Latest Regulatory Delays News

Qube Holdings has postponed its second court hearing for the $5.20-per-share takeover by Rubik Australia, awaiting key regulatory approvals. The company plans to proceed with shareholder meetings and intends to pay a fully franked special dividend if the scheme proceeds.

Bass Oil lifted May production by 5% with a 219 barrels per day average, while drilling commenced on the Bunian 6 well, expected to double group output.

Sentinel Metals has kicked off its first diamond drilling campaign at the Columbia Gold-Silver Project in Montana, marking a major regulatory milestone and deploying a low-emission rig to test high-priority targets.

The ACCC has approved Ampol’s acquisition of EG Australia, mandating the sale of 41 overlapping fuel retail sites to Metro Petroleum to maintain competition across 39 local markets.

Elanor Investors Group has called off its planned acquisition of Singapore-based Firmus Capital due to prolonged regulatory delays, while reaffirming its $125 million recapitalisation with Rockworth Capital Partners and seeking ASX trading reinstatement.

Bubs Australia expects FY26 revenue between $105 million and $115 million, with underlying EBITDA forecast at $4 million to $8 million despite external challenges including regulatory delays and increased air freight costs.

Nufarm Limited posted a 35% rise in underlying net profit after tax to $52.1 million for HY26, driven by margin expansion and cost discipline despite a 5% revenue decline to $1.71 billion. The company confirmed its FY26 outlook, targeting strong earnings growth and leverage reduction.

Bremworth's acquisition by Floorscape faces further delay as the New Zealand Commerce Commission extends its clearance deadline to 30 June 2026, pushing the deal close to its expiry date.

Strickland Metals has expanded the Gradina Deposit's inferred gold resource by 600,000 ounces, pushing the Rogozna Project's total resource to 9.24 million ounces gold equivalent and reinforcing its Tier-1 status.

Strickland Metals (ASX:STK) has confirmed no hidden material information explains recent share price swings, attributing volatility to regulatory delays in Serbia and broader gold sector weakness.

Bremworth Limited and Floorscape Limited have pushed back the deadline for their acquisition scheme to 7 August 2026 after the New Zealand Commerce Commission extended its decision date to 29 May. The deal remains contingent on regulatory approval and shareholder consent.

Strickland Metals has laid out an ambitious 2026 drilling program at its Rogozna Project in Serbia, targeting resource expansion and Pre-Feasibility Study support, despite delays in government approvals for its Shanac license.