Latest Share Consolidation News

Carnavale Resources has retracted and replaced its recent investor presentation to correct overstated financial forecasts for gold prices above AUD 6,500/oz, reaffirming robust economics for its Kookynie Gold Project.

Strategic Energy Resources Limited is set to consolidate its shares on a 1-for-20 basis, significantly reducing the number of shares on issue and adjusting option exercise prices. The move, effective from April 1, 2026, follows all necessary approvals and aims to streamline the company’s capital structure.

Alicanto Minerals has finalised a significant 12-for-1 share consolidation, streamlining its capital structure just days before acquiring the Mt Henry Gold Project from Westgold Resources.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Redcastle Resources has reported exceptional high-grade gold assay results from its ongoing grade control drilling at Redcastle Reef, alongside key regulatory progress that paves the way for mining to commence mid-2026.

Alicanto Minerals has secured a transformative acquisition of the Mt Henry Gold Project in Western Australia, backed by a $28 million capital raise and a strategic partnership with Westgold. This move sets the stage for a major resource expansion and leadership refresh.

Horizon Minerals advances its Black Swan Processing Hub with increased throughput plans and reports $23.3 million in gold sales revenue, while securing a $35 million divestment deal for its Lake Johnston project.

Mont Royal Resources has kicked off a comprehensive work program at its Ashram Rare Earth and Fluorspar Project following a transformative merger and a successful $10 million capital raise. An updated Preliminary Economic Assessment is expected by the end of Q1 2026.

Pilot Energy has made significant strides in Q4 2025 with the launch of a modular data centre joint venture, progress on a hybrid solar and battery project, and advancement of offshore gas exploration partnerships, supported by substantial new financing.

Vita Resources NL, formerly Bastion Minerals, has advanced its Canadian and Australian projects with new exploration agreements and acquisitions, supported by a recent capital raise. The company is gearing up for significant exploration activities in 2026 under its refreshed corporate identity.

ION Video Ltd has responded to an ASX price query following a notable jump in its share price, confirming no undisclosed information exists and highlighting an upcoming technology launch.