending shareholder approval.

Orpheus Uranium announces key board retirements and leadership shifts as it intensifies its focus on uranium exploration and project acquisitions.

Condor Energy has launched a comprehensive market and commercialisation study for its 1 trillion cubic feet Piedra Redonda gas discovery offshore Peru, aiming to chart a clear path toward development and partnerships.

TPC Consolidated Limited has extended critical deadlines for its acquisition scheme with Wollar Solar Holding, awaiting Foreign Investment Review Board approval. The move delays the scheme's completion but keeps the deal alive for now.

Unibail-Rodamco-Westfield will voluntarily delist from the ASX by late August 2025, citing low liquidity and rising compliance costs. Australian investors holding CHESS Depositary Interests face key decisions on how to manage their holdings.

Carbonxt Group has increased its ownership in the Kentucky activated carbon facility to 43.7%, moving closer to a 50% target as the plant nears commercial production. The company also raised A$1 million via convertible notes to support this strategic expansion.

Lithium Universe Limited has successfully raised $600,000 through the first tranche of its share placement, advancing its green lithium refinery ambitions in North America. A second tranche worth $1.1 million awaits shareholder approval, underpinning the company’s strategic growth plans.

Munro Climate Change Leaders Fund Active ETF (ASX – MCCL) has released an estimated cash distribution of 302.3 cents per unit for the fiscal year ending 30 June 2025, signaling investor returns amid evolving market conditions.

Duxton Farms Ltd has announced a special fully franked dividend of AUD 0.24 per share, payable in August, alongside a dividend reinvestment plan offering shares at parity with a recent placement.

FirstWave Cloud Technology has renewed its key email security agreement with Telstra, securing ISM-compliant services for federal agencies while preparing for a notable revenue decline offset by cost savings and growth via AWS.

Adherium Limited has announced a partially underwritten entitlement offer aiming to raise approximately A$4.5 million through the issuance of new shares and options at a significant discount. The capital raise is designed to accelerate patient onboarding and product development for its respiratory monitoring technology.