Latest Regulatory Compliance News

European Lithium Limited has closed its initial on-market share buy-back and announced a new six-month program to repurchase shares at a discount, aiming to enhance shareholder value by reducing capital.

Cue Energy Resources has lodged an application with the Takeovers Panel contesting Horizon Oil's off-market takeover bid, alleging undisclosed arrangements and anti-competitive conduct that could undermine a fair market for control.

Fiducian Investment Management Services Limited has reached a heads of agreement with ASIC to resolve civil proceedings over misleading disclosures in its Diversified Social Aspirations Fund. The settlement includes a $7.3 million penalty and legal costs, pending court approval.

Temas Resources Corp has opted to reduce its financial reporting frequency, moving from quarterly to semi-annual reports under a Canadian Securities Exchange pilot program. This change aligns with its status as a venture issuer and reflects its ongoing focus on proprietary processing technology and mineral projects.

EML Payments has appointed Adam Olding as its Global CEO, marking a pivotal step in its EML 2.0 transformation and signalling strengthened leadership to drive growth. Concurrently, regulatory developments around its Australian banking licence application introduce new compliance dynamics.

Sequoia Financial Group has postponed its interim dividend payment to mid-May as it finalises the sale of InterPrac and awaits ASX guidance on a potential shareholder meeting.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

Killi Resources Limited has successfully completed the first tranche of its share placement, issuing over 26 million shares to raise just over $1 million. The company confirms full regulatory compliance with no undisclosed information.

Marvel Gold has identified promising new mineralisation corridors at its Hanang Gold Project in Tanzania following an extensive drone magnetic survey, setting the stage for a maiden drilling campaign starting in April.

InFocus Group Holdings has completed Codexa, a proprietary sweepstakes casino platform targeting the booming US market, with plans for licensing and potential sale.

Anax Metals Limited has successfully completed the first tranche of its capital raising, issuing 225.5 million shares to institutional and sophisticated investors and securing $5.2 million in fresh funds.

Thrive Tribe Technologies has completed a $240,554 capital raise through a discounted share placement, aiming to bolster its working capital. The placement involved issuing over 318 million shares at a 25% discount, with Clee Capital acting as lead manager.