Latest Shareholder Approval News

Yugo Metals continues to hit significant gold grades in its maiden drilling at the Erak Prospect, with mineralisation open in multiple directions and further drilling underway.

Great Western Exploration (ASX: GTE) has entered a farm-in deal to earn up to 100% of the McKinlay Copper-Gold and Silver Project near Cloncurry, Queensland, targeting Ernest Henry-style IOCG and Cannington-style silver-lead deposits with a planned drilling campaign.

Reliance Worldwide Corporation has agreed to an exclusivity period with Brookfield Capital Partners over a A$4.75 per share acquisition proposal, valuing the company at around A$4.1 billion. The deal includes a 30-day go-shop provision allowing alternative bids.

WasteCo has issued $700,000 in unsecured convertible notes at 8% interest, set to mandatorily convert upon an expected equity raise within three months. The company also amended $2 million of existing notes, lowering the conversion price and extending maturity.

Scalare Partners offers 87 bonus options per 100 shares to eligible shareholders alongside piggyback options, aiming to mitigate dilution from upcoming convertible note conversions. Directors plan to exercise their options, with potential capital raised earmarked for working capital.

Excelsior Capital shareholders have greenlit a $24.3 million capital return set for late August, with the company preparing to delist from the ASX and enter liquidation to finalise remaining asset realisation.

Lotus Resources has successfully closed its retail entitlement offer, raising approximately A$26 million and bringing total equity raised to about A$60 million. The funds will bolster the Kayelekera uranium project’s transition to steady-state production alongside other financing arrangements.

True North Copper (ASX:TNC) has secured A$18 million in a placement upsized due to strong demand, plus a capped A$2 million Share Purchase Plan, to finalize its Mt Oxide acquisition payment and fund drilling and development across its copper projects.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Andromeda Metals is targeting $3 million through a Share Purchase Plan to fund the next phase of its High Purity Alumina project, including pilot plant optimisation and a Pre-feasibility Study.

Mount Hope Mining has raised $1.82 million in a strategic placement led by Ronin Metals, a fund managed by ex-Spartan Resources executives, aiming to accelerate exploration at its Mt Hope Project.

Sinclair Gold has locked in a binding earn-in agreement with Medaro Mining, unlocking up to $3.4 million in combined cash, shares, and exploration funding for its Sala silver-zinc-lead project in Sweden. Sinclair retains a net smelter return royalty and focuses on advancing its Mt Henry gold asset.