Latest Share Consolidation News

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia from Westgold Resources, gaining a 0.9 million ounce gold resource with significant expansion potential. The company is set to initiate a 50,000-metre drilling program funded by a $28 million placement, positioning itself for rapid growth in a Tier-1 gold jurisdiction.

Way2Vat Limited’s shareholders have overwhelmingly approved a suite of resolutions at the December 2025 Extraordinary General Meeting, including share placements, executive performance options, and a share consolidation.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Kula Gold Limited’s board unanimously recommends shareholders accept Forrestania Resources’ off-market takeover offer, valuing Kula shares at a significant premium and promising reduced funding risks and exposure to a stronger combined gold portfolio.

Conico Ltd has appointed a new external auditor and secured shareholder approval for a significant 1-for-8 share consolidation at its 2025 Annual General Meeting.

Ionic Rare Earths Limited secured shareholder approval on all resolutions at its 2025 Annual General Meeting, including director election, share consolidation, and capital raising measures.

G11 Resources has raised A$7.5 million through a two-tranche placement to fund exploration at its copper and gold projects in Tasmania and New South Wales, positioning the company for potential major discoveries.

Catalina Resources has raised A$1.266 million through a share placement to advance its gold exploration in Western Australia's Yilgarn region, alongside proposing a significant share consolidation to streamline its capital structure.

Senetas Corporation Limited successfully passed all resolutions at its 2025 Annual General Meeting, including director re-elections, executive option grants, and a capital return proposal.

Senetas Corporation has streamlined its operations following the sale of Votiro, reporting a strong financial position and unveiling plans for a significant capital return and share consolidation.