Latest Share Consolidations News

G11 Resources has announced a proposed acquisition of Pacific State Metals, adding highly prospective copper and gold projects in Tasmania and New South Wales to its portfolio. The deal includes a significant share issuance and a planned share consolidation, pending shareholder approval.

Dart Mining NL has raised A$2.86 million through a discounted share placement to fund drilling at its key Queensland projects, with shareholder approval pending for the bulk of the capital raise and related options.

New Zealand Coastal Seafoods Limited has completed a major vessel upgrade, attracted international investment, and is preparing to resume ASX trading after strategic corporate changes.

Sayona Mining’s merger with Piedmont Lithium faces further delay due to shareholder quorum shortfall, prompting an extension of its financing agreement with Resource Capital Fund VIII. The extension includes a potential AU$38 million capital injection through new options.

Sayona Mining and Piedmont Lithium have revised their merger timetable after Piedmont adjourned its special meeting due to insufficient shareholder quorum. The vote is now rescheduled for August 11, with completion expected by mid-August, pending approvals.

Kincora Copper Limited has updated the timetable for its planned 10-for-1 security consolidation, affecting shares and multiple option classes with adjusted key dates and exercise prices.

Conico Ltd has resolved a key legal dispute and secured $1.4 million in convertible loans, setting the stage for a rights offer and share consolidation as it plans to resume trading.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

South Harz Potash Limited has bolstered its balance sheet through a combined A$2.39 million equity raise, positioning itself to pursue a dual-asset strategy targeting new critical minerals while preserving its core German potash project.

Rapid Critical Metals has completed a $10.5 million capital raise to acquire major silver projects in New South Wales, appointed Byron Miles as Managing Director, and expanded its land holdings near the Webbs Silver Project by 26 times.

Gold Mountain Limited has kicked off diamond drilling at its Irajuba rare earth project in Brazil, defining a significant exploration target while securing $3.05 million to fuel ongoing exploration.

Beacon Minerals reported a 20% increase in gold production to 7,365 ounces in the June 2025 quarter, alongside significant drilling progress at the Iguana deposit and a strategic share consolidation and buy-back program.