Latest Regulatory News

Iris Cairns Property Pty Ltd has launched an off-market takeover bid for all units in Reef Casino Trust at $3.87 cash per unit, a significant premium supported unanimously by the trust’s board and major unitholders. The offer opens on 12 September 2025 and closes on 13 March 2026, subject to regulatory approvals and conditions.

Marimaca Copper has successfully closed an A$80 million placement to accelerate exploration and development at its flagship Chilean copper assets, pending final TSX approval.

My Rewards International Limited has announced a pro-rata entitlement offer aiming to raise up to $4.1 million, a key step toward meeting ASX reinstatement conditions after a prolonged trading suspension. The offer includes a debt conversion proposal and is partially underwritten by major shareholders.

Element 25 has raised $10 million through a share placement to accelerate the expansion of its Butcherbird Manganese Project in Western Australia and support its planned battery materials facility in Louisiana, USA.

ABx Group has locked in a significant investment deal with Good Importing International to develop its bauxite projects in Queensland and New South Wales, positioning itself to capitalize on recent global supply disruptions.

Locate Technologies plans to transfer its listing from the ASX to the New Zealand Exchange, aiming to unlock greater flexibility for its Bitcoin Treasury Strategy. Shareholders will exchange their shares for NZX-listed equivalents, with the transition expected by late November 2025.

First Au Limited has secured permits and funding to launch a 2,500-metre drilling campaign at its Gimlet Gold Project near Kalgoorlie, aiming to upgrade its 120,000-ounce inferred gold resource and advance feasibility studies.

Forrestania Resources has signed a binding agreement to acquire the Burracoppin Gold Project from Askari Metals, adding a significant JORC resource near a major WA gold mine. The deal includes cash, shares, and options, linking Forrestania to promising African exploration assets.

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Perenti Limited has announced an on-market buy-back program targeting up to 85.4 million ordinary shares, aiming to optimize its capital structure over the next year.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Tabcorp Holdings has finalized its Dividend Reinvestment Plan price at AUD 1.02 per share alongside an unfranked dividend of 1 cent per share for the first half of FY2025, payable mid-September.