Latest Shareholder Approvals News

HITIQ has secured a $1.5 million R&D tax incentive loan facility and drawn half the available funding, providing immediate liquidity while adding interest-bearing debt. The arrangement with a related party also puts shareholder approval of proposed security in focus.

Aurum Resources has secured A$52.5 million from institutional investors to begin long-lead procurement and other early works at its Boundiali gold project before the definitive feasibility study is complete. The raise strengthens the balance sheet, but also adds 95.45 million shares ahead of two major technical milestones.

Silver Mines has secured firm commitments for a $70 million placement, giving the company more funding to advance its Bowdens Silver Project through development approvals and engineering studies. The raise also supports royalty acquisitions, exploration and land access, although nearly 43% of the new shares still require shareholder approval.

Ausgold has secured an ASX waiver allowing 6,000,004 vested unlisted warrants to be cancelled without a separate shareholder vote if OceanaGold’s proposed takeover scheme becomes effective. The unexercised warrants would instead convert into Ausgold shares eligible to participate in the scheme.

LE Minerals finished FY2026 with an A$48.2 million statutory profit, but the result was driven by a one-off A$58.1 million after-tax gain from selling its Solaroz lithium project interest. The company ended the year with A$60.2 million in cash and term deposits as it reshapes its portfolio around Queensland and Utah exploration assets.

GWR Group has completed a $19.85 million capital return, paying shareholders 6.1 cents per ordinary share. The distribution delivers the approved cash payout, but leaves the company’s post-return cash position undisclosed.

Enova Mining has increased its unbrokered placement to $2 million after securing an additional $500,000 in binding commitments. The expanded raising will fund exploration and project work, but most of the 2 billion new shares still requires shareholder approval.

Papyrus Australia moved its banana-fibre technology into early commercialisation during FY26, signing an estimated $4.2 million TBS supply contract and delivering commercial-scale samples. But the company ended the year with $257,077 cash, negative equity and an auditor-flagged material uncertainty over its ability to continue as a going concern.

Reach Resources has increased the Blue Heaven resource by 30% to 80,000 ounces while advancing a proposed profit-sharing mining arrangement with Andel Resources. The progress came alongside a sharply larger FY2026 loss and a balance sheet still dependent on future project execution.

Narryer Metals is buying the Redhill Copper Project in southern Chile from 29Metals, gaining an existing 4.3Mt inferred resource and a much larger conceptual exploration target. The deal also brings a A$1 million strategic investment from 29Metals at a 54% premium to Narryer’s pre-announcement share price.

Bounty Oil & Gas NL (ASX:BUY) is pursuing a 2,322 km² deepwater exploration block offshore Liberia, backed by a $3.55 million placement and major vendor-linked securities. The opportunity remains conditional: the block has no executed production sharing contract, no independent resource estimate and has not yet been reviewed directly by Bounty.

Microba shareholders would own about 67% of an enlarged Genetic Signatures under a proposed all-scrip merger valued at approximately A$51 million. The deal combines roughly A$29.6 million of FY2026 revenue and identifies up to A$3 million in potential annual cost synergies, but remains subject to a long list of approvals.